Published on April 22nd, 2016 | By: April Gocha0
Ceramic and glass business news of the weekPublished on April 22nd, 2016 | By: April Gocha
Advanced manufacturing has profound implications for the future of work, as well. Yet innovation doesn’t just bring disruption, but also opportunity—for industries and workers. A study by GE and Oxford Economics suggests that advanced manufacturing jobs are higher-paying and support a greater number of jobs in the supply chain.
Alcoa announced that Alcoa World Alumina and Chemicals has secured multiple bauxite supply contracts valued at more than $350 million over the next two years. Under the contracts, the company will supply bauxite to external customers from three of its global mines as it continues to successfully build its third-party bauxite business. The new contracts cover customers in China, Europe, and Brazil.
Guardian Glass North America introduced Guardian UltraClear glass, a low-iron product that delivers maximum clarity and color neutrality without the green tint of standard glass. Fabricated, laminated, and heat-treated like standard float glass, UltraClear glass elevates the performance and aesthetics of a wide range of glass products.
On Wednesday, Faraday Future will officially break ground on its $1 billion electric vehicle factory outside Las Vegas. The Las Vegas Review-Journal recently reported that the nascent automaker also spent more than $1.6 million in the past two months to expand its footprint at the North Las Vegas industrial park that will host its first factory.
Air Products announced it has been awarded a long-term contract by JCET STATS ChipPAC Korea Ltd., a leading semiconductor packaging and test services provider, to supply tonnage quantities of nitrogen to its new production facility in Incheon, South Korea. Air Products will build, own and operate a new on-site nitrogen plant, which is expected to come onstream in 2016.
Clear-cut regulations, minimal bureaucracy, and above all a market enjoying double-digit growth: these are the reasons why some of the biggest international ceramic groups have opened their own subsidiaries in Tennessee, home to the largest ceramic manufacturing district in the US. As of today, they can also count on assistance from the latest Sacmi USA branch, located in the town of Brentwood.
Owens-Illinois Inc. announced that the annulment committee formed by the World Bank’s International Centre for Settlement of Investment Disputes ruled that a subsidiary of the Company is free to pursue the enforcement of a prior arbitration award against the Bolivarian Republic of Venezuela. That award amounts to more than $485 million.
Morgan Advanced Materials, an industry-leading specialist in the design and manufacture of sensing technology solutions, now has the capability to develop gas flow transducers which remain accurate in harsh environments subject to extreme temperatures and the presence of highly corrosive chemicals.
CeraMaterials (Port Jervis, N.Y.) have signed on William G. Montgomery Ltd. as its representatives for Canada, focused on expanding the customer base in the Canadian heat treat industry. “Gord” Montgomery and his son Jordan publish “The Monty” heat treat news and are well known in the heat treat industry in Canada as well as around the world.
L&L Special Furnace Co. Inc. has delivered a floor standing dual chamber box furnace to an aircraft maintenance repair and overhaul station in Oklahoma. The furnace has a top chamber used for heat treatments of various steels and alloys up to 2,200°F and a bottom tempering chamber that can be used to draw various steels as well as for aluminum thermal processing.
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