Displaying posts tagged with

“Vitro”

Jumbo Tentacles

While jumbo glass has been around for a while now, the number of companies that manufacture it has increased rapidly. You’ll see offerings from so many companies that I bet within the next five years jumbo won’t be jumbo anymore; it will just be one of many glass sizes available. These new sizes are serving as the impetus for new products and variations of current ones in a variety of related fields. Specifically: 1. Jumbo coated glass: While jumbo glass gains in usage and popularity, so will its ability to be coated with a variety of coatings. Vitro’s new high-performance magnetron sputtered vacuum deposition coater debuted last month in Wichita… Read More »

Bye Bye Pittsburgh

And now it’s done and the word is out. The deal that sells PPG’s glass business to Vitro has been inked and the details announced. All that waits is the blessing of the regulators and the official closing in a few months. PPG gets $750 million dollars in cash and relief from a business it says is successful, but not strategically compatible with its future. Vitro gets a $1.1 billion business for a good bit less than that, a strengthened foot- and plant-print in North America and a robust and innovative research component. Just two days after the deal was announced, editors Ellen Rogers, Nick St. Denis and I conducted… Read More »

Songs of Angry Men

As has been the case almost all this year, the news just keeps coming and today there is something for everyone. As you might know, our company publishes a number of magazines concerning glass and we have a breaking story in almost every one. So here’s my take on a few of them: 1. To Thine Own Self be Trulite (USGlass magazine)—Sun Capital announced the highly anticipated new name for the trinity of  Arch-UGC-ACI Products (Vitro America’s new name). Which name emerged victorious? None of the above. The company’s new name is Trulite, which is actually an old name that Arch Aluminum acquired when it purchased a company of that… Read More »

Odds Are

The recent purchase of Vitro America’s assets by Sun Capital got me to thinking about Mickey Binswanger the other day. He was winding down his career about the time I got into the glass industry. Even at that young age, it was easy to recognize what a powerful force he, his family and his company were in the glass industry. So I figure he would be wondering right about now: What’s going to happen to Binswanger? For now, let me just focus on Binswanger the retailer and save the distribution company ACI for another time. Primarily a nationwide chain of auto and flat glass retail locations, Binswanger has particular strength… Read More »

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