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THE K&BZINE ISSUE 62 30th July 2004
Maytag
Reports Lower Sales in Q2, Compounded by Litigation and Restructuring
Charges
Maytag has reported second quarter consolidated sales of $1.15bn, down
1 percent from $1.16bn in the same period of 2003. Lower Hoover floor
care sales as well as higher material costs and lower burden absorption
negatively affected reported results compared with prior year. Also impacting
second quarter results were contingent liabilities recorded for pending
litigation, restructuring charges, and a goodwill impairment charge. Reported
net loss for the second quarter of 2004 was $41.1m, compared with net
income of $25.2m in 2003.
[More
on this Story]
G&G
Drawer Interiors – Limited Only by Imagination
A
noticeable trend is emerging – many major kitchen manufacturers are
advertising their products with detailed images of drawer interiors meticulously
organised to store specific products and items.
[More
on this Story]
Lofra
Unveils its Latest Innovation in Insulation
Italian
cooker manufacturer, Lofra, has developed a new application for its insulation
material which has resulted in an increase in the volume of its ovens.
Lofra has replaced its original insulation with a thinner material which
is not only more energy efficient, but makes the capacity of its ovens
approximately 10 per cent larger than other ovens with the same dimensions.
[More
on this Story]
Lighting
Solutions from East Coast Fittings
Supplier
and distributor of quality furniture fittings and components, East Coast
Fittings, is able to offer state-of-the-art cabinet and other furniture
lighting for kitchen and bedrooms.
[More
on this Story]
Herbert
Direct - Passion for Detail
John
and Sharon Herbert have great enthusiasm when it comes to supplying beautifully
finished high quality furniture accessories for kitchens, bedrooms and
bathrooms and have recently launched a new company, Herbert Direct.
[More
on this Story]
One
Style, One Brand - The Stoves Design Process
Stoves
Product Design Manager, Ian Johnstone, explains the thinking behind Stoves
new built-in collection: ‘We had three clear aims when it came to
developing the new-look Stoves built-in range. Attention to detail, ease
of use and ease of cleaning were all at the very top of our list.
[More
on this Story]
Even
More LG from Lathams
After success selling its range of LG HI-MACS® Natural
Acrylic Stone™ solid surface worktops, James Latham Plc is increasing
its offering of LG products.
[More
on this Story]
J
& J Ormerod on Profit Track 100 List
Lancashire
kitchen and bedroom manufacturer J & J Ormerod PLC has won national
recognition. The Rossendale-based company has been listed on the Sunday
Times PricewaterhouseCoopers Profit Track 100. The table which lists 100
of the best performing companies in the UK.
[More
on this Story]
Hitachi
Capital Consumer Finance wins Kutchenhaus
Retail Credit Business
Kutchenhaus
has appointed Hitachi Capital Consumer Finance to provide retail credit
services for its recently launched UK business.
[More
on this Story]
Change
of Trading Style and Addresses for Loveridge
Tony
Loveridge Kitchens & Bathrooms is now known as Loveridge Kitchens
& Bathrooms and has moved to a new address in Atherstone.
[More
on this Story]
Smeg
Packs Kitchen Sinks into Kitchen Showcase 2004
Smeg
says it is almost unique in being an appliance manufacturer that also
manufactures its own sinks in three stainless steel finishes and has assembled
a range of twelve taps that in many cases share aesthetics with other
Smeg products, enabling a designer to achieve total co-ordination throughout
the kitchen.
[More
on this Story]
Bushboard
Displays New Additions at Kitchen Showcase
Bushboard
displayed its comprehensive collection of worktops and splashbacks at
this year's Kitchen Showcase. With new additions to its portfolio of Omega,
Odyssey and Prima brands, Bushboard is looking to actively target both
kitchen design studios, independent and multiple kitchen retailers and
property developers.
[More
on this Story]
Mirari
Worksurfaces by Quality Marble
Supplier
of natural stone surfaces for kitchens and bathrooms, Quality Marble,
supplied the visually dramatic worksurfaces for the Mirari stand at Kitchen
Showcase 2004.
[More
on this Story]
Kitchen
Alliance at Kitchen Showcase
Kitchen
Showcase 2004 is an exciting event for the Kitchen Alliance, providing
many of its members with the perfect opportunity to launch new products
into the marketplace.
