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Jeld-Wen Investors Reach $13.5 Million Settlement in AntiTrust Case

Jeld-Wen Inc. shareholders have reached a $13.5 million settlement with the company's board of directors and upper management over alleged insider trading and antitrust violations. 

The National Glass Association Outlines Impacts of The Inflation Reduction Act of 2022

National Glass Association applauds the signing of the Inflation Reduction Act of 2022 today, August 16, 2022, by President Biden. Most notable to the glazing and glass building products industry, the bill provides almost $400 billion to fund energy and climate projects aimed at reducing carbon…

Delays, Freight Rate Hikes Likely as Ukraine War Disrupts Shipping Operations

The key port cities Odessa and Mariupol in Ukraine have suspended most operations, leaving over 1,000 commercial sailors unable to move cargo containers through the Kerch Straight and the Black Sea. The glass manufacturing and other commercial construction industry sectors that rely on Eastern…

AGC to Sell North American Architectural Glass Business to Cardinal Glass Industries

Officials from AGC Inc. announced the company will sell its North American architectural glass business to Cardinal Glass Industries, according to a June 15 AGC release. The $450 million deal is subject to the approval of the related authorities, and the earliest closing would be July 2021,…