Fenestration Day, Glass Expo West Kick Off in California

Mar 19th, 2015

logo

-+*William Greiner, the chief investment officer at Mariner Wealth Advisers, delivered the keynote address on Thursday to open Fenestration Day and Glass Expo West at the Hotel Irvine Jamboree Center in Irvine, Calif. Greiner’s presentation covered the latest economic outlook both globally and in the U.S. He pointed out that the developed economies will only […]

Industry Associations, Republicans in Congress Take Action Against NLRB Move

Mar 17th, 2015

Senator

-+*Congress wants unions—and the president of the United States—to understand its discontent with a recent proposal to change a National Labor Relations Board (NLRB) rule regarding union-organizing elections. According to the Wall Street Journal, the NLRB proposal “streamlines the process by which workers vote on whether to join a union. The rule allows certain documents […]

Homebuilders’ Confidence Falls in March

Mar 16th, 2015

NAHB chief economist David Crowe expects the housing market to pick up in 2015.

-+*Homebuilders’ confidence in the single-family housing market slipped in March, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), which came out on Monday. The index dropped two points to 53, the third month in a row it’s fallen. “The drop in builder confidence is largely attributable to supply chain […]

This New Energy-Efficient Window Technology Shows Potential

Mar 13th, 2015

The New Visual Media Group's ElectroPolymeric Display (EPD) technology at work.

-+*A company in Eatontown, N.J., is pioneering a dynamic window technology that promises a high level of energy efficiency at a relatively low cost. Elliott Schlam, the principal of New Visual Media Group, says his firm has come up with a new take on the traditional window shade – a super-thin sheet of polymer film […]

Ply Gem’s Fourth-Quarter Earnings Tumble

Mar 12th, 2015

plygem

-+*Ply Gem Holdings’ acquisition of Simonton Windows last fall helped boost sales by 35 percent in the fourth quarter of 2014, but costs associated with the deal were a drag on the company’s earnings. The Cary, N.C.-based manufacturer of doors, windows and siding reported a fourth-quarter loss of $12.5 million, or 18 cents per share. […]

Upsizing: Minnkota Windows Begins Operations in New Facility

Mar 10th, 2015

walking window

-+*Minnkota Windows Inc. has broken new ground recently. On Monday, the company produced its first window in its new 78,000-square-foot manufacturing facility after being shut down last week to move equipment and offices from Fargo, N.D., to West Fargo. “Needless to say, we are very excited about this move,” says general manager Brad Bushaw. “This […]

Swiss Takeover Board Decides in Favor of Burkard Family

Mar 9th, 2015

SIKA

-+*The Swiss Takeover Board has ruled that the Burkard family, which owns Schenker Winkler Holding AG, can sell its interest in Swiss chemical company Sika AG to French conglomerate Saint-Gobain. “The Takeover Board has determined that the opting-out clause of Sika is valid,” according to the Swiss board’s decision. The decision means the Burkard family […]

Congress Considers Law Protecting Dealers from “Unfair Lawsuits”

Mar 6th, 2015

800px-Broken_window_(разбитое_окно)

-+*Republican House members have introduced a bill to protect dealers from what they call “unfair product liability lawsuits.” The National Lumber and Building Material Dealers Association (NLBMDA) is backing Rep. Blake Farenthold (R-Texas) for reintroducing a bill the association previously promoted called the Innocent Sellers Fairness Act (H.R. 1199). The bill protects from liability those […]

Atis Sold to Investment Group

Mar 5th, 2015

walking window

-+*Atis Group is switching hands from one investment group to another. Cleveland-based
 Cyprium Partners has sold the Canadian door and window manufacturer to a Quebec-based investment group led by Fonds de solidarite FTQ, Capital regional et cooperative Desjardins and Fondaction CSN. Atis, headquartered in Longueuil, Quebec, has nine manufacturing facilities and more than 1,400 employees […]

Saint-Gobain Says Commitment to Acquire Sika is “Irrevocable”

Mar 3rd, 2015

SIKA

-+*In a PowerPoint presentation covering 2014 full-year financials, French conglomerate Saint-Gobain’s management says its “commitment is irrevocable” to acquire a controlling interest in Swiss specialty chemical company Sika AG. “Consequently, we hope that those members of Sika’s management team who currently oppose the transaction will rethink their position and the radical steps they have taken […]