[More
on this Story]
Alastair
Hendy & Mirari Provide Food for Thought at Kitchen Showcase 2004
This
year's Kitchen Showcase event saw the acclaimed food and lifestyle guru
Alastair Hendy sharing his expertise with visitors to the exhibition as
part of the Kitchen Clinic forum, held on the consumer day (Saturday July
3rd). Alastair appeared at the show as part of his ongoing partnership
with Mirari
[More
on this Story]
Parapan:
The New 'Wonder' Material for Kitchens and Bathrooms
High
gloss is big news in kitchens and bathrooms - the natural partner to the
sleek architectural look. 'But lacquer and other gloss finishes can be
very vulnerable to damage, so designers are increasingly using Parapan®
- a new solid gloss material, now available in the UK and shown at Kitchen
Showcase this year.
[More
on this Story]
MK
Kitchens Launches MK 7000 Calla High Gloss Lacquer at Kitchen Showcase
MK
Kitchens chose Showcase 2004 to launch its new programme MK 70000 Calla
High Gloss Lacquer. This new, tough lacquered finish will be avaiiable
in five standard colours and is also possible in the complete RAL colour
spectrum.
[More
on this Story]
Westin
Extraction Systems - Featured Hood - SP900 - as Shown in the Charles Yorke
Kitchen
The SP900 is part of the Synergy Built-in range from
Westin. This range of extraction systems has been specifically designed
for those kitchens with cookers or ranges sitting in chimney alcoves,
recesses, or a variety of other overhead furniture.
[More
on this Story]
Kitchen
Showcase and Masterclass a Success for Planit
Software
provider Planit International is delighted with the success of its recent
sponsorship of the Masterclass conference and the results from participating
at Kitchen Showcase recently.
[More
on this Story]
THE K&BZINE ISSUE 61 23rd July 2004
Nobia
Continues Sales and Profits Growth from UK Kitchen and Nordic Markets
Sales for the Swedish Nobia group continued to progress favourably in
the first half of this year, underpinned by continuing investments in
distribution channels and markets. Organic growth was 10% for the first
half-year and 12% for Q2.
[More
on this Story]
Big
Build-Up for Stoves Built-in Collection
Stoves
has unveiled a new collection of ovens, hobs and hoods, offering retailers
a total, coordinating built-in package for the modern kitchen. The launch
reveals a contemporary new look for the brand and marks the first phase
in a series of new product developments designed to reinforce Stoves’
premium position within the kitchen appliance sector.
[More
on this Story]
The
Two Marcos Head up Merloni in UK and Italy
Marco
Marini has been appointed Managing Director of Merloni Elettrodomestici
UK, following the promotion of Marco Milani to CEO of Merloni Elettrodomestici
Group in Italy. He is currently the UK operation's Chief Financial Officer.
[More
on this Story]
Whirlpool
Corporation Reports Record Second-Quarter Revenue; Strong Growth Fuels
Improved Earnings
Whirlpool
Corporation has announced second-quarter financial results, highlighted
by record second-quarter revenue and a 13% increase in earnings per share.
Second-quarter 2004 net earnings were $106m, or $1.53 per diluted share,
compared to $94m, or $1.35 per diluted share, in the same period last
year.
[More
on this Story]
Two
New Showrooms for In-toto
In-toto
has opened two new kitchen showrooms this summer. Ken Stanton is the franchisee
at In-toto, 34 High Street, Maidstone and Richard Lakeman has taken the
franchise for In-toto at 23 Peach Street, Wokingham.
[More
on this Story]
A
Greener Waste Management Process
In-Sink-Erator
is predicting a boom time for environmentally friendly waste disposal
options as councils up and down the country introduce compulsory recycling
schemes.
[More
on this Story]
Bathing
in an Eggshell Wins KBSA Design Award
The
KBSA award for the kitchen bathroom or bedroom has been won by a graduate
from Derby University who designed a stunning egg shell shower for this
year’s New Designers awards.
[More
on this Story]
Roman
Spreads its Wings with Dedicated Export Department
Roman
Ltd. has set up a dedicated Export Department to develop overseas sales.
Initially two specialists will cater for demand from as far away as New
Zealand, North America, South America, Middle East, Far East and all major
European Economies.
