July 31, 2007 | Vol 2, Num 31
e-glass weekly, your weekly source for industry news and financial data
News to know
Nonresidential rating program tops NFRC agenda
Investment to reduce costs for Sage products
More top stories
Product spotlight
High design pressure windows and door
Financials
Business headlines
e-Poll
How do you expect the recent increase in minimum wage to affect your company?
Not at all
Minimally
Quite a bit

Last week's poll results: 
How familiar are you with the nonresidential component-based rating program (CMA) that NFRC is developing?

38.75%: Never heard of it

31.25%: I've heard of it, but don't know details

16.25%: I don't attend meetings, but I keep up with CMA news and updates

13.75%: I'm involved in the process and know it very well


Financials

Business headlines

Xinyi Glass to sell curtain wall business

Officials from Chinese glassmaker Xinyi Glass announced plans to sell the company’s subsidiary Xinyi Curtainwall Engineering (Shenzhen) Co., according to a July 24 release.

The sale will allow the company to focus on its float glass manufacturing business, and to avoid competing with curtain wall companies that also are its customers, officials said in the release.

“At the same time, we can effectively deploy available resources in further development of our core business, such as ultra clear photovoltaic glass, high performance low-E IG units and hurricane glass specialty products,” said Daniel Lau, managing director of Xinyi Glass America Development Inc., in the release.

Read more about the sale here.


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