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Aqualux
Counts Down to KBB 2006
Aqualux
is launching what it believes is a UK first for the bathroom market at
this year's KBB exhibition.
The
new Walk-through is an enclosure which goes beyond the walk-in concept
to allow complete freedom when showering. The Walk-through is suited to
fit into a recess and has two open-ends meaning the user can
walk all the way through the enclosure.
'The Walk-through is the ultimate in contemporary design and offers a
luxurious and spacious showering experience. The new Walk-through will
be added to Aqualuxs exclusive premium Energy range and is set to
make some serious waves at KBB!' says the company.
Aqualux's stand at KBB will be its biggest to date and will be packed
with a range of stylish and contemporary new products to suit all budgets
and bathroom sizes.
The shower surround and bath screen manufacturer is also updating its
popular Elite range into two separate collections: Elite Modern and Elite
Classic. Elite Modern is a new range of products being launched at KBB
and offers contemporary design with smooth stylish curves. The new range
will include the compact Walk-In, suitable for smaller ensuites, the augmented
Quadrant, a solution for fitted bathrooms and an off-set Quadrant, a first
for the Elite range.Elite Classic is the new name for the re-launched
products in its existing Elite range. The collection has been transformed
to give installers more choice of size, design and style options.
This revitalised range will see a new 800mm size option introduced to
the Elite pivot, bi-fold and side panel enclosures, and a 1000mm and 1100mm
slider will also be available as a larger option. Other improvements include
an increase of glass thickness, a new glass pattern with frosted design
and a new height of 1850mm for an improved look and better fit.
And, Aqualux isn't stopping there, not only is it launching a host of
new products at KBB, but it is making them easier to clean with the launch
of Showerblade. The Showerblade is an indispensable household product
that cleans any glass surface without the need for a chemical cleaner
and leaves it smear free. It has both a straight and curved edge so it
is perfect for any style of shower enclosure or bath screen.
Bigger and better is Aqualux's motto for this year's KBB exhibition and
the company is inviting everyone to a daily champagne reception at 4pm
where there will also be a chance to win a daily prize. The company is
also offering show-only incentives on new products.
Visit the Aqualux stand at KBB: Hall 19, Stand F99
Mayfair
Brassware at KBB 2006
Not
only did Mayfair Brassware celebrate its 20th anniversary in 2005, the
company moved to a brand new 25,000 square foot warehouse in June to help
manage its significant expansion during the year.
'Winning supply contracts with many new blue chip customers such as Homebase,
MFI and Argos to name just a few meant we have had to expand quickly to
cope with the growth we have experienced during 2005', stated Mike Campbell
- Sales and Marketing Director, 'and our attendance at this prestigious
show will provide us with the platform to launch our merchant and retail
strategy for the years to come.
'We are using the show to launch our new 2006 price guide featuring over
300 different products, we will also launch our new shower range under
the banner Aquiform Showers, and as goes without saying, we will be launching
10 totally new and innovative tap ranges.' continued Mike.
'Stand B79 is the place to visit this year, we hope to see you there.'
GE
Appliances UK Brings Innovation to KBB 2006
GE
Appliances UK, the white goods manufacturer, says that it brings
to KBB 2006 a host of new product and design innovations. Manufacturing
high quality American refrigeration products worldwide, the companys
knowledge and experience of this industry has made us experts in this
rapidly expanding market.
2006 is no exception, with GE showcasing several new refrigeration styles,
as well as introducing a new range of de-humidifiers, air-conditioning
and water treatment products. Taking style, quality and performance
to new heights, GE's new ranges are suitable for both contemporary and
traditional settings and are sure to take the market by storm.
Visit the GE team on Stand N109 to discover more or visit the new website
http://www.geappliances.co.uk
DK
Distribution at KBB 2006
Manufacturer
and distributor DK Distribution, will exhibit at the KBB 2006 show with
its biggest ever stand of 81 sq m.
The
company plans to show 12 new kitchen designs along with its new bedroom
doors that have been carefully researched and designed for the future
trends of this market.
Also on display will be a selection from DK Distributions extensive
high quality colour-co-ordinated carcase ranges.