[More
on this Story]
SEB
Group Provisional First-Half Sales Show Return to Growth in Second Quarter
SEB
Group reports that first-half 2004 was marked by contrasting trends. After
a challenging first quarter, especially compared with the strong growth
in early 2003, sales generally improved in the second quarter
[More
on this Story]
The
Seta Towel Radiator Launched at Kitchen Showcase
Radiators
are important to kitchen design, from the deluxe aluminium galley to the
extended living area of a family home. A good radiator adds a helping
hand in the form of a towel rail, whilst looking as smart as any new appliance
or worktop. Bisque's Seta Towel Radiator is designed to be beautiful,
but also practical: it dries towels quickly, takes up very little space
and adds an element of ltalian style with its clean lines and robust columns.
[More
on this Story]
Get
into the Spirit of Entertaining
When
it comes to chilling beverages, the new GE Monogram wine chiller and beverage
centre are designed for those who love to entertain and display wine and
spirits. Consumers can easily showcase personal taste and confident sense
of style with these new models.
[More
on this Story]
UK
Launch of Lightweight Granite Worktops at the Kitchen Showcase 2004
Already
popular in the Netherlands and Germany, Reijnen International's range
of lightweight granite worktops was launched in the UK at the Kitchen
Showcase 2004. Exclusive to London-based lnside Matters, the range includes
worktops that weigh up to 75% less than conventional granite products.
[More
on this Story]
Blum
Dynamic Space - the Future of Kitchen Planning
If
you're still on your knees scrabbling around in the dark recesses of a
kitchen cupboard looking for a lost saucepan then Blum says that you seriously
need to catch up on what's happening in 21st century kitchen design.
[More
on this Story]
Now
Group Plc in Conjunction with Hotpoint Appliances and Getacore Worktops
The
Now Group stand featured its latest introduction to the Chic Kitchen Collection,
an Artic White High Gloss Vinyl PVC fascia with horizontal profiled edges,
and set off with long bar brushed steel handles. Chunky tall and base
unit sides add the finishing touches to Now Group's California kitchen.
[More
on this Story]
Hoover
Built-in Kitchen Appliances at Kitchen Showcase
Just
launched and on show for the first time at Kitchen Showcase were appliances
from the new Hoover Built-in range. Hoover has entered the built-in sector
with a comprehensive collection of co-ordinated cooking, cooling and home
laundry appliances.
[More
on this Story]
Hotpoint
Enhances Built-in Collection
Hotpoint's
built-in collection sees the introduction of some new appliances this
summer giving retailers a refreshed line-up to sell consumers.
[More
on this Story]
Candy
Plan Built-in Kitchen Appliances Kitchen Showcase
Candy
showed the Plan range of built-in appliances featuring flat-front styling.
Plan offers flexibility with a choice of double and single ovens, including
the new Pyrolytic self-cleaning multi-function model, cooker hoods, microwave
oven, dishwasher and seven hobs, including three new gas models that incorporate
value added design features.
[More
on this Story]
Zimmer
Küchen Rigid Kitchens at Kitchen Showcase
Zimmer
Kitchen rigid kitchens from Germany are exclusively available in the UK
from Waterline, which showcased kitchens from a new collection. Zimmer
uses diverse design elements - materials, shapes and colours - to create
textured, tailored design.
[More
on this Story]
THE K&BZINE ISSUE 60 16th July 2004
Wolseley
plc: Sales up 20%, Profits up 30%
Wolseley
plc, the world's largest specialist trade distributor of plumbing, heating
and building materials products has issued its regular trading statement
for the eleven months to 30th June 2004, prior to entering its close period.
After currency translation, group sales for the eleven months to 30th
June 2004 were up by more than 20% and trading profit up by more than
30%.
[More
on this Story]
Blum
Starts Production of Zero Protrusion Hinges
Blum’s
CLIP top zero protrusion hinge for larder units and cabinets with inner
pull-outs was first presented at the Interzum show in Cologne. The hinge
prevents open doors from protruding beyond the inside edge of the end
or wall panel so that the space inside can be put to optimal use. Following
extensive investment, Blum is now ready to initiate the serial production
of this special new hinge.
[More
on this Story]
Pretty
in Pink after Spectrum Kitchen Makeover
A
couple in the south of England had already purchased a SMEG refrigerator
in Cadillac Pink colour, and had managed to get a cooker supplied in the
same shade. However hard they tried, they could not purchase kitchen cabinets,
doors and drawer fronts in the same colour.
[More
on this Story]
Brandt
Offers Free Two Year Guarantee on all Built-in and Freestanding Products
Brandt,
the mid market appliance brand has launched a new consumer promotion -
a free two-year guarantee on all current built-in and freestanding products
until 31st August 2004.
