Which Industry-Related Companies Made the Fortune 500 Cut?

Jun 19th, 2015

Fortune 500

The 61st Fortune 500 list was recently released, with the 500 companies accounting for $12.5 trillion in revenues, $945 billion in profits and 26.8 million employees. Among them are a handful of glass and glazing industry-related companies. 3M, which recorded $31.8 billion in revenues and $5 billion in profits last fiscal year, moved up a few […]

PPI Report: Flat Glass Prices Level Out in May

Jun 19th, 2015

Flat glass prices edged down 0.1 percent in May, following a 1.1-percent dip in April and a 0.8-percent spike in March, according to the latest Producer Price Index Report (PPI) issued by the U.S. Labor Department. The PPI program measures the average change over time in the selling prices received by domestic producers for their output, according […]

Transportation Drives Conversation at NWDA

Jun 18th, 2015

Photo: Maverick Transportation

North America encompasses countless industries and markets, all with their own unique challenges. But most of them share one concern that affects everything from the early stages of production to the end user’s ability to use the product: transportation. That was a topic of discussion this week during the Northeast Window & Door Association’s (NWDA) […]

AAMA Updates Sealing Specifications

Jun 18th, 2015

AAMA House

The specification regarding water-resistant seals used in renovations is getting a renovation of its own. The American Architectural Manufacturers Association (AAMA) has updated and released a document specifying performance requirements for liquid applied flashing used to provide seals around exterior wall openings in buildings that includes doors and windows. The spec, named AAMA 714-15, was […]

At NWDA, The Arrows are Pointing Up

Jun 16th, 2015

IMG_2666

Growth was the buzzword at the summer meeting of the Northeast Window and Door Association (NWDA), held this week at the Minerals at Crystal Springs Resort in Vernon, N.J.  NWDA president Steve Chen of Crystal Window and Door Systems kicked off the meeting with a brief presentation on the state of the organization. He said […]

Masonite May Sell Its French Door Business

Jun 16th, 2015

Paris wants to reclaim its French doors. Tampa, Fla.-based Masonite International Corp. has received a binding offer from Paris-based investment firm Perceva to sell its French door business Premdor S.A.S. The company has agreed with Perceva to an exclusivity period related to the potential sale. The sale is subject to customary conditions including receipt of […]

Stock Building Supply and BMC Merge to Form a New Entity

Jun 16th, 2015

Two large building supply companies think they can do it better together. Stock Building Supply Holdings Inc. and Building Materials Holding Corp. (BMC), have signed a definitive merger agreement under which the two companies will combine in an all-stock transaction. The combined company is expected to have an implied pro forma enterprise value of $1.5 billion based on Stock Building […]

Pella Expands to Offer Garage Doors

Jun 16th, 2015

After years of supplying the residential door and window market, Pella is stepping into new territory. The Pella, Iowa-based company will now offer more than 300 styles of garage doors, available at Lowe’s and select independent dealers. “By extending our brand to include garage doors, we now offer our customers even more options,” says Stan […]

Housing Starts Drop in May

Jun 16th, 2015

Housing starts in the U.S. dropped 11.1 percent to a seasonally adjusted annual rate of 1.036 million units in May from an upwardly revised April reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Overall permit issuance rose 11.8 percent to a rate of 1.275 […]

Builders FirstSource Stock is Getting Bought Up Again

Jun 15th, 2015

Once they took the ProBuild plunge, shares soared. Two months ago, when Builders FirstSource acquired Denver-based ProBuild Holdings, investors pounced on the opportunity to have a stake in the company. Now, many experts are saying the BLDR stock is still “enough of a bargain to be worth buying,” according to a company statement. One sign […]