DK Distribution provides a complete service that includes furniture hardware,
handles, knobs, appliances, sinks, taps, worktops. Also, naturally, all
the associated accessories to match all the doors in the various ranges.
The Manchester company has a large fleet of new trucks and delivery vehicles
to serve a nationwide customer base with punctual and short lead time
service.
Tel: 0161 230 0700
Aqata
to Launch Shower Accessories at KBB 2006
Aqata,
the UK shower enclosure manufacturer, will be launching a new range of
contemporary shower fittings and accessories at KBB2006, along with showcasing
new additions to the Minimalist Collection of shower enclosures which
are also suitable for wet room applications.
Aqata offers the ultimate in luxury bathroom products, says
the company. Renowned for quality, excellent design and innovative
use of new technology, Aqata has been designing and manufacturing quality
bathroom products for nearly two decades and customer satisfaction is
our number one priority.
Visit our stand to discover the Aqata experience: Hall 9, Stand
G79'
Precious
Metal from Victoria & Albert®: New Specialist Brassware
Freestanding
bath manufacturer Victoria & Albert® has totally revamped its
brassware range for 2006. Twenty nine taps and fillers receive their world
debut at KBB 2006, based around both contemporary and traditional design
themes. These new models come in response to strong consumer demand for
brassware to complement the successful Victoria & Albert® range
of freestanding baths.
Contemporary minimalism is found in a variety of wall, deck and pillar
mounted mixers that provide a huge choice of configurations with hand
held shower options. In addition, the Victoria & Albert® T1 bath
filler is joined by two new freestanding models, which at an impressive
108cm high from the floor make a dashing choice. For those seeking to
recreate period splendour, Victorian and Edwardian styled individual bath
and basin taps are available for the first time from V&A. Pillar mounted
bath and shower mixers also come in traditional styling.
Of particular relevance to potential buyers of the Capri bath is the angular
'waterfall' range of bath and basin fillers. Based around a distinctive
gull wing theme the minimalist chrome finished body of each filler is
designed to be rim or deck mounted. They come with separate hot and cold
valves that can be individually located to suit each application. When
in operation a seamless ribbon of water extends across the full width
of the filler from a hidden spout.
The Victoria & Albert® brand is all about style and quality,
which are found in equal measure in our new taps and fillers, says
Joe Matthews, Managing Director of Victoria & Albert® Baths.
The various technical and aesthetic considerations associated with
freestanding baths means that brassware should be chosen with care. Our
new comprehensive range is great news for the consumer as it makes it
easy to achieve their dream bathroom. Now there's the perfect tap, filler
and waste to go with every Victoria & Albert® bath - the complete
bathing solution.
The new pillar mounted T30 Bath/shower mixer with
K6 standpipes, complement the Shropshire slipper bath.
RAK
Bathroom Package Smashes Through the £1k Barrier at KBB
Ceramic
tile and sanitaryware manufacturer, RAK Ceramics is targeting house
builders and hotel specifiers with the launch of a special bathroom
package. HBH is a complete high-end bathroom solution offered at £799
+ VAT that features specially selected products from the RAK Ceramics
range.
These include a 7mm thick acrylic bath 1700x750mm with plenty of comfort,
half pedestal Compact basin, Compact back to wall WC and hidden push
button cistern, large format 60x30cm porcelain tiles and bespoke porcelain
slabs forming the bath surround and ledges. For a 2x2m bathroom that
comes with luxury materials and design features as standard, the company
says that HBH looks set to become a benchmark solution that specifiers
will find hard to resist.
Featuring RAK Ceramics' value for money, the package features premium
quality materials. For instance, RAK Ceramics' new salt & pepper
porcelain slabs forming the bath surround and window and cistern boxing
ledges come precision cut to size, making the finishing touch. To complete
the package, brassware and wastes are also included, thereby taking
away the hassle of dealing with different suppliers, different delivery
dates and conflicting design styles.
HBH is the result of listening closely to house builders and hotel
specifiers, says RAK Ceramics UK managing director Rob Jull. It
is a great example of what we do best - revolutionising people's expectations
of how elegant a compact bathroom can be, whilst remaining affordable
and easy to install. At £799 + VAT HBH is particularly special,
leaving enough change from £1,000 for the entire first fix plumbing
materials and adhesives. We also offer a unique design service to such
customers, which is dedicated to our own products providing great flexibility
in design and end-budget.
