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The court-appointed receiver in charge of the idled Glenshaw Glass Co. yesterday said she is in discussions with two active potential buyers, both of whom are analyzing the operation before deciding whether to make a commitment.
Analyst Lalita Gupta of Morgan Stanley maintains her "underweight" rating on Nippon Sheet Glass Corporation. The target price is set to ¥330.In a research note published this morning, the analyst mentions that the company has recently…
IT WAS invented in a top-secret wooden shed on Merseyside, and it changed the world.Now float glass has joined the Harrier jump jet, Rolls Royce's revolutionary jet engine and the Thames Barrier, as one of the wonders of 20th century British…
As workers drained the remaining molten glass from the tanks at Glenshaw Glass Co. Tuesday, a glimmer of hope emerged for the plant's more than 300 employees as a new potential buyer surfaced, said the court-appointed receiver.
In 1964, when the World's Fair came to Queens, America was gazing straight up - at the moon, at outer space, at ambitions bounded only by the Milky Way.
Retired Anchor Glass Container Corp. employees learned Monday that they will keep their pensions now that the company has shuttered its local plant, but the news wasn't as good for those age 50 to 55.
Workers at 109-year-old Glenshaw Glass Co. in Shaler on Monday held out faint hope that a buyer could still be found to keep the plant operating -- even as the last glass bottles rolled off the production lines and workers prepared to drain the…
In a seminar, held on the 21st November at the Dubai Chamber of Commerce, that coincided with the prestigious Big 5 show, Mr.
China's largest auto glass manufacturer Fuyao Glass Industry Group Co Ltd launched a new float glass product line on Friday, which is expected to help ease the nation's dependence on importing float glass, a kind of glass that is perfectly…
Car prowlers and burglars often break glass to commit their crimes. They now face a new challenge."We can throw rocks at it."Mark Fresh with Patriot Security Consultants demonstrated how a sheet of plastic laminate can beef up an ordinary…
Ray Isherwood walked out of high school and followed his father into Glenshaw Glass Co. 30 years ago.
Owens-Brockway Glass Container Inc., an indirect wholly owned subsidiary of Owens-Illinois, Inc., announced that it intends to offer, subject to market and other conditions, $650 million aggregate principal amount of senior notes due 2014…
Asahi India Glass says that profitability in the first half was due to one-time events, and will not be repeated. Asahi India Glass is the largest supplier of automotive glass to the auto industry.
SunPower Corp., a subsidiary of Cypress Semiconductor Corp. announced completion of the first Building Integrated PhotoVoltaic (BIPV) system using its A-300 high efficiency solar cells.
Dubai-based quality glass producer, Emirates Glass has won the largest single glass supply contract ever, which will go far to further cement its already established reputation as the single most prominent company in the entire regional glass…
Glenshaw Glass Co., a venerable, 109-year-old maker of glass bottles, will shut down its furnaces Monday and put more than 300 employees out of work after frenetic attempts to find a buyer for the struggling plant came up short, a court-appointed…
Pilkington North America waited more than two months in late 2002 to tell a Naplate couple their property contained elevated levels of arsenic and sought personal information about them during the interim, an official with the glass manufacturer…
Spanish glass manufacturer Vidrala SA said Thursday it will pay euro138.2 million ($189 million) for two European production plants of Owens-Illinois Inc. of the United States.
Glass-substrate demand from Taiwan-based panel makers will account for 45% of global demand in 2006, outpacing the 35% demand from South Korea and 17% from Japan, according to James P.
One of the country's largest insurance companies has a new way to save as much as 15 percent on auto insurance. A new program offered by State Farm will give people the chance to get a premium discount, beginning December 1st.
Owens-Illinois, Inc. (NYSE: OI) ("Owens-Illinois") announced today that it commenced a cash tender offer for any and all of its outstanding 7.15% Senior Notes due 2005 (the "7.15% Notes") in the aggregate principal amount of $350…
At the end of 2004 there will be a change in the CEO position of the Sefar Group. After 13 years in office Dr. Fritz Schaer will step down as CEO, remaining available for special tasks afterwards.
Glaverbel recently became the first company to launch a soft-coated glass on the European market that reduces solar energy levels entering buildings in the summer and also reduces heat loss in winter.
Glass that uses daylight to keep itself clean is one of the finalists for the coveted MacRobert engineering award. Pilkington Activ glass is covered in a very thin coating of microcrystalline titanium dioxide which breaks down dirt when the sun…
The Anchor Glass Container Corp. building in South Connellsville where more than 300 workers were laid off nearly two weeks ago will sit empty for now.