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Maytag
Contuinues to Suffer as Market Shifts
Maytag
Corporation reported on 21st October third quarter consolidated net sales
of $1.26 billion, up 6.5 percent from net sales of $1.19 billion in the
same period last year.
Reported net loss for the third quarter was $18.2 million or 23 cents
per share, compared with net income of $7.5 million, or 9 cents per share,
a year earlier. Diluted earnings (loss) per share for the third quarters
of 2005 and 2004 included the following items:

In the third quarter, Home Appliances net sales were up 6.7 percent driven
largely by increases in major appliances net sales. In addition, Maytag
Services continued to show strong revenue growth versus a year ago. Compared
to the prior year period, net sales of floor care products in the third
quarter were down despite an increase in unit sales. This net sales decrease
was due to a continued decline of floor care product pricing and mix.
Commercial Products net sales were up 2.5 percent compared to the same
period last year.
Ralph
Hake (pictured), chairman and CEO, noted, 'Despite the top-line sales
successes, our excess manufacturing capacity in some product categories
continues to worsen as consumer demand shifts to our products that we
source from lower cost manufacturers. Also, higher raw material and transportation
costs primarily driven by increases in oil prices negatively impacted
the quarter.'
In addition to these expenses, $8.5 million of net merger-related expenses
impacted the quarter.
'Maytag experienced strong growth in key product categories and that again
is indicating that consumers and our trade partners believe in and are
purchasing the Maytag family of quality products and brands,' said Hake.
'During the quarter, there were strong sales gains in refrigeration and
laundry, as well as solid growth in Jenn-Air branded appliances.'
Hake stated, 'Our performance demonstrates the need to urgently address
our specific excess manufacturing capacity issues and eliminate these
barriers to cost competitiveness and acceptable financial performance.
We remain committed to address these issues. The actions we take could
include restructuring charges, asset impairments and/or accelerated depreciation
related to the affected operations and certain cash costs. We continue
to analyse various alternatives to address these structural costs.'
The company also said that a new asset-based $600 million five-year, senior
secured revolving credit facility is expected to close early in the fourth
quarter. The new facility will replace the current $300 million credit
facility. The new credit facility is expected to provide Maytag with substantially
more financial capacity and flexibility to meet its 2006 debt maturities
and its long-term financing requirements. Maytag would have the ability
to increase the new credit facility by $150 million to $750 million.
On August 22nd, 2005, Maytag and Whirlpool signed a definitive merger
agreement in which Whirlpool will acquire all outstanding shares of Maytag
in a cash and stock merger. A preliminary prospectus/proxy statement has
been filed with the Securities and Exchange Commission (SEC) and both
parties are working closely with the Antitrust Division of the U. S. Department
of Justice in its ongoing review of the proposed merger. Maytag and Whirlpool
continue to expect the transaction to close as early as the first quarter
of 2006, following approval from Maytag stockholders and regulatory clearance.
The Maytag Board of Directors has scheduled a special meeting of stockholders
for December 16th, 2005, to consider and vote on the adoption of the merger
agreement. Stockholders of record of Maytag as of November 2nd, 2005,
will be entitled to vote on the transaction.
Nine-Month Performance
Maytag's net sales in the first nine months of 2005 were $3.66 billion,
up 2.9 percent from net sales of $3.56 billion in the first nine months
of 2004. Operating income was $43.2 million, down 7.4 percent from $46.6
million reported in the same year-earlier period. Last year, operating
income was negatively impacted by an $18.5 million charge for front-load
washer litigation and nearly $55 million of restructuring and related
charges, compared to about $11 million in the current year.
lmproved
Q3 Profit for Nobia, but UK 9% Down
Nobia's
third quarterly profit showed improvement despite a weak trend on several
key markets. Progress on the Nordic market remained positive. Demand grew
by an estimated 6 per cent during the first nine months of the year compared
with the corresponding period last year.
The buoyancy of the new-build segment in Sweden and Norway is one of the
driving factors behind the continued positive performance of the Nordic
market. So far this year, Nobia's organic growth has been around 14 per
cent for the Nordic business. Deeper co-operation with key customers has
been a major factor behind this strong performance. It has led to higher
volumes but also higher order value as sales of accessories and services
have risen. During Q3, two DIY stores were opened in Finland. The modernisation
of the store network throughout the rest of the Nordic region continued.

