October 24, 2006
Vol 1 | Num 20


Brought to you by the National Glass Association, publishers of Glass Magazine and www.GlassMagazine.net

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News to know
Glasstec opens in Germany
AAMA outlines potential changes to product certification program
Financials
Natural gas and diesel prices to fall this winter
The week's business headlines

e-Poll
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Parent(s) hanging on to roles and the "old way"
No accountability for family members in the company
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Sibling rivalry that yields opposing agendas











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Financials

The week's business headlines

Guardian float plant improvements required to meet California emissions cap
The $75 million renovation of the Kingsburg, Calif., float plant for Guardian Industries of Auburn Hills, Mich., will reduce greenhouse gas emission at the facility enough to meet California’s air emissions standards, according to an Oct. 20 article in the Fresno Bee. Improvements planned for the plant include replacement of the plant’s furnace and installation of pollution controls, according to the article … read more

Asahi India reports big gains in second quarter
Asahi India Glass, a subsidiary of Japan-based Asahi Glass Co., reported a 20 percent increase in revenue in the second quarter compared to the same period last year, according to an Oct. 20 posting on Nasdaq.com … read more

Cardinal opens Washington float facility
Operations have started at the Winlock, Wash., float glass plant for Cardinal Float Glass, part of the Eden Prairie, Minn.-based Cardinal Corp., according to an Oct. 17 report from Industrial Info Resources of Sugar Land, Texas … read more

Sales up 133 percent for Open Energy Corp.
Officials from Open Energy Corp. of Solana Beach, Calif., a solar-energy technology developer and distributor, announced that sales increased 133 percent to $356,000 for first quarter 2007, ended Aug. 31, according to an Oct. 19 company release. These figures compare to no revenue for first quarter a year ago and $153,000 for the entire fiscal year 2006 … read more

Solar-cell manufacturing to see large gains by 2010
Officials from Applied Materials of Santa Clara, Calif., predict that by 2010 several solar-cell manufacturers will be able to produce about 1,000 megawatts worth of solar cells annually per factory, according to an Oct. 17 article from CNet.com, part of CNet Networks Inc. of San Francisco. That equals the same electricity output as a coal or nuclear plant, according to the article … read more

Philippine government destroys substandard flat glass
The Philippine’s Bureau of Product Standards destroyed $1.3 million worth of uncertified products, including flat glass, as part of a government campaign against substandard products, according to an Oct. 17 article in the Manila Standard Today.

The bureau and the Department of Trade and Industry confiscated products from 57 establishments in key cities nationwide … read more

 

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