[More
on this Story]
KBSA
Appoints New National Chair and Corporate Members Chair
The
KBSA has appointed a new corporate members chair and a new national chair
at it’s 27th Annual General Meeting (AGM), held earlier this month.
Jane Cheel, owner and managing director of Underwood Kitchens is the new
national chair and Barbara Leech, sales director at Britannia Living Ltd
is the new corporate members chair.
[More
on this Story]
Whitehall
to Breathe New Life into Ailing Quality Mark
Chancellor
Gordon Brown is set to give the go-ahead for an overhaul of the Quality
Mark, its anti-cowboy builder initiative. The move comes as it has emerged
that the government has called in an external consultant to address industry
concerns over the scheme, which was introduced in June 2001, and to review
its future.
[More
on this Story]
Hundreds
Queue to Retrain as Plumbers
A college flooded with people wanting to retrain as plumbers warned that
high earnings were neither guaranteed nor typical. The warning came after
hundreds queued at the Leeds College of Building to try and secure one
of the handful of places available on plumbing courses.
[More
on this Story]
Hotpoint
Looks to Launch Cool Ideas for Chilling Space
Hotpoint
displayed the future of refrigeration storage at this year's Kitchen Showcase.
Due to be available in 2005 and designed to provide consumers with additional
storage space, it incorporates handy sliding fully removable basket-drawers,
all built neatly under the worktop.
[More
on this Story]
Mercury
Range Cooker in new Beachcomber Colours
Mercury
Appliances Ltd, manufacturer of the award winning Mercury range cooker,
has celebrated its fourth birthday with the introduction of its new 'Beachcomber
Colour Collection' of contemporary colours.
[More
on this Story]
Mirari
Chalks up Stunning new Design for Showcase
Mirari's
team of designers literally started with a clean slate when creating their
kitchen for Kitchen Showcase 2004. The room in shades of black, cherry
and anthracite featured a full blackboard wall where visitors were invited
to chalk up their comments.
[More
on this Story]
Nexus
Gives a Sneak Preview at Kitchen Showcase
There
was a new, high-tech, futuristic product being shown for the first time
on the Nexus stand at Kitchen Showcase.
[More
on this Story]
Planit
Hosts Fusion Presentations at Showcase
The
kitchen industry software provider Planit International hosted a series
of presentations for retailers at Kitchen Showcase 2004.
[More
on this Story]
Om
from the Elica Collection
'Travelling
forward and back in space and time in search of continuous inspiration,
the planners and designers of Elica Collection dared to go where no normal
man has gone before: to the origins of the universe. And upon their return
they created Om - with a name that already says it all.' says the company.
[More
on this Story]
Poggenpohl
takes Kitchens into a New Era
At
Kitchen Showcase 2004 Poggenpohl displayed its +SEGMENTO in horizontal
grain European oak and stainless steel. 'Minimalist and architectural,
refined and elegant, +SEGMENTO takes kitchens beyond contemporary.'
[More
on this Story]
Colonial
Kitchens Offers a Platform for Creativity
Colonial
Kitchens displayed for the first time at Showcase 04. On view was the
mirror like high gloss cream kitchen which featured many new design concepts.
[More
on this Story]
American
Appliance Centre lntroduces Ice Maker from U-Line
'If
you are looking for a luxury addition to your kitchen, look no further.
Lovers of entertaining will be captivated by the exquisite U-Line Echelon
Ice Maker from the American Appliance Centre.'
[More
on this Story]
Charles
Yorke Unveils new Hogarth at Kitchen Showcase 2004
Charles
Yorke has turned to the elegant sinuous curves and beautiful timbers of
18th century furniture as the inspiration for its new range, which was
unveiled at Kitchen Showcase 2004.
[More
on this Story]
THE K&BZINE ISSUE 59 9th July 2004
Government
Part P Announcement Welcomed by Electrical Associations
The
Government announced on 29th June that from 1st January 2005 anyone undertaking
domestic electrical installation work must comply with Part P of the Building
Regulations. The announcement has been warmly welcomed by the Electrical
Contractors’ Association (ECA), which has lobbied for such regulatory
control.
[More
on this Story]
KBSA
Reports Plans to Deliver Training Initiative at AGM
The
KBSA reported that its plans for the formation of a National Training
Group (NTG) were progressing well, at its recent AGM. KBSA Chief Executive
Graham Hayden presented an update on the proposal and said, ‘I cannot
find an equally vital outcome that we have set to deliver whilst I have
been at the association over the last eight years.’