For more details of the HBH solution and the complete range of porcelain
and ceramic tiles, sanitaryware, porcelain tops, brassware and ceramic
kitchen sinks see RAK Ceramics at Hall 19, Stand F89/F79 of KBB 2006
at the NEC Birmingham or visit http://www.rakceramics.co.uk
- telephone 01730 815 507.
RAK
Ceramics' Virtual Reality Proves a Hit with Retailers
Tile
and sanitaryware manufacturer, RAK Ceramics UK, has developed a comprehensive
'virtual interiors' package in conjunction with Easycadplus specifically
to support the company's nationwide network of retailers.
The
'Kitchen Draw' computer design package incorporates the entire RAK Ceramics
tile and sanitaryware portfolio from which RAK Ceramics dealers can create
3-D room settings when selling to customers.
Our dealers are now able to incorporate any RAK Ceramics product
within their 3-D designs for bathrooms at the touch of a button so that
customers can see exactly how these products will look in situ,
says RAK Ceramics managing director Rob Jull.
And because RAK Ceramics supplies a wide range of stylish tiles
in addition to sanitaryware our retailers can plan a complete bathroom
using RAK Ceramics products only. This means the overall look has a design
synergy - and makes the installation of a new bathroom so much easier
because all the products are coming from one supplier.
We're always looking at ways of supporting the marketing efforts
of our stockists and this package is really proving an invaluable sales
tool. A 'pay as you go' structure makes the system cost effective at only
£2 per hour, it's easy to use and comes complete with a hands-on
customer service package - advice and practical support are just a phone
call away.
RAK Ceramics' Gold Medal dealer Mick Spooner, showroom manager at Premier
Heating Supplies in Chertsey, is happy to concur: We have been using
the RAK Ceramics Kitchen Draw package ever since it was first introduced
several months back and we find it enormously useful. We really appreciate
practical sales support of this nature - RAK Ceramics is the only manufacturer
to offer this kind of comprehensive 3-D product catalogue.
We're currently using Kitchen Draw at least four hours a day and
it is undoubtedly making a huge difference in terms of sales. Customers
are tremendously impressed to be able to see a photorealistic image of
how their bathroom will look and designs are completely personalised.
We are now getting people coming into the showroom asking for our
'bathroom design service', which is great for us - this is a tremendous
way to market RAK Ceramics products.
Kitchen Draw can also create 2-D floor plans, 2-D colour perspectives
and lifelike 3-D photorealistic images that can be printed, emailed or
exported as images. There is also a built-in 'walk-through' facility and
users can create their own custom catalogues.
Detailed floor plans can be exported in DXF format for use in other programmes
such as AutoCad and Archicad and plans can also be uploaded to a web site
for remote viewing by customers - they can even be discussed online.
RAK Ceramics will be exhibiting at January's KBB incorporating Expotile
2006 at the NEC, on Stand F89/F79 in Hall 19.
Tretzo
Pulls Out of KBB
Due
to an urgent and demanding workload going through its factory in January
& February, bathroom furniture manufacturer Tretzo will not be exhibiting
at kbb this year as planned.
Managing director Geoff Clarke explains 'We deeply regret having to pull
out of kbb, but the team is committed to fulfilling an existing programme
of work and we cannot put this at risk. We have a reputation for putting
customers first and this is the choice we have made. Our strong order-book
shows that Tretzo keeps its promises.'
Tretzo is also part-way through implementing a major new IT programme
and this too is creating time demands on management and staff.
Geoff adds, 'The company wishes the organisers and exhibitors every success
with the show and we look forward to attending this year - but just as
visitors.'
Tel: 028 3752 3735
Email: sales@tretzo.com
Web: http://www.tretzo.com
Masco
Sells Two Subsidiaries
Masco
Corporation announced on January 11th that it has completed the divestiture
of two operating companies, with combined annual sales of approximately
$200 million, which manufacture and distribute cabinets, bathroom vanities,
medicine cabinets, shower rods and caddies, and other bath accessories.
