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Trulite Acquired by Truelink Capital

Trulite was officially acquired by investment firm Truelink Capital, according to a company release. Trulite CEO Kevin Yates says Truelink is the right partner to help support Trulite's next phase of growth.

The National Glass Association Outlines Impacts of The Inflation Reduction Act of 2022

NGA applauds the signing of the Inflation Reduction Act of 2022 today, August 16, 2022, by President Biden. Most notable to the glazing and glass building products industry, the bill provides almost $400 billion to fund energy and climate projects aimed at reducing carbon emissions by 40 percent by…

Guardian Glass Sells Two Russian Facilities

In response to the Russian aggression against Ukraine, Guardian Glass has sold its two float glass manufacturing facilities in Russia, say officials.

Delays, Freight Rate Hikes Likely as Ukraine War Disrupts Shipping Operations

The key port cities Odessa and Mariupol in Ukraine have suspended most operations, leaving over 1,000 commercial sailors unable to move cargo containers through the Kerch Straight and the Black Sea. The glass manufacturing and other commercial construction industry sectors that rely on Eastern…

Bloomberg Reports that CRH Plans to Sell Oldcastle BuildingEnvelope

According to a Dec. 7 breaking news report from Bloomberg, CRH Plc is planning a sale of Oldcastle BuildingEnvelope in a deal that could be worth more than $3 billion, per “people with knowledge of the matter.”