Source: Sika UK Sika has acquired Everbuild Building Products Ltd, UK’s largest independent manufacturer of sealants, adhesives and construction chemicals. Everbuild is located in Leeds with annual sales revenue of over CHF 90 million and a workforce of 270 employees.
Source: USGlass® Magazine The nation’s recovery from a devastating recession continues, but it remains a slow one for the nonresidential construction industry.
Source: Door & Window Market Magazine It’s often cited as the root of the economic malaise that has gripped America for much of the last six years. But things are starting to pick up in the residential construction industry as improved national employment figures, significantly lower interest rates, fewer foreclosures and overall optimism have led to an upswing in residential home sales. That was the assessment this week by economic experts from the Associated Builders and Contractors (ABC), the National Association of Home Builders (NAHB) and the American Institute of Architects (AIA) during their 2013 Mid-Year Construction Forecast. Kermit Baker, chief economist for AIA, David Crowe, chief economist for the NAHB, and Anirban Basu, chief economist for ABC, spoke in unison on their economic outlook for the non-residential construction sector, the residential construction sector and the architecture professionals that design projects for both construction sectors.
Masonite International Corporation (the “Company”) today announced it has signed a definitive agreement to acquire the door manufacturing operations of Masisa S.A. for approximately $12.5 million. The transaction includes the door component operations in Cabrero, Chile and a door assembly factory in Chillan, Chile. The operations to be acquired primarily manufacture high quality stile and rail panel and French wood doors for the North American market. The facilities employ approximately 300 people.
Source:UK Green Building Council Energy saving improvements can increase the value of a home by 14 per cent on average - adding more than £16,000 to the sale price, according to a new report from the Department of Energy and Climate Change (DECC).
Source: Glass International The Glass Performance Days (GPD) conference was this year held in Tampere, Finland, on 13–15 June.
Source: USGNN Charles Bostick of Seele Sedak & Co. used the final day of Glass Performance Days (GPD), which took place last week in Tampere, Finland, to detail the latest in glass technology and projects completed over the last two years. He noted that fantastic things have been going on in architectural glazing. Making his point with a series of telling pictures and diagrams, Bostick said that progress in the last few years has meant further advancement of developments in glazing achieved during the first decade of this century. According to the presentation he gave, there is an effort to standardize the designing, processing and use of oversize glass units, structural glass elements, more advanced connectors and more complex glazing units in regards to geometries, coatings, surface treatments and milling. This, he said, promises to be the base for jumping to the next wave of glazing innovations. The task at hand is to inform the designers of the possibilities and let them come to the glazing industry to find what they need for their visions.
Source: ARCHITECT 2013 By Kriston Capps Public spending drives nonresidential construction, and right now, the government isn't driving public spending.
Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. Any reading over 50 indicates that more builders view sales conditions as good than poor.
Source: Woodworking Network Enforcement of cash deposit requirement on unfairly traded imports from China is one of the goals cited by CFTHP.
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