'Masco is continuing our stated strategy of reviewing our business portfolio
for potential consolidations or divestitures,' Masco Corporation Chairman
and CEO Richard A. Manoogian commented. 'As a result of this process,
it was determined that these two businesses were not core to our long-term
cabinet platform strategy.'
Both transactions were closed in late 2005, with proceeds totalling approximately
$200 million in cash. Under Generally Accepted Accounting Principles,
the net gain on these transactions, along with 2005 full-year and prior
period operating results of these companies, will be reflected in discontinued
operations. The reduction in 2005 full-year operating earnings will be
approximately $.04 per common share. This effectively reduces the Company's
annual 2005 guidance for continuing operations to $2.16 to $2.20 per common
share, from the previously communicated guidance of $2.20 to $2.24 per
common share.
The Company, however, continues to believe that its fourth quarter 2005
earnings from continuing operations will be in the range of its previously
communicated guidance of $.48 to $.52 per common share. The Company's
guidance excludes any additional costs associated with its profit improvement
programmes and any other items.
Web: http://www.masco.com
Government
Delay over WEEE Implementation Results in Legal Action
The UK government will face legal action from Brussels over its failure
to implement the Waste Electrical and Electronic Equipment (WEEE) directive.
In July 2005, the European Commission (EC) formally asked eight Member
States including the UK to transpose into its national laws
three EU directives, including the WEEE directive. This should have been
done by 13 August 2004. However, just before Christmas the government
announced a fourth delay to the UKs implementation of WEEE.
'The UK cannot unilaterally decide to continue to postpone the transposition
of the directive. That is clearly not acceptable. Therefore, in December,
the Commission decided to take the UK to Court for non-communication of
the national transposition measures.', the EC said.
In a DTI statement dated 14th December, the government 'accepts that deferral
of WEEE implementations has implications for Local Authorities' and further
stated that the DTI 'would meet Local Authority New Burdens costs in the
light of [the deferral].'
It is now looking like early 2007 before the UK begins a collection scheme
for WEEE.
ELECSA
Jump Starts Year by Plugging into New Series of Free Part P Seminars
ELECSA
announced on January 11th another series of free Part P evening seminars
for local electricians and tradesmen affected by Part P throughout England
and Wales at the following locations:
· Mon 23 January - Bristol
· Tue 24 January - Barnstaple
· Mon 30 January - Salford/Manchester
· Tue 31 January - Liverpool
· Wed 01 February - Blackburn
· Mon 06 February - Redruth/Cornwall
· Tue 07 February - Exeter
· Tue 07 February - Aston/Birmingham
· Wed 08 February - Derby
· Thu 09 February - Wolverhampton
· Mon 13 February - Coventry
· Wed 15 February - Leicester
· Mon 20 February - Sittingbourne
· Tue 21 February - Watford
· Mon 27 February - Wrexham
· Tue 28 February - Aberystwyth
· Wed 01 March - Hereford
· Mon 06 March - London (SE)
· Tue 07 March - Harrogate
· Wed 08 March - Washington
· Mon 20 March - Cambridge
· Mon 24 April - Portsmouth
· Tue 25 April - Isle of Wight
Companies who take up the opportunity to register with ELECSA on the night
of the seminar will be offered a £25 registration discount. As Catherine
Hogan, Director of PR, ELECSA, commented 'If you are still unclear about
Part P, here is your FREE chance to meet experts across the industry in
your local area and find out what to do to comply. There will be leading
electrical test instrument manufacturers and electrical wholesalers who
will be on hand to answer questions. If you have not yet taken up ELECSAs
offer for a free on-site visit by a local assessor, here is another chance
to meet the assessor in your local area and ask questions on any aspect
of the assessment that you are unsure about. Tips on the assessments will
be offered on the night.'
Places are limited. You are encouraged to book early to avoid disappointment.
For further details and to book your free place, phone ELECSA on 0870
749 0080 or email seminars@elecsa.org.uk.
General information on the ELECSA scheme can be located at http://www.elecsa.org.uk.
New
Luton Showroom Opens with Solid Commitment to Maia
Maia,
the new composite worksurface by Orama, the independent manufacturer of
worksurfaces and associated decorative products, has been exclusively
selected by B and K Depot, the Luton-based kitchen and bathroom retailer,
to be displayed in its recently opened showroom. Bathroom and Kitchen
Depot Ltd (known as B and K Depot) opened its doors in summer 2005 following
the success of its existing sister company, which focuses on installation.