'ln
our key markets in continental Europe - i.e. Germany, the Netherlands
and Austria - we estimate that demand has fallen by around 3 per cent
for the period January-September. Meanwhile organic growth for Nobia's
Continental business was around 3 per cent. Higher exports were the main
driver behind the increase. The integration of EWE-FM, meanwhile, has
continued according to plan.'
Estimates suggest that demand in the UK market has fallen by around 6
per cent for the period January-September compared with the corresponding
period last year. Nobia's organic growth was negative at 6 per cent. Sales
in the consumer segment were most affected. Progress in the store network
development continues to proceed according to plan. A special initiative
has been focused on large stores located centrally in major cities and
the stores that have been renovated have produced favourable results.
Changes are being made at the Darlington factory, where a transition to
order-based production is planned in the first half of 2006.
During the January-September period, net sales climbed 8 per cent to reach
SEK 9.151 million (8.487) and the Group's organic growth reached 3 per
cent. Organic growth in Q3 was zero, mainly due to weak demand in the
UK. The operating profit (EBIT) reached SEK 684 million (694), including
a cost of SEK 30 million for the action programme in the UK market announced
in the report for the second quarter.
Excluding costs for this scheme, the operating profit for January-September
rose to SEK 714 million. The Group's operating profit in Q3 rose to SEK
210 million (205).
The profit after financial items for January-September reached SEK 628
million (625). Earnings per share were up by 4 per cent to SEK 7.82 (7.50).
Work aimed at freeing up capital in the business has succeeded and cash
flow after investments, but before the acquisition of subsidiaries, improved
by SEK 143 million to reach SEK 533 million (390). Return on shateholders'
equity amounted to 22.5 per cent on an ongoing 12 month basis.
The UK Business
Net sales reached SEK 3.737 million (4.045), which meant a decline of
8 per cent. Excluding currency effects, sales for comparable units fell
by 6 per cent.
Adjusted for currency effects, sales of kitchen, wardrobe and bedroom
interiors and joinery fell by a total of 6 per cent compared to the same
period last year. The drop in sales is mainly due to a weaker consumer
segment for both rigid and flat-pack products.
Within the framework of the ongoing store investment programme at Magnet,
eight refurbished stores have so far been re-opened during the year. Sales
have increased considerably in the stores that have undergone the refurbishment
programme.
Sales have continued to fall for bathroom interiors.
The operating profit fell to SEK 181 million (292). This included SEK
30 million in costs for a completed action programme, which was reported
during the second quarter. Lower sales volumes mainly in the consumer
segment affected the operating profit negatively. The gross margins for
kitchen interiors, both rigid and flat-pack, improved. The completed action
programme boosted profits from Q3 on.
The operating margin fell to 4.8 per cent (7.2). Excluding costs for the
action programme, the margin was 5.7 per cent.
UK third quarter sales were down by 9 per cent to SEK 1.223 million (1.341).
Excluding currency effects, sales for comparable units fell by 9 per cent.
The fall in sales was mainly due to the consumer segment for both rigid
and flat-pack products. Sales of joinery products were hit by temporary
product-supply problems in connection with the closure of in-house door
production.
CEO's
Comments
Nobia's
CEO Fredrik Cappelen commented on the results for the quarter and the
ongoing action programme.
'It is satisfying to be able to report a rise in profits despite weak
demand on some of our important markets, such as the UK and Germany. The
improvement is mainly due to continued successes within the Nordic business.'
Mr Cappelen also emphasised the importance of continued cost-cutting.
'We are currently intensifying the ongoing work to reduce product costs.
This is essential in order to achieve the full effect of the market investments
we have carried out and will be carrying out. Our aim remains unchanged:
to continue growing faster than the market in general. To do that we must
be the leader in terms of low costs,' says Cappelen.
Mr Cappelen pointed to three significant areas in Nobia's work on cutting
costs.
'The most important area is purchasing costs. We have started an internal
process where we are systematically looking at all of our product categories.
The purpose is to further tighten our co-ordination and review our current
purchasing channels,' he says.
Another key area is the further upgrading of production at Magnet in the
UK.
'We have sold and closed down non-core business. Now we are entering the
next phase, which means improving the efficiency of existing production
facilities. Early next year, we are planning a transition to order-based
production at Magnet's Darlington factory, which is an important step
for us.'
