October 25, 2014 1:02 PM ET

Construction Materials

Company Overview of Guardian Industries Corp.

Company Overview

Guardian Industries Corp. manufacturers float glass, fabricated glass products, and fiberglass insulation products. It offers glass for commercial, residential, interiors, automotive, energy/solar, architectural, and technical glass industry segments; and float and value-added coated glass-products, such as tempered glass, low-emissivity glass, mirrored and patterned glass, solar glass and insulating and reflective glass for a range of construction projects. The company also offers automotive glass, windshields, rain and light sensors, side glass/backlites/liftgates, sunroofs, solar management glass, and flush fit sliders; and automotive aftermarket products, such as auto glass for auto glas...

2300 Harmon Road

Auburn Hills, MI 48326-1714

United States

Founded in 1932

Phone:

248-340-1800

Fax:

248-340-9988

Key Executives for Guardian Industries Corp.

President and Chief Executive Officer
Chief Financial Officer
Glass Group President
General Counsel
Vice President of Science and Technology
Compensation as of Fiscal Year 2014.

Guardian Industries Corp. Key Developments

Guardian Industries Announces New Commercial Low-E Glass Product

Guardian Industries Corp. has announced SunGuard SNX 51/23, a commercial low-E glass product with visible light transmission, or VLT, above 50% and a solar heat gain coefficient below 0.25, in a standard insulated glass unit. The newest addition to the Guardian SunGuard portfolio of high performance, low-E glass, triple silver SunGuard SNX 51/23 has the high visible light transmission in its class, low reflectivity and a neutral blue appearance. The glass is designed to meet the most stringent energy codes in North America without sacrificing appearance. SunGuard SNX 51/23 is more neutral blue in appearance, compared to other triple silver low-E coatings, giving architects and designers a brand new option to reduce energy costs. SNX 51/23 is produced at Guardian's Dewitt, Iowa float glass plant. It is available on clear, green, UltraWhite, CrystalGray, gray and TwilightGreen substrates, in both annealed and heat treatable versions.

Intermolecular, Inc. and Guardian Industries Expand Collaboration and Strategic IP Licensing Agreement

Intermolecular, Inc. and Guardian Industries announced the expansion and extension of their collaborative development program and strategic IP licensing agreement. The contract extension announced provides for an immediate increase in resources to be deployed at Intermolecular by both companies. The parties expect to be able to significantly increase the number of new products that will be developed and commercialized resulting from the collaboration through 2017. Under the contract extension, an expanded Guardian and Intermolecular team will work full-time on both sputtered and liquid coatings at Intermolecular's technology development center in San Jose, CA.

Intermolecular, Inc. Amended Two Collaborative Development Program Agreements with Guardian Industries Corp

On December 30, 2013, Intermolecular, Inc. amended two collaborative development program (CDP) agreements that the company had previously entered into with Guardian Industries Corp. Intermolecular, Inc. entered into first CDP agreement with Guardian in February 2010 to collaborate on research and development tasks relating to liquid coatings for flat glass. Intermolecular, Inc. entered into second CDP agreement with Guardian in July 2010 to collaborate on research and development tasks relating to sputtered coatings for flat glass. Prior to this amendment, the agreements were amended effective January 1, 2012 (first amendment). This most recent amendment is effective as of December 31, 2013, and as amended, the period of development activities under the company's CDPs with Guardian will be extended for one month through January 31, 2014 (interim extension period), with Guardian paying Intermolecular, Inc. the same monthly fee for the company's resources as agreed by the parties in the first amendment. The development activity under both agreements will end on January 31, 2014, unless extended by mutual agreement. The parties are in negotiations to finalize the terms of an extension for both CDPs beyond the Interim Extension Period. However, there is no assurance that such a transaction will be consummated.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 16, 2014
Guardian Automotive Products, Inc. and Guardian Automotive-E S.A.
Merger/Acquisition
December 2, 2013
Guardian Auto Glass LLC
 

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