The showroom, based in Hitchin Road Industrial Estate, Luton, is stocked
solely with the Maia range across its fashionable kitchen displays, and
the worksurface range is also held in stock to cater for customer orders.
B and K Depot caters for a wide range of consumer and trade customers
across the Bedfordshire region. Peter Sorzano, founder of B and K Depot,
selected the Maia range because, with 13 years in the industry, he believes
that composite worksurfaces give the showroom a more desirable finish,
the consumer an added value offering and the retailer a better margin.
Iftab Khalid, Showroom Manager, confirms that the Maia range was selected
because of its fashionable look, the appeal across customers (high value
and entry level kitchens alike) and the competitive price points. As well
as displaying Maia, the showroom also sells Orama's laminate range.
Maia is factory finished and does not require sanding after installation.
The Maia colour palate includes the natural tones of Cappuccino, Cream,
Vanilla and Corallo, which are complemented by the cooler, distinguished
shades of Vulcano and Lava. The variety and mix of colours available provides
an offering to match any kitchen design or style, for example the mid
tonal colour Cappuccino works well with wood style kitchen doors. Lava
with its small speckles of brown and black evokes the attributes of natural
stone and Vulcano creates a dark richness of solid black with hints of
yellow and red which works well alongside richer grains of wood such as
walnut.
Peter Holt, Sales and Marketing Director of Orama, explains: B and
K Depot selected Maia having recognised the product's superior quality.
Maia is one of the most technically proven solid surface ranges on the
market, having undergone rigorous independent pre-production testing for
chemical and stain resistance, notched impact and tensile strength, heat
distortion, impact stress, abrasion, light fastness, fungal resistance,
food safety and bacterial resistance. What's more, the Maia range provides
consumers with the option of trading up from a laminate to a solid surface
at a relatively low cost. As a consequence, retailers can up sell consumers
to the next price bracket and achieve higher value sales.
B and K Depot realised it can further benefit from the point-of-sale support
materials offered by Orama, including a dedicated Maia display stand to
showcase the range. The counter top unit includes removable A5 samples
of all six colours. Moreover, the packaging for the range is fully branded
and specified to the highest standards, including accessories. Installation
is simple but Orama also offers a training academy for retailers requesting
further guidance on fitting Maia worksurfaces.
Orama offers high quality durable decorative panels and worksurfaces.
Established for many years, the Company holds ISO 9001 certification and
the FIRA (Furniture Industry Research Association) Gold Award for product
performance. Orama is a corporate member of the KBSA (Kitchen Bathroom
Bedroom Specialist Association). All Orama's chipboard and solid timber
products are sourced from 'responsibly managed' forests.
Tel: 01773 520560
Web: http://www.orama.co.uk
In-toto
Designer Clare Scoops Second Industry Award
A
young designer from In-toto Kitchens in Leamington Spa has won a major
award for kitchen design in the National Home Improvements Council Awards
2005.
Clare West was presented with the 'Young Kitchen Designer Award', sponsored
by the Kitchen Bathroom and Bedroom Specialists Association (KBSA) in
November 2005. This was Clare's second award as last year she also won
the New Kitchen Designer category in the annual Design Awards, run in
association with the Kitchen & Bathroom Designer magazine.
Clare's
brief for the NHIC Award was to design a kitchen featuring interesting
shapes and features. My clients didn't want a conventional, wall-to-wall
cupboard style kitchen, said Clare. They wanted flair and
stimulating ideas for providing adequate storage.
A new extension on the property meant that the kitchen was also
going to include a family room/dining room with a virtually seamless flow
between the individual areas.
Clare was presented with her award at the NHIC 2005 Awards presentation
lunch, held at Gladstone Library, Whitehall Place, London. The judges
comments on Clare's design were: 'This was a fine solution to a difficult-shaped
area. It addresses all of the client's requirements and was on budget
despite an upgrade to a granite work surface. It took advantage of the
latest trends in appliances and featured special design details that went
down well with the client.'
