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February 9, 2009
Japanese stocks fell as Nomura Holdings Inc.’s plan to bolster capital sparked concern ownership will be diluted and Asahi Glass Co. forecast a loss this year.Asahi Glass plummeted 10 percent to 466 yen [$5.07]. The company said on Feb. 6 it expects a net loss of 42 billion yen [$457,288,194] this year as a full-scale recovery in the global economy isn’t likely. That would mark its...
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February 9, 2009
Diamon-Fusion International Inc., San Clemente, Calif., global developer and exclusive licensor of patented hydrophobic nanotechnologies, signed a license agreement in Mexico with Millet Industria De Vidrio, a Yucatan-based glass group, according to a Feb. 6 DFI release. Millet, a 50-year privately held group based in Yucatan peninsula, has manufacturing plants in Merida and Cancun and...
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February 6, 2009
Los Angeles-based C.R. Laurence Co.'s Australian subsidiary, C.R. Laurence Co., Australia Pty, acquired Australian Glass Tools Pty, Melbourne, according to a Feb. 6 CRL release.“Australian Glass Tools was founded in 1993 by Ron Bremner, and has grown to be a well-known supplier to the glazing industry within Victoria and throughout Australia," said Lloyd Talbert, president, CRL, in the...
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February 6, 2009
Officials at Schraml Glastechnik, Austria, selected Salem Distributing Co., Winston-Salem, N.C., as Schraml's North American sales agent to promote and sell its topDRILL line of vertical drilling machines, according to a Feb. 2 Salem release. The topDRILL was the first vertical drilling machine introduced into the market in the mid-90s and has had a strong following around the world.The...
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February 6, 2009
A virtual tradeshow, a new online feature from the Glass Association of North America, Topeka, Kan., launched recently, according to a Feb. 2 GANA release. The launch comes in time for Glass Week and the BEC Conference in Las Vegas Feb. 12-17. The tradeshow features product information, videos and presentations, as well as downloadable brochures from exhibitors. This marks GANA's first...
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February 6, 2009
St. Paul, Minn.-based 3M, gave details today of the new product lines that could come out of its just-launched renewables energy division.Tracy Anderson, business director of the division's energy generation unit, said the company is developing new applications for tape and film in biofuels, solar and wind in response to demand from customers and market opportunity.In the solar space, 3M sells...
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February 6, 2009
Mesko Glass representatives were before the Honesdale Planning Commission [Pa.], Wednesday night, with a sketch plan for their new store, and attached shopping strip of five retail units. The new building is planned for their present location on top the hill on Grandview Avenue and will replace their current structure.The sketch plan presented to the commission shows a new store for Mesko Glass...
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February 6, 2009
U.S. companies, struggling to contain escalating losses in the deepening recession, squeezed more output from their remaining workers last quarter.Productivity, a measure of employee output per hour, rose at a 3.2 percent annual rate in the fourth quarter, more than twice as much as forecast, a Labor Department report today in Washington showed. Labor costs climbed at a 1.8 percent rate, less...
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February 6, 2009
Reed Construction Data, Norcross, Ga., a leading provider of building information modeling solutions and construction information, has announced a February 2009 launch for SmartBIM Library (SBL) v3.2, the leading BIM content management tool for architects and engineers.The release of SBL v3.2 will add new features and enhancements including the drag-and-drop family publisher, allowing users to...
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February 6, 2009
During the second day of the Insulating Glass Manufacturers Alliance Annual Conference, Bill Lingnell, president of Lingnell Consulting Services, Rockwall, Texas, and technical consultant to IGMA, presented a progress report for ASTM E 2431, a standard to reduce thermal stress breakage. Lingnell has been leading a project to extend the standard that currently covers single-glazed units to include...