Source: USGlass Magazine Brad Holt will tell you there’s something to be said for being situated near North Carolina’s busy Research Triangle area of Durham, Chapel Hill and the state capital of Raleigh.
Source: USGNN PPG Industries reported record second-quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, but company glass sales dipped in what chairman and chief executive officer Charles E. Bunch calls a “challenging” glass market.
Source: Journal Interactive When Pewaukee entrepreneur Peter Petit looks at a window he doesn't just see a piece of glass, he sees the future.
The vacuum-insulated window glass designed by the founder and chief executive officer of V-Glass LLC won the advanced manufacturing category in the 2013 Wisconsin Governor's Business Plan Contest last month. Source: Woodworking Newwork The Cabinet and Vanity Manufacturing industry has fared poorly in the five years to 2013 because of shattered consumer confidence in the economy and slow residential housing expenditures due to the recession. Additionally, the steadily strengthening Canadian dollar made it cheaper for consumers to purchase imported cabinets and wood furniture products, which lowered domestic demand for manufactured products. “Canadian wood furniture manufacturers have faced increasing competition, particularly from countries with low labour costs, such as China and Mexico,” IBISWorld industry analyst David Yang says. As a result, even when residential housing expenditures started to recover from the recession, demand for industry products continued to slow. In the five years to 2013, IBISWorld expects industry revenue to fall at an annualized rate of 1.7% to $2.6 billion. Industry profitability has also contracted during the period due to import competition, stagnant domestic demand and rising input costs.
The unemployment rate for US construction workers fell below double digits in June for the first time since 2008, but there are fears of a skills shortage.
Source: USGlass® Magazine Jerry Wright, president and owner of AAA Glass in Fort Worth, Texas, says that the Texas glass industry has already come to terms with the idea of immigration reform and stands ready for whatever form of it eventually becomes the law of the land.
Source: DWM/Shelter Magazine by Mike Collins The Association of Foreign Investors in Real Estate (AFIRE) is worth watching to track the world’s opinion of U.S. real estate. Each year, AFIRE surveys its 200 members, who together own roughly $2 trillion in real estate assets around the world, to ask where they are interested in investing in the year ahead. When the results of the survey were published earlier this year, for the first time in the history of the survey, four of the top five markets of interest were located in the United States. The U.S. markets of greatest interest to global investors were New York City, San Francisco, Washington, D.C. and Houston, which made its first appearance on the list. London, the only international city in the top 5 was ranked after New York.
Source: USGlass® Magazine Just imagine the considerable gamut of logistics involved in trying to move a behemoth piece of glass that extends nearly 46 feet in length, stands more than 10 feet in height and weighs in at a little more than 7,700 pounds. Now imagine that glass is laminated.
Source: Home Channel News Masonite International Corp., manufacturer of interior and exterior doors, recently opened a 200,000-sq.-ft. door manufacturing facility in Denmark, S.C.
Source: KTVZ.COM Woodgrain Millwork, Inc. announced Friday a $3 million investment to make its Prineville manufacturing plant state-of-the-art., citing the need to "meet increased demand in the market."
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