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Arch Aluminum & Glass has announced it has begun production of decorative silk-screened glass at its Orlando, FL glass fabrication facility. The company is manufacturing the new product in standard or custom patterns.
Nippon Sheet Glass, a large Japanese manufacturer, has increased its holding in Pilkington, the UK glass group, from 10 to 21 per cent over the past fortnight, but has ruled out mounting a full bid.
Shares in Pilkington PLC lost ground in weak midmorning trade, in the wake of a ratings downgrade from Goldman Sachs, which blamed a deteriorating earnings climate for their move, dealers said.