KBSA operations manager Lucinda Kenny said: We were very pleased
to be able to sponsor this award. The KBSA is always keen to encourage
young talent within the interiors industry and we applaud the excellent
efforts of the NHIC in offering this kind of practical encouragement for
designers.
The KBSA was founded 28 years ago, initially to promote excellence within
the kitchen industry as the KSA. In 2002 the association changed its trading
name to KBSA to reflect the growth in the bathroom, bedroom and home office
markets for many of its members and it now works tirelessly across all
four homes interest sectors to ensure quality of product, service and
installation.
KBSA members are monitored regularly to make sure they continually meet
the organisation's stringent criteria and each retailer member is thoroughly
vetted prior to any membership application being accepted.
Jubilee
Celebrations for Hettich
International
furniture component manufacturer Hettich celebrated its 75th anniversary
last month. Jubilee celebrations were held world-wide, across the company's
36 countries.
The
Hettich group was founded in Herford, Germany in 1930 as an independent
company. It has since grown to have an annual turnover of over £350
million and employ 4,800 people.
Chief Executive Anton Hettich joined the company in 1955 as an engineer
and quickly progressed to head up the company for 30 years. For the past
15 years he has acted as a key advisory body on the company's board.
He said: Unlike most people, companies gladly admit to being old!
Paul Hettich GmbH was set up in 1930 and I am very proud to be celebrating
its Jubilee. One very important component in our success has been the
speed with which we adapt to the rapidly changing the marketplace.
Over the years we have constantly expanded our product range to
accommodate the increasingly important role of fittings in furniture market.
By keeping pace and developing market-leading and innovative products
Hettich sales have grown steadily.
Growth would have been impossible without the support of our global
customers and the dedication of our highly motivated employees. I hope
they are all as proud as me to be part of this huge success story.
Electrolux
Sponsored Machine Intelligence Awards Reveals IFOMIND
The
imminence of the robot age draws even closer as IFOMIND scoops 2005 prize
for Progress towards Machine Intelligence, sponsored by Electrolux.
Will robots one day rule the world? For decades this notion has both fascinated
and terrified humans, our hungry imagination fed by Hollywood blockbusters
and intriguing sci-fi novels.
Now a new generation of robots promises an astonishing breakthrough in
the world of Artificial Intelligence as they become capable of cognitive
thought processes.
The
2005 Fourth British Computer Societys Annual Prize for Progress
towards Machine Intelligence sponsored by Electrolux has been won by IFOMIND,
a mobile robot system that demonstrates intelligence as it meets a new
object in its world. Based on Khepera, a robot commercially available
from K-Team, the machine intelligence system was designed and programmed
by a team led by Professor David Bell from Queens University, Belfast.
It beat stiff competition to win the award, such as AI guru, Rollo Carpenter
and his witty conversational companion, George as well as an intelligent
portal building system and a talented robot based on the popular game
of Connect 4.
About IFOMIND
IFOMIND reacts initially in an 'instinctive' way to its first perception
of an unknown object that it encounters; at first it is generally fearful.
However, because the robot is equipped with a human-like capability of
inquisitiveness, it realises that it can react in another way and does
not have to be scared of something that may not be harmful to it. So,
the robot observes the object from a distance and takes note of how it
behaves and how it reacts to different approaches; the robot is then able
to decide on the best approach or whether to avoid it. This knowledge
can then be retained by the robot as it carries on and meets many more
objects. This is a remarkable leap forward in the domain of Machine Intelligence
as IFOMIND is able to use logical thought processes in order to decide
the best way to interact with the objects that it meets. The implications
of this are huge, for example as David Bell from the IFOMIND team explains,
'A system that can observe events in an unknown scenario, learn and participate
as a child would is a major challenge in AI. We have not achieved this,
but we think weve made a small advance.'
IFOMIND
in action
David likens the reaction of the robot to the reaction of the tiger in
an ancient Chinese folk story from the Tang Dynasty. In the story, the
tiger encounters an animal it has never seen before (in this case a donkey).
To start with the tiger is wary even rather frightened - of this
larger, noisy object. But its hunger and pride (equivalent
to the robots pre-programmed instinct for curiosity) is even greater than
the instinct to run away. So the tiger waits, watches and teases the donkey,
and finally concludes it is no threat and attacks. In the robots
case it waits and watches to see if can get some new information.