Wolseley's
£140m Acquisition of Encon, a UK Distributor of Insulation
Wolseley
plc, the world's largest specialist trade distributor of plumbing and
heating products to professional contractors and a leading supplier of
building materials, announced on 24th October that, since the last acquisition
update on 18th October 2005, it has completed a further two acquisitions
including the acquisition of Encon, a leading distributor of insulation
products in the UK.
Since the beginning of the financial year on 1st August 2005, a total
of ten distribution businesses in Europe and North America have been acquired
for an aggregate consideration of approximately £235 million in
cash. These ten acquisitions are expected to add approximately £357
million to group turnover in a full year. Goodwill related to these acquisitions
is estimated to be around £166 million.
European Distribution
On 22nd October 2005, Wolseley UK acquired insulation distribution specialist
Encon from 3i and certain Encon management and staff. The acquisition
is in line with Wolseley's strategy of expanding its European distribution
operations into related construction materials. The cash consideration
of £140.5 million will be financed from Wolseley's existing resources.
The Encon business
Encon is the second largest insulation distributor in the UK with around
an 11 per cent market share. With around 550 employees across a network
of 22 branches in the UK, Encon is a leading operator specialising in
mineral fibre insulation, foam insulation and drywall, ceiling and partition
products. The insulation market promises strong growth in response to
legislation for improved thermal and acoustic performance in new and existing
buildings. Furthermore, increasing fuel prices and demands for energy
conservation, along with an increase in loft conversions and timber frame
construction, are also expected to keep the insulation market buoyant.
Wolseley believes that there will be significant opportunities for growth
and synergies between Encon and Wolseley UK, particularly the distribution
of Encon's 14,000 insulation and dry-lining products through Wolseley
UK's network of branches.
The key operational management of Encon will remain with the business
and join the Wolseley group reporting to Adrian Barden, Managing Director,
Wolseley UK.
Financial effects of acquisition
For the year ended 31st August 2005, Encon reported sales of £169.0
million and operating profit, before goodwill amortisation, of £9.7
million. Gross assets at that date were £71.2 million. The acquisition
is expected to be earnings enhancing from the outset. The return on gross
capital employed is expected to achieve Wolseley's normal acquisition
return target.
North
American Plumbing and Heating Distribution
In October 2005, Ferguson acquired Camellia Valley Supply ('CVS'), a waterworks
wholesaler based in Sacramento, CA, from Pacific Coast Supply, LLC. The
acquisition of CVS strengthens Ferguson's waterworks position in Northern
California, adding three new locations and expanding its customer base.
In the year ended 31st March 2005, CVS had sales of $33.8 million (£18.8
million) and had gross assets of $12.5 million (£6.9 million) at
that date.
Charlie Banks (pictured), Group Chief Executive of Wolseley said:
'We are delighted to announce these new acquisitions which will further
strengthen our presence in Europe and North America. I am particularly
pleased with the Encon acquisition which supports our strategy of expanding
the range of construction products we distribute. Encon makes Wolseley
the second largest player in the UK insulation market when previously
we had little presence. It is an excellent company and it operates in
a market which should provide significant opportunities for future growth.'
Russians
Unveil Radiator Monument
Energy
workers in Russia have marked the onset of the country's severe winter
- with a monument to the world's first radiator.
The sculpture, of a cat lying on a windowsill over a heater, was unveiled
at a power station in the city of Samara, south-east of Moscow.
Russians say the device was invented in St Petersburg 150 years ago.
'We did our own research and turned up lots of interesting new things,'
said Vladimir Gromov, deputy head of the local electricity company's public
relations department in Samara.
'It turns out that the radiator was invented in Russia, of all places,
some 150 years ago, and it was from Russia that the radiator spread to
the rest of the world to heat it,' he told Russia's NTV channel.
The ceremony came at the start of Samara's cold season, when central heating
goes on throughout the city.
The sculpture was crafted by local artist Nikolay Kuklev, who used the
cat to create an impression of cosiness and comfort.
'It is a monument to warmth, a monument to something that brings warmth
and comfort. What could be better than that, particularly in winter?'
he told NTV television.
The local energy company held a competition for the best photo of a cat
enjoying the warmth of a radiator, and the winner served as a prototype
for the sculpture.
It is commonly claimed that the Romans invented central heating, but the
Samara company did some research which it said showed the radiator itself
first appeared in 1855 in the then Russian capital, St Petersburg.