[More
on this Story]
Pilkington's
Tiles Sold to Surface Coatings
Pilkington's
Tiles has sold all of its operating businesses to Surface Coatings for
£3.1m including debts. The company will effectively be a shell with
its main asset a property in Hamworthy, Poole, Dorset.
[More
on this Story]
New
Chief Executive Turns Up the Heat at Glen Dimplex Cooking
Glen
Dimplex Cooking has appointed Denver Hewlett as Chief Executive. Denver
was previously Chief Executive of Belling for three years until 2003,
during which time the business enjoyed a period of excellent growth.
[More
on this Story]
Design
Centre expansion at PWS
Renowned for keeping their finger firmly on the design pulse PWS have
announced plans to extend their Design Centre. Although less than three
years since the Design Centre was opened, the 500sqm facility has quite
simply run out of room.
[More
on this Story]
IMI
Trading Update Indicates First Half Volumes up 5%
IMI
plc - the parent company of Polypipe - has issued a trading update in
advance of its interim results announcement: 'The steady improvement in
general conditions is continuing and we expect to be able to report overall
like for like volumes 5% higher than the first half of 2003. Order intake
is running around 7-8% ahead of this time last year.
[More
on this Story]
American
Standard Forecasts Strong Second-Quarter Performance, Raises 2004 Earnings
Range
American
Standard Companies Inc. expects results at the top end of its second-quarter
earnings range. The company is also raising its earnings estimate for
the year. In April, the company estimated earnings of 67-72 cents per
diluted share, adjusted for the company's May 28th three-for-one stock
split, for the second quarter ending June 30th, 2004.
[More
on this Story]
New
Baumatic Showrooms
Baumatic's
headquarters in Reading now has a new showroom, with more product than
ever before on display. Two new Baumatic Centres are now open in Glasgow.
‘The Cooker Factory’ has two new locations; St Georges Place
and Langside Lane, Queens Park. The company has added over 70 new products
to the Baumatic portfolio for 2004/5.
[More
on this Story]
Industry
Awards are Seeking Someone Special
For
the first time, in its 11-year history and alongside its existing design
and business categories, the Bathrooms And Kitchens Industry Awards has
announced the launch of the Special Achievement Award.
[More
on this Story]
JLA
Ltd Attracts Complaint
A
complaint, objecting to an insert in a specialist magazine by laundry
equipment distributor JLA Ltd of Ripponden, West Yorkshire was upheld
in both of the objections according to published details from the Advertising
Standards Authority.
[More
on this Story]
Boere
Expands Sales and Service in the UK
Dutch
widebelt sanding specialist, Boere, has entered into an agreement with
Calderbrook Woodworking Machinery in Lancashire to progress the company’s
UK sales and service operations as a result of successful and increasing
sales activities.
[More
on this Story]
Electrolux
Challenges Conventional Design with University Students on a Global Scale
Eight
leading design institutions from across the world have taken on the challenge
to support Electrolux in its drive to develop household appliance designs
of the future. From Australia to the United States and China to Sweden,
students will design household appliances intended to make 'life a little
easier for consumers', wherever they may be.
[More
on this Story]
Llandaff
Laminates Moves to Improve
Welsh
distributor, Llandaff Laminates has moved to purpose built accommodation
on Cardiff's newest industrial estate, Capital Business Park. The company
was established in 1968 originally as a distributor of decorative plastic
laminates. Over time the company has diversified its portfolio and extended
the product range to its customers. It is now established as a supplier
of laminate, worktops, sheet materials, appliances and kitchen products.
[More
on this Story]
U.A.W.
Local Ratifies New Labour Contract with Maytag
Maytag
Corporation announced on 2nd July that Local 997 of United Automobile,
Aerospace and Agricultural Implement Workers (U.A.W.) ratified a new four-year
contract covering production and maintenance employees at Maytag's manufacturing
facilities in Newton, Iowa.
[More
on this Story]
THE K&BZINE ISSUE 58 2nd July 2004
Kitchen
Showcase 2004: Off to a Flying Start
The
Kitchen Showcase 2004 got off to a flying start yesterday, with queues
forming outside the Commonwealth Institute in Kensington, London, and
250 people passing through the doors in the first hour. With over 2,000
pre-registered visitors, the organisers can confidently expect the remaining
two days to be even busier. Today is another trade only day, with tomorrow,
Saturday, also allowing the general public to attend. We have a few comments
and pictures from the first day.
