It’s Round-Up Time
This is number two. Numero dos. This is my penultimate blog of the year and I am taking a look back at the biggest industry stories of the year.
Today, I am focusing on news events in the past six months that have long-term ramifications for the industry. I have even included a category called “stories with legs” for stories about glass that grow legs beyond the glass industry and into the mainstream consumer press. Here is a brief look at the last six months:
Bankruptcies: Dlubak Inc. in early August.
Mergers and acquisitions: The acquisition of said Dlubak by Grey Mountain after quite a bidding war, Apogee’s acquisition of Alumicor, Safelite’s acquisition of Guardian’s auto glass retail and network operations, the purchase of the contract glazing company Benson Industries by MiTek, the acquisition of DuPont’s laminating division by Kuraray, the purchase of Architectural Testing by Intertek, the merger of Coastal Glass Distributors with Aldora, and the acquisition of Door Control Inc. by Dorma.
Retirements: Bob Lawrence of Cristacurva.
Expansions: New plants from AGC in Mexico and at its fabrication location in Atlanta, expansions by Pulp Studio in Los Angeles and by Linetec.
Deaths: Long-time industry veterans Greg Carney and John Turnbull, glass company owners Jim Dwyer of Syracuse Glass and Arthur Balik of General Glass International.
Stories with “Legs:” The case of the breaking balcony glass in Toronto, the little town in Norway that added a giant mirror so it would be graced with some sunlight, and the glass on a London building that reflected so much light and heat that it bent the metal on cars.
Story to watch: The move by Attila Arian to Schuco. Watch Schuco expand its footprint in the U.S. in the next 24 months.
That’s all for now, more next week.