Its inventor, an ethnic German of Italian origin named Franz San-Galli,
named it the 'hot box' and patented it in Germany and the US.
Its Russian origins were later forgotten.
KBB
and Expotile 2008
are
Moving.....
KBB
incorporating Expotile, the kitchens, bathrooms and tiling industry event,
will be held at a different time of year from 2008. The event will continue
to be a part of The Interiors Event in January 2006, but the biennial
event will move to the 9-12 March in 2008, situated in Halls 6, 7 and
17 - 20 at the NEC, Birmingham.
The move of KBB incorporating Expotile is a result of research within
both industries, which has found that the event would serve the industries
better at this time of year when buyers are looking to source new products
for the season ahead. With approval from exhibitors, KBB incorporating
Expotile now has the chance to grow even bigger, utilising the space of
an extra hall in 2008.
Andy Braid, Event Director comments, 'We feel that bringing KBB incorporating
Expotile forward in the year will not only please our visitor audience,
giving them an even better opportunity to source the new industry launches,
but also gives us a chance to grow into an even bigger and better event!'
KBB incorporating Expotile 2006 will take place from 22-25 January 2006
at the NEC, Birmingham. Please visit http://www.kbb.co.uk
for more details.
Bristan
Starts Building New Tamworth HQ
As
Bristan is putting down new foundations for company growth through its
sales and product development activity, the physical foundations of Bristan's
future growth are already going in.
To facilitate growth in the company the long-awaited, new Bristan Group
Headquarters in Birch Coppice, Tamworth, just a few miles from the current
Bristan site, is now well underway. The building itself will be 220,000
sq ft, that's equivalent to over 8 football pitches and over four times
the size of the current premises. The overall site is 10 acres, the equivalent
of 16 football pitches.
Thanks to frenetic activity on the early stages of the building work the
project is currently well on schedule for completion in August 2006 for
staff relocation.
The site has been a hive of activity since the heavy machinery moved in
and groundwork on the project began in September. Already drains and foundations
pads are in for most of the building and the all the foundation bases
which are to receive main steelwork have now been cast. In fact much of
the main steel structure has already been erected.
Managing Director of Bristan Roger Williams and Chief Executive Steve
Lee visited the site to monitor progress first hand and Roger commented:
We visited the new Bristan site just 9 weeks into the build and
the steel work is already almost complete to the main building. The progress
has been very fast and it is very exciting to see the new Bristan building
taking shape and you can now imagine just what a superb site this is going
to be for Bristan in the future.
Tel: 0870 4425555
Web: http://www.bristan.com
Picture:
(Left) MD of Bristan Roger Williams and Chief Executive Steve Lee don
their hard hats to visit the new Bristan site
J&J
Ormerod Launches Entry-Level eco Kitchen Range
J&J
Ormerod PLC, the independent UK manufacturer of kitchens and bedrooms,
will be launching its new eco kitchen range at KBB 2006. These new entry
level kitchens will enable kitchen retailers, builders' merchants and
contractors to offer the quality of kitchen associated with J&J Ormerod
and its existing Colonial kitchen brand at a competitive price.
Prices
for an eco sink base start at £75 including VAT. J&J Ormerod
will also be offering a trade discount which will allow retailers to offer
lower priced, quality kitchens with no loss to the generous margins currently
enjoyed with J&J Ormerod Colonial kitchens. The company says that
the eco range will also enable retailers to successfully compete with
the kitchen joinery trade centres to offer builders higher quality and
lower cost kitchens.
The eco range encompasses 12 new door designs in four different colourways
which are all available on a standard carcass. The range offers over 50
different unit sizes to complement almost any kitchen design. The eco
product line features a large selection of unit widths combined with extra
drawer pack widths for optimal use of kitchen storage space.
The eco kitchens can be enhanced using the full collection of Colonial
accessories as additional extras, including shelf lights, halogen downlights
and over 100 different handles, to create a look that fits around any
taste and lifestyle.
J&J Ormerod places a special focus on customer service and support.
As a consequence, by purchasing the eco range, a dealer can purchase value
kitchens without compromising on the levels of service that it has come
to expect under the Colonial range. In fact all national deliveries of
the new eco range are guaranteed within 24-48 hours!
J&J Ormerod is a corporate member of the KBSA (Kitchen Bathroom Bedroom
Specialist Association), a long term member of ASFI (Association of Suppliers
to the Furniture Industry) and a supporter of FIRA (Furniture Industry
Research Association).