[More
on this Story]
Victoria
& Albert to Treble Output
Specialist
freestanding bath manufacturer Victoria & Albert has commenced a major
investment programme that will increase the company’s production
by +300% over the next two years. The announcement was made from Victoria
& Albert's Group Head Office in the UK and coincides with a worldwide
surge in demand for all models across both classic and contemporary ranges.
[More
on this Story]
Broughton
Crangrove Acquires Exclusive Distribution of Britannia Range Cookers
Broughton
Crangrove has announced exclusive distribution of Britannia's best selling
Deluxe or 'L' products, including built in and range cooking appliances.
[More
on this Story]
Minister
Gives Go-Ahead for Competent Persons Scheme ELECSA
On
29th June in the House of Commons, Phil Hope MP, Parliamentary Under Secretary
of State at the ODPM (and Minister responsible for Building Regulations)
announced the Govemment's latest Competent Persons Scheme. The Scheme
brings all domestic electrical installations under Building Regulations
control in England and Wales.
[More
on this Story]
Calling
all Franke Dealers! Check the Website.
Franke UK is encouraging all dealers registered on its website to keep
their company contact details up-to-date. Throughout the past month, the
sink manufacturer has received a record number of hits to www.franke.co.uk
and wants to ensure dealers are getting maximum benefit from the site.
[More
on this Story]
Brandt
Affordable Pyrolytic Oven Awarded Your Home 'Editor’s Choice'
The
Brandt FP225 oven has been awarded the Your Home editor's choice in its
July issue. This affordable oven from the mid priced brand has been chosen
for its 'A' energy rating and because it is pyrolytic.
[More
on this Story]
New
Commercial Director for Fagor UK
Fagor UK has appointed Steve Waddilove as Commercial Director for Freestanding
and Built-In Appliances, with immediate effect. Steve joins Fagor from
Merloni Domestic Appliances, where he has occupied a variety of key sales
and marketing roles for the past 13 years.
[More
on this Story]
Barwick
Announces Its Appointment as Distributor for Niagara
Niagara,
the mid market brand from Jacuzzi UK which is supplied through distributors,
adds extra breadth to the Barwick portfolio.
[More
on this Story]
Design
Remains the Name of the Game in Worksurfaces
New
research undertaken by Orama, the independent manufacturer of worksurfaces
and associated decorative products, confirms the unprecedented growth
and appeal of contemporary design. The Ardesco range, targeted at specialist
independent kitchen retailers, reflects emerging influences in UK kitchen
styles from continental Europe.
[More
on this Story]
Maytag
UK's New Price List Valid from July 1st
A
new price list encompassing Maytag appliances including refrigeration,
laundry and dishwashing is now available. Featuring Maytag, Admiral and
Euroline brands the price list supersedes all others and is valid from
the 1st July 2004.
[More
on this Story]
Ritec
Gives Go-Glass A Superior Finish
Ritec’s
Sandblast Glass Protect is ensuring an attractive, long-lasting finish
on sandblasted glass produced by Go-Glass in Cambridge. A supplier of
high quality glass and mirrors for the past 25 years, Go-Glass designs
and produces decorative glass for both the home and workplace, from door
panel and side lights, shower enclosures and kitchen splash backs to furniture
and shelving.
[More
on this Story]
The
Ultimate Flexibility in Kitchen Internal Organisation
The
internal organisation of kitchen and other fitted furniture drawers is
fast becoming a major selling point for many manufacturers. With the emphasis
now firmly on optimising the use of cabinet storage space, cutlery trays
and dividers are becoming design items just as much as practical systems.
[More
on this Story]
Maytag
and UAW Officials Reach Tentative Agreement on a New Labour Contract
Maytag
and United Automobile, Aerospace and Agricultural Implement Workers of
America (UAW) Local 997 jointly announced that they have reached a tentative
agreement on a new four-year labour contract covering production and maintenance
employees at Maytag's manufacturing facilities in Newton, Iowa.
[More
on this Story]
Whirlpool,
Ispat Inland Reach Agreement
Whirlpool
Corporation and Ispat Inland Inc. announced on June 17th that they have
reached a confidential agreement staying the litigation involving the
two companies for 45 days while securing Whirlpool’s steel supply
and allowing the temporary restraining order against Ispat to be dissolved.
[More
on this Story]