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Published on July 8th, 2016 | By: April Gocha


Ceramic and glass business news of the week

Published on July 8th, 2016 | By: April Gocha


NIST launches competition for manufacturing centers in 11 states

NIST has launched the fourth round of competitions to award new cooperative funding agreements for centers in 11 states. NIST anticipates it will fund nearly $60 million over five years to organizations that will operate centers in Delaware, Hawaii, Iowa, Kansas, Maine, Mississippi, New Mexico, Nevada, North Dakota, South Carolina, and Wyoming.


Amedica announces pricing of $11M public offering

Amedica Corporation, a company that develops and commercializes silicon nitride ceramics, today announced the pricing of an underwritten public offering of units for gross proceeds of $11 million, prior to deducting underwriting discounts and commissions and offering expenses payable by Amedica.


Kyocera to streamline US management structure

Kyocera International Inc. announced a reorganization that will streamline major elements of its U.S. management structure, effective July 1, 2016. Under the new structure, San Diego-based Kyocera International Inc. will absorb four of its wholly-owned subsidiaries and will operate their existing businesses as a single enterprise.


Fuyao thrives two years after plant purchase

Fuyao Glass America’s plant in Moraine has taken a dramatic transformation in the past two years—fueled by nearly half a billion dollars of global investment that will allow it to create the glass for one in four cars on North American roads.


European development bank acquires stake in recycling arm of Turkish glass maker

The European Bank for Reconstruction and Development has said it acquired a minority stake in the recycling arm of Turkish glass producer Şişecam, in a move to help Turkey increase its glass recycling rate and boost its circular economy, in a written statement on June 28.


Tesla starts tapping into tax credits for battery factory

Electric carmaker Tesla has received and sold about $20 million in transferrable tax credits from the state, marking some of the company’s first moves to tap into a $1.3 billion incentive package that lured a massive battery factory to northern Nevada.


Corning Museum of Glass Contemporary Art + Design Wing celebrates LEED certification

Walking into the Contemporary Art + Design Wing, it’s clear that the building was very thoughtfully designed with stark-white, curved walls, and more than 900 skylights. The U.S. Green Building Council has now recognized the wing for its environmentally-conscious efforts through LEED Silver Certification.


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