Tel: 01706 877877
Email: npeters@jjoplc.com
Zip
HydroTap Launches in Triple Style
In
a series of high profile launch events this month, Zip Heaters (UK) Ltd
unveiled its new HydroTap - the kitchen appliance that instantly delivers
both freshly filtered boiling and chilled water from the same unit.
Zip
is currently known for its extensive commercial range of boiling and chilled
energy efficient drinking water appliances, but has now made the technology
available to the interior designer and individual homeowner. The domestic
HydroTap will be marketed as the lead product within the Zip Designer
Range a range of filtered drinking water systems specially designed
for the domestic sector.
The three events took place from 29th September to 10th October and saw
the company announce the arrival of its new energy-efficient HydroTap
during afternoon tea at The Ritz, whisky tasting at The RAC Club (pictured)
and an evening reception with the Australian High Commissioner. The three
events were enjoyed by a mix of leading kitchen and interior designers,
specifiers, the media and existing customers.
Jim Foxall, Managing Director at Zip Heaters said: 'The HydroTap is a
truly revolutionary product and we wanted the UK to know it had arrived
in style. We wanted to make an impact.
'The new HydroTap and in fact, the entire Designer Range is completely
new to this country but has been tried and tested with phenomenal success
in Australia, the home of our parent company. Therefore we knew that it
would impress but its still been extremely rewarding to see so many
enthusiastic supporters at the three events.'
HydroTap is just the latest in Zips range of boiling, chilled and
ambient water appliances.
For further information about the commercial HydroTap visit http://www.zipheaters.co.uk
or for the Designer Range including the domestic HydroTap
visit http://www.zipdesignerrange.co.uk
Consumer
Microsites Boost Belling's New Advertising Campaign
Belling
has launched a new consumer advertising campaign aimed at appealing to
a new younger generation of Belling users and designed to drive customer
pull through for retailers.
The latest adverts can be spotted over the next few months in woman's
national consumer titles such as Red, She and BBC Good Homes, and reflect
the fresh lifestyle approach and repositioning of the new Belling models
as a real family brand.
Expanding on the 'Belling think of everything' theme each of the five
adverts reflects a different situation where an effortless meal has been
cooked to celebrate an occasion or achievement.
For example, the first campaign features a woman who has slimmed into
her favourite jeans being cooked a stir fry by her boyfriend, the second
depicts a man who has survived meeting his girlfriend's mother for the
first time through to a child who has survived their first day at school.
Aimed at creating interactive appeal, the adverts also have their own
individual microsites which features the recipe depicted in the advert,
tips and hints and further details about the products. These microsites
can be visited at http://www.favouritejeans.co.uk,
http://www.meetingthemother.co.uk,
http://www.dumpedatnine.co.uk,
http://www.firstdayatwork.co.uk
and http://www.firstdayatschool.co.uk
and each link back to the main Belling website.
For further information Belling's complete cooking appliance range visit
http://www.belling.co.uk
or call 0870 458 9663 for a brochure.
Hotpoint
7kg Washer £2m TV Ad Campaign
Hotpoint
and Ariel launched their latest high profile TV advert on 15th October,
which is set to run till the end of the year. The £2 million ad
campaign showcases Hotpoint's new 7kg Ultima washing machine with a clear
message that together with Ariel, Hotpoint makes laundry life easier.
The
ad shows just how easy it is to relax while a Hotpoint washing machine
and Ariel do the hard work. Featuring appliances from Hotpoint's Experience
built-in range, the ad is set in a kitchen focusing on the Ultima WT965
washing machine, which in the ad works like a jukebox.
Ariel tablets are dropped into the dispenser drawer like coins and selecting
the programme chooses the track. Zooming in on the controls the ad highlights
the 7kg family load, Super Silent Wash operation and the 30ºC Cool Wash
Programme.
Once the cycle begins the washing looks like a record turning in the drum
and the Lionel Richie classic Easy like Sunday morning plays
while a woman sits back and relaxes with a magazine.
Tel: 08701 50 60 70
Web: http://www.hotpoint.co.uk
3,040
Students from 88 Countries Compete for Electrolux Design Lab Award
The
design competition, Electrolux Design Lab, has attracted a total of 3,040
design students from 88 countries around the world. The contest, entering
its third consecutive year, is designed to encourage students from around
the world to design household appliances for the future.
