Business News

Oldcastle Glass(R) Sells Translucent Business

Thursday 10. July 2008 - Unifies Curtain Wall Products Under A New Brand

Oldcastle Glass(R) has reached an agreement to sell its translucent wall and skylight business to Major Industries, a market leader in the translucent daylighting industry. Under the terms of the sale, Major Industries will assume the translucent wall and skylight backlog, and provide warranty support for existing installations. The sale is expected to close by the end of July.

The sale will allow Oldcastle Glass(R) Engineered Products to focus on custom-engineered curtain wall, storefronts, architectural windows and skylights, which are key engineered products used to close the building envelope. Oldcastle Glass(R) will market their curtain wall products under a new brand, Oldcastle Glass(R) Skywall(R).

“Through recent acquisitions, we have become a market leader in custom-engineered curtain wall and have assembled a comprehensive range of best-in-class products. Oldcastle Glass(R) Skywall(R) is the brand for our integrated, custom-engineered curtain wall systems to close the building envelope,” said Ted Hathaway, CEO, Oldcastle Glass(R).