The Biden Administration released an update regarding the state of the building industry in the wake of the COVID-19 pandemic and the economic crisis that…
Ukraine
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A Look at the Top Ten Stories From 2022
Workplace incidents, shop closures, the impacts of the war in Ukraine and no shortage of lawsuits made for an exciting, yet at times solemn, year…
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Guardian Glass Sells Plants in Russia
Guardian Glass has sold its business in Russia, which included two glass plants employing approximately 600 people. The purchaser is a private enterprise in the…
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Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation
The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse…
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REHAU Group Sells Business in Russia
After announcing in March that it would scale down its operations in Russia in a controlled manner, REHAU Group will now sell its business in…
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Koch Industries to Close Glass Plants in Russia
Koch Industries, the parent company of Guardian Glass, is calling for employees to shut down its two glass plants in Russia as a number of…
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United States, EU Throw Weight Behind Sanctions
Financial sanctions have dealt a “pretty significant blow” to Russia, says Isabelle Icso, director of international policy at the U.S. Chamber of Commerce in Washington,…
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VELUX Group Permanently Closes its Operations in Russia and Belarus
VELUX Group recently announced that it has decided to permanently close its operations in Russia and Belarus. The decision follows the company’s suspension of all…
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Koch Responds: Here’s why it’s not Shutting Down its Russian Float Lines
Two weeks ago, Koch Industries president and COO Dave Robertson was criticized by a number of mainstream media outlets for stating the company was not…
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Supply Chain Nightmares
Just when you thought the supply chain nightmare was starting to let up, a war breaks out in Ukraine. With the recent economic sanctions being…