In this third edition, the Electrolux Design Laboratory is seeking solutions
for the home of 2020. The entries will be judged based on their design
and innovation in terms of both functional and technological aspects,
with a strong focus on solutions for real problems in everyday life. The
winner will be announced at an event in Stockholm on November 14th 2005.
This year's line-up of jury members include:
Paola Antonelli, curator in the Department of Architecture and
Design at The Museum of Modern Art in New York
Johnny Grey, a leading and influential kitchen designer
Ilse Crawford, founder of the British Elle Decoration and Bare
magazine
Mark Armstrong, Managing Director of Blue Sky Creative in Australia
Raul Pires, head of exterior design for Bentley
Henrik Otto is Senior Vice-President of Global Design at Electrolux
Cathy Huang, Industrial Designer, China
Registered participants are primarily students of industrial design and
architecture, but also interior design, graphic design, interactive design
and fashion.
Web: http://designlab.electrolux.com
Clyde,
Ohio - Chosen for New Manufacturing Site
Fisher
& Paykel Appliances is to locate its new manufacturing facility in
the United States in Clyde, Ohio. In July this year the Company announced
that it would be relocating its Smart Drive clothes washer line that is
currently located in Cleveland, Australia and a motor manufacturing line,
located in Auckland, New Zealand, to a North American site.
'Clyde is central to our major customers in the USA,' said John Bongard,
CEO and Managing Director, 'our motives for moving to an American location
were to reduce costs of production, freight and working capital associated
with supplying that market, and this can be achieved by being in Ohio.'
Clyde also offers a good infrastructure with a number of companies capable
of supporting the production of washing machines and motors that will
be manufactured on the site.
The plant is expected to be operational by the end of the current fiscal
year.
Fusion
Four - The New Hydromassage System from Victory Spa
Victory
Spa has announced that all its products will now incorporate 'FusionFour'
technology - the bringing together of four performance features.
Victory
Spa has worked with physiotherapists to develop its FusionFour system,
which is built around four principles with the object of providing a healthy
massage rather than a merely pleasant experience. Turbo and SuperTurbo
jets mix air with the water, thereby oxygenating the body as well as massaging
it. The company says that this is important as water massage alone,
while relaxing and promoting inner health, does not address mental and
cosmetic health which the air bubbles nurture.
The second feature of Victory Spa's package is related to the Free Flow
of Water. Unlike most hydromassage baths, where water is supplied to the
jets via a network of 32mm wide pipes, Victory Spa baths benefit from
the use of wider, 50mm pipes to supply all hydrojets. It's all about
the balance and flow of water says Victory Spa's Caroline Olsen.
It stands to reason that the wider the pipe, the greater the flow
of water and the deeper and more effective the resultant massage.
Victory
Spa has also experimented with diverse jets designed in conjunction with
an in-house team of physiotherapists and the result is that all baths
come with three types of strategically placed jets, each specified for
its capacity to maximise the benefits of hydromassage. Maxi -adjustable
jets are positioned along the side of the bath, Midi-rotational jets pummel
the feet while Mini-rotational jets are reserved for the back, an area
where the use of maxi jets would not be advised. In combining diverse
jets in this way, Victory Spa believes it is unique in the market place,
since most manufacturers fit a 'one size fits all' single sized jet. Furthermore,
Victory has sought to bring the benefits of reflexology and shiatsu to
its products.
Finally, Victory Spa offers baths that can not only combine pressurised
air with water but also offer 'water' or 'air only' massages to suit the
individual requirement of the user at a given point in time. Since air
and water massages offer entirely different treatments, this facility
automatically adds value to the Victory Spa range.
Caroline Olsen says FusionFour really is a unique package that sets
our products apart from the competition and we believe it sets the standards
for the industry. While other brands incorporate some of the technologies,
none combine them all the way we have done and as a result we believe
we lead the market in terms not only of performance but also value for
money.
Tel: 01652 659 600
Web: http://www.victoryspa.net
Lathams
Goes with the 'Flo'
A
young furniture designer recently got a helping hand from James Latham,
when the timber distributor supplied a selection of panel products for
his cutting edge table.
Philip
Inchley's 'Flo' table was designed with modern day living in mind, as
it is Suitable for multi-purpose use, such as dining, work and play. The
table was showcased at this year's 100% Design Show, 'Off the Hook' in
Brick Lane and the Valencia Furniture Fair in Spain.
