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Corning makes its money these days much the same way it has made money for more than 150 years--by making glass do incredible things.
China's demand for flat glass has grown at a fast pace in the past decade. In the next five years, both production and demand will continue to grow.
The UK's largest supplier of emergency glazing and household repairs yesterday boosted its business with a £6.5m deal.
Customers in Scotland and the North East of England stand to benefit from £2.8million investment at Pilkington Cumbernauld.
Where are the Americans? Thats what some of the analysts watching foreign companies snap up British companies are wondering.
On March 27, 2006, H.B. Fuller Company (NYSE:FUL) announced that it has entered into an asset purchase agreement with Henkel KGaA under which H.B.
Construction glass makers are lobbying the Government to suspend the licensing of new glass-making projects until 2010 amid concerns of an imminent surplus crisis in the domestic market.
Yahoo Asia reported that credit default swaps on Pilkington were volatile on Thursday amid speculation the British glassmaker's imminent takeover may prompt corporate action that cuts the value of its default protection.
Pilkington shareholders will vote in April on a formal offer by Nippon Sheet Glass (NSG) for the remaining 80 per cent of the shares in Pilkington they do not currently own.
Reuters report that Corning Inc. on Monday raised its forecast for growth in the glass market for flat panel displays, saying consumers are embracing high-end thin-screen TVs at a faster clip than previously expected.
Azobuild.com reported that the new Part F of the Building Regulations for Northern Ireland will come into effect in June 2006.
Italy's glass-manufacturing industry experienced a slight recovery in 2005, glass manufacturers professional association ANFAO announced in an official statement issued today.
Nippon Sheet Glass Co. said the potential benefits of its planned 616 billion yen acquisition of Britain's Pilkington Plc far outweigh the risks.
Union leaders are considering legal action against Pilkington, claiming the company failed to consult with its workers before agreeing to a £2.2bn takeover by Nippon Sheet Glass.
Staff at Swansea's Pilkington Glass have been reassured that their jobs are not at risk. The UK glass king, based in St Helens, Lancashire, is the latest in a string of British companies to be sold to foreign investors.
The contribution to business success in the shape of technology comes in many forms. For Pilkington it came with the help of a washing up bowl.Alastair Pilkington, then technical director of the "family" business, conceived the idea of…
Nippon Sheet Glass Co. announced Monday it agreed to acquire 80 percent of British glassmaker Pilkington plc in a strategy to expand its global production capacity.
Nippon Sheet Glass Co. said Monday that it will acquire the 80 percent stake it doesn't have of Britain's Pilkington PLC in a deal worth 358.5 billion yen (US$3 billion; euro2.6 billion).
The rapid growth of the European subsidiary witnessed at Edgetech over the past months is set to continue in the new year.
Pilkington's chairman, Sir Nigel Rudd, stands to make £4.25m if, as expected, Japan's Nippon Sheet Glass returns with an agreed £2.2bn takeover offer this month.
According to a soon-to-be-released and updated technical market research report, worldwide sales of advanced glass and ceramics reached $11.1 billion in 2005 and are expected to reach $17.6 billion in 2010, an average annual growth rate of 7.3%.
Saint-Gobain, a Paris based global glass gaint, has accorded India as top priority zone in all its business ventures in Asia over the next five years, Jean Louis Beffa, chairman and chief executive officer has said.
Dresdner Kleinwort Wasserstein ups Pilkington (PILK.LN) to hold from sell, raises target price to 163p from 140p due to ongoing takeover discussions and following a sector re-rating.
The Mainz-based technology company SCHOTT AG has further expanded its activities in the market for flat panel display glass with a foundation stone ceremony in Jena, Germany.