Oldcastle Glass(R) has reached 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, M…
Oldcastle Glass(R) has reached 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 2008. 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 its 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). Oldcastle Glass(R) is the largest North American supplier of Building Envelope Solutions to the architectural and commercial glazing communities, including custom-engineered curtain wall, high-performance and custom-fabricated architectural glass, architectural windows, skylights, and storefronts and doors.