The smooth table top slides from left to right to allow the storage of
a laptop, for example, and enables the table to be changed quickly for
each different use. The table is also economical to produce, can be flat-packed
and is suitable for most lounges, kitchens and dining rooms.
Lathams supplied Philip with sheets of 16mm veneered MDF, in decors of
Oak and Black Walnut, as well as edging to go with each of the boards.
Latham's group panel products director Chris Sutton, says, This
table was made to a really innovative design, and something that you can
see being a real asset in today's homes, which are now more commonly used
not only as living space, but also to run businesses or home enterprises.
Philip adds, I would like to thank James Latham for sponsoring me
by supplying the product I needed. It was a great help in getting my furniture
design showcased properly, and it will hopefully continue to be a successful
project for me.
Philip graduated recently with a BA Hons in Product and Furniture Design
from Ravensbourne College of Design and Communication in Kent. He is currently
making standard orders of the 'Flo' table in oak, black walnut and colour
finishes until he finds a manufacturer who can take on the design.
James Latham continues to add to its extensive range of panel products
and high quality hardwoods, softwoods and timber flooring products. For
further information or to receive a brochure or product guide, please
contact the marketing department by phone on 0116 257 3415, e-mail at
marketing@lathams.co.uk,
or visit http://www.lathamtimber.co.uk.
Trade
Mouldings Launches Quality PVC 5-Piece Doors
Following
a £1.5 million investment in a factory extension and state-of-the-art
production line, the producer of wrapped mouldings and pressed kitchen
and bedroom doors, Trade Mouldings, says that it has now become the UK's
first manufacturer to produce exclusively PVC 5-piece kitchen doors.
The
new line is a fully automated combination of specialist machines. These
will produce high quality 5-piece PVC doors with 22mm x 90mm rails and
stiles. These enclose an 8mm PVC laminated centre panel and all are bonded
with high grade PUR adhesive giving heat and water resistant properties.
Initial stock colours for nationwide distribution with no minimum order
quantities from Trade Mouldings' distribution centres at Cookstown, Dublin
and Greater Manchester will be Maple, Beech, Walnut and Calvados. However
the new line is capable any colour to customer specification for volume
orders.
The four new doors will take Trade Mouldings' stock range up to 30 kitchen
and 6 bedroom doors.
The new line consists of a super-fast Koch S-250 automatic (adjustment
to length) cross cut saw which sizes the different rails and stiles from
the PVC wrapped mouldings that are produced in another part of the Trade
Mouldings factory.
The rails are then fed into a Koch Endmaster P combination machine which
automatically applies a heat transferred foil to the edges of each rail
end (so the substrate is not exposed on the delicate chamfer of the joint
when the door is assembled). The rails then move on to the next station
on the machine where they are end drilled and the glue and dowels are
automatically inserted before the rails are returned on an under-conveyor
to the single operator for off-stacking and quality control. This machine
is capable of processing up to 25 pieces per minute.
A
different Koch Endmaster K combination machine processes the door stiles
by end capping them with 0.4mm PVC tape and then drilling the receptacle
holes for the dowels held in the rails. Again this is a fast, single-pass
machine returning the completed components to the single operator at the
same rates as its sister machine.
The pre-laminated PVC centre panels are cut to size on Trade Mouldings'
beam saws and then all 5 pieces (2 rails, 2 stiles and 1 centre panel)
are fed into the relevant stations of a unique, fully automatic single-pass
assembly centre manufactured by Process of Italy.
In the assembly centre the centre panel is inserted into the grooves of
the top and bottom rails and the semi-completed door then turns through
90 degrees and moves on to receive the left and right stiles whose drilled
holes are injected with adhesive before the railed centre panels are pressed
into place and the completed door delivered via conveyor to the outfeed.
All machines adjust to size fully automatically and each only requires
a single operator for setting, infeed and offstacking with quality inspection
in-process.The line is capable of producing thousands of doors per week.
Trade Mouldings' Sales Director, Damien Connolley says that the new 5-piece
production completes the Trade Mouldings product portfolio of vinyl wrapped
doors, solid wood ranges, the recently introduced high gloss doors, and
now the 5-piece collection in high quality PVC.
Naturally the Cookstown factory continues to produce the wrapped mouldings
and all the other accessories to a match for kitchen manufacturers of
any size.
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