After a pretty mellow summer news wise, the last few weeks
have really kicked in with a lot of movement, good and bad, within our
industry. I knew it was just a matter of time before a lot of these maneuvers
would hit and I do not believe we’re done in this cycle just yet. I see a few more pieces in play as I think
the climate is ripe for more acquisitions. Think about it, for many players
2013 has been good and the appetite for more is growing. These players are not worried about survival
they either want growth or they want to add positive pieces to mask negative
ones they may already own. Match that
with the desire of some business owners to exit at a higher point than where
they were 2 years ago, and I think the ingredients are in place. Mix in the industry all getting together at
GlassBuild America next month and you have your recipe for a lot more action on
the horizon. Stay tuned.
Elsewhere...
-- I was extremely saddened over the passing of Jim Dwyer of
Syracuse Glass. Jim was a kind, classy,
professional man who did things the right way.
We as an industry surely lost a tremendous person and his family lost a
great leader. His lessons obviously were
not lost on son John, who remains one of the best guys in our industry
today. My thoughts and condolences go
out to the Dwyer family and everyone associated with Syracuse Glass during this
very sad time.
-- A reminder, the next Glass Management Institute session,
Macro Economic Inputs to Strategic Planning by Mark Silverberg is coming up
August 20th. I believe this
will be a tremendous course, especially given the landscape of our industry and
world. Who wouldn’t benefit from a
business forecasting session like this?
Go here to register now.
-- Funny mid-blog link- a skyscraper going up in Spain… and the
architects forgot the elevator… oops!
-- Last week I bashed LEED and received a comment on line at
the Glassblog site from the esteemed Mic Patterson of Enclos. Mic is one of those guys I truly admire; he
is always out and about and on top of the issues and is always persuasive with
his arguments. The comment he left would
fit that role. I love to bash LEED or
really anything that gets me frustrated because that is what I do, I stir the pot
and have been doing it since 2005.
(Though as many know I am more mellow now than I was back then!) Mic’s
approach though is the right one, measured and intelligent as always. Whether or not we can ever see that day where
our energies are rightfully placed is another story, but we can always
hope. Anyway, I thank you Mic for the
comment and for reading the blog. Very
much appreciated.
-- Last this week, another interview with a connection to
GlassBuild. One of the most popular
seminars at any event I am involved in is the legal one. So many different twists and turns are out
there and understanding the law and your rights is crucial. At GlassBuild, Rick Kalson, of Babst &
Calland out of Pittsburgh will be speaking.
Rick for years spoke at various industry events and I am thrilled he was
able to bring GlassBuild into his schedule.
He knows our world, whether you are a 2-man glass shop or a gigantic
corporation, Rick gets it.
Your seminar at
GlassBuild America looks to cover a lot of very important subjects; can you
give us a sneak preview of what the attendees will be hearing and learning
about?
My presentation
focuses on construction contracts which have become far more complex and
onerous in recent years. The ability to make a profit on a project is
often squandered before work even starts due to unfavorable contract clauses.
This construction law seminar will pragmatically present best practices
for having favorable terms and conditions included in the contract documents
while identifying key clauses regarding payment, indemnification and claims, to
avoid or negotiate. Finally, an invaluable contract review checklist will
be provided as part of the presentation for your future use, which should be
reason alone to attend this seminar.
You have spoken in
front of the glass and glazing industry many times in your respected
career. What makes this industry
interesting for you?
I have very
much enjoyed teaching and working with the glass industry over the last decade
largely due to the mutual respect between industry competitors. I am
constantly impressed by the high level of questions that I receive during and
after each construction law seminar that I have presented to members of the
glass industry and I look forward to the same at GlassBuild America
-- Thank you Rick- and folks if you have not signed up for
GlassBuild America, get online now to do so.
LINKS of the WEEK
-- Count me 100% supporting this- a national holiday for First
Responders.
-- Digital Detox. Nope,
not me. Though I do enjoy taking a few
minutes away…
-- Cool story on 96 year old holding her ground. She’s also from Wisconsin and you just don’t
mess with people from Wisconsin!!
VIDEO of the WEEK
NBC is taking over the broadcasts of soccer’s Premier League
and they did this very comical video of an American football coach taking over
a soccer team… classic stuff. Really
funny.
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