The week's business headlines
Nippon deal bodes well for Pilkington, analyst says
Richard Lambert, chief of CBI, a business lobbying organization in Britain, says United Kingdom glassmaker Pilkington will benefit from its recent takeover by Nippon Sheet Glass of Japan, according to a July 20 article from icLiverpool… read more
C.R. Laurence completes construction of Illinois facility
Officials from Los Angeles-based C.R. Laurence Co. announced the opening of a warehouse and distribution facility in Elgin, Ill., according to a July 20 company release… read more
Regional lumber company buys Pennsylvania glazier
Uniontown, Pa.-based O.C. Cluss Lumber Co. bought Fox Glass Co., also of Uniontown, according to a July 19 article from the city’s Herald Standard.
Officials from O.C. Cluss Lumber say they want to expand Fox into a multistate company, according to the article… read more
New Zealand glass manufacturer sells for $350 million
Three executives from New Zealand’s Metropolitan Glass will receive about $116 million each following the sale of the company to the Australian firm Catalyst Investment Managers earlier this month, according to a July 19 article from The New Zealand Herald.
The 20-year-old glass company produces insulating, toughened, heat-tempered and laminated glass, according to the article… read more