The other members of the QUB team were QingXiang Wu and Marcel Ono, and
the work was partially funded by Invest Northern Ireland.
Whirlpool
Corporation Named to Dow Jones Sustainability World Index
Whirlpool
Corporation recently announced it has been named to the 2006 Dow Jones
Sustainability World Index (DJSI), an international stock portfolio that
evaluates corporate performance using economic, environmental, and social
criteria. Whirlpool led the durable household goods category of the DJSI.
Only the top 10 percent of the 2,500 largest companies are selected as
components of the DJSI World Index based on their sustainability performance.
This year's DJSI includes more than 300 companies representing nearly
25 countries. Sixty-seven other U.S. corporations including Abbott Laboratories,
McDonalds and Whole Foods join Whirlpool on the list.
'We are proud to be recognised by one of the world's most comprehensive
reviews of sustainable business practices,' said Jeff M. Fettig, Whirlpools
chairman, president and CEO. 'As a company, we have a long-term
commitment to social responsibility, but its really our people who
make it a reality. Their actions personify Whirlpools values and
have enabled us to make social responsibility a core part of our culture.'
Whirlpool received high marks in such categories as customer relationship
management, risk and crisis management, brand management, codes of conduct,
talent attraction and development, and corporate citizenship/philanthropy.
The DJSI provides asset managers with reliable and objective benchmarks
to manage their sustainability-focused portfolios. Its results will
influence the investment decisions of asset managers in 14 countries for
a variety of sustainability-driven portfolios including mutual
funds, segregated accounts, structured products, as well as an exchange
traded fund that is listed on Euronext.
Companies are selected for the DJSI based on a thorough assessment of
general and industry-specific sustainability criteria including corporate
governance, environmental performance, labor practices, and community
development. The analyses are verified by an external auditor.
Further information on the Dow Jones Sustainability World Index can be
found at http://www.sustainability-indexes.com.
GDS
Restructures US Management Team as Global Operation Continues to Grow
Global
Display Solutions Ltd. (GDS), specialist in the design and manufacture
of industrial displays, has announced a new management structure at its
US headquarters. Former Group CFO, Stefano Ignesti has relocated to the
US, from GDS's Italian office, to take on the role of Executive Vice President.
In his new position, Stefano is responsible for consolidating the US business
and ensuring that GDS operates on a global scale, with each location employing
the same strategies. GDS is a world-leading manufacturer of industrial
display solutions for a number of industries worldwide including kiosks,
retail, advertising, entertainment, banking, marine, process and transport.
Since
his relocation, Stefano has established a highly-experienced US team,
appointing a Business Development Manager, a Regional Account Manager
and a new US-based CFO. Stefano brings with him a wealth of experience
and has specific knowledge regarding how GDS's European operation has
successfully developed over the past few years. A major aim of this restructure
is to enable GDS's European and American offices to interact effectively,
therefore enabling the US operation to take advantage of GDS's worldwide
know-how.
Stefano will also be continuing with his role on GDS's Corporate Development
Team (CDT). This global strategic team, made up of senior managers from
within the company, is responsible for establishing objectives and targets,
delivering growth strategies (organic and M&A), formulating R&D
roadmaps and market development. Due to Stefano's involvement on this
team he will be in a position to identify, at senior management level,
the direction and market requirements for the US business.
Stefano's relocation has seen his previous role of Group CFO become occupied
by Sarah Knight. Sarah previously held the post of CFO for GDS UK and
has been with the company since 2001. In her new position Sarah will be
responsible for financial reporting and budgeting, funding, financial
controls and related statutory and any fiscal matters. Sarah has over
14 years' experience in the financial market, qualifying as a Chartered
Accountant with Price Waterhouse in 1987.
Stefano comments on his new role: My ultimate goal is to see GDS
move towards becoming an organisation where all strategies are defined
at board level and each local entity has a part in the decision making
process as well as being charged with overseeing the implementation. GDS
is a worldwide business and I believe that it is vital for the success
of the Company that the European and US offices operate as one business.
Tel: +44 (0) 1274 230150
Email: sales@gds.com
Web: http://www.gds.com
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