House
Price Index - May 2005
The UK house price inflation rate fell from 6.9 per cent in April 2005
to 6.0 per cent in May 2005. Mix-adjusted prices rose by 0.5 per cent
between April and May 2005, compared with a rise of 1.3 per cent seen
over the same period in 2004.
The rise in UK prices between April and May can be largely attributed
to rises in the prices of terraced and detached houses which both rose
by 1.0 per cent. Prices for flats remained constant, with average bungalow
and semi-detached prices falling by 0.9 per cent and 0.2 per cent respectively.
*
The mix-adjusted average house price in the UK in May 2005 stood at £182,651,
up from £181,832 in April 2005 (not seasonally adjusted).
* UK annual house price inflation in May 2005 was 6.0 per cent, down from
6.9 per cent in April 2005. Annual house price inflation in London was
1.6 per cent in May 2005, down from 2.7 per cent in April 2005.
* The UK annual house price inflation rate for the 3 months to May 2005
was 8.4 per cent and 4.6 per cent in London.
All the home countries saw a fall in annual inflation in May. The inflation
rate in England fell from 6.0 per cent in April to 5.3 per cent in May.
Over the same period, in Wales the rate fell from 15.9 per cent to 13.8
per cent; in Scotland the rate fell from 14.3 per cent to 11.8 per cent;
and in Northern Ireland the fall was from 10.7 per cent to 9.3 per cent.
House price inflation fell in all regions except Yorkshire & the Humber
between April and May. The highest inflation rates in England remain in
the north, in Yorkshire & the Humber (12.3 per cent), North West (12.2
per cent), North East (11.1 per cent). Inflation rates in West Midlands
and East Midlands are currently 8.6 and 7.1 per cent respectively. Inflation
was between 3 and 4 per cent in the East, South East and South West regions.
The lowest inflation rate is in London, where inflation fell from 2.7
per cent in April to 1.6 per cent in May.
House Prices: Regional
Mix-adjusted average house prices in May were £191,623 in England,
£147,077 in Wales, £124,422 in Scotland and £125,321
in Northern Ireland.
The English region with the highest average house price in May remains
London at £264,505. The region with the lowest average price was
the North East at £130,474.
Only the East, London, South East and the South West had average prices
above the UK average.
House Price Inflation: Type of Buyer
The UK house price inflation rate for first time buyers fell from 9.8
per cent in April to 7.7 per cent in May. This was due to a rise of only
0.1 per cent in prices between April and May in the properties bought
by first time buyers, compared with a rise of 2.0 per cent seen over the
same period last year.
The inflation rate for former owner occupiers fell from 5.8 per cent in
April to 5.4 per cent in May. This was due to a rise of only 0.6 per cent
in prices between April and May in the properties bought by former owner
occupiers, compared with a rise of 0.9 per cent over the same period last
year.
The average price paid by first time buyers across the whole of the UK
was £150,259 in May, while the average price paid by former owner
occupiers was £197,313.
Wolseley
Profits up 15% for 11 Months to June
Wolseley plc, the world's largest specialist trade distributor of plumbing
and heating products to professional contractors and a leading supplier
of building materials, issues its regular trading statement for the 11
months to 30 June 2005, prior to entering its close period. It also announces
details of a further eight acquisitions for an estimated combined consideration
of approximately £171 million and restates its first half results
for the six months to 31 January 2005 in accordance with International
Financial Reporting Standards ('IFRS').
The preliminary results for the 12 months ending 31 July 2005 are due
to be announced on 26 September 2005.Business conditions in the Group's
principal markets have been broadly in line with comments made in the
Interim Results statement on 21 March 2005. As expected, the rate of growth
in the second half of 2005 has been slower than in the first half due
to the strong comparators in the second half of 2004, the absence of commodity
price gains in products such as copper, steel, plastics and lumber and
a slowing in the UK market. During the second half, investments in human
resources, logistics and new branches have been accelerated to position
the Group for continued growth.
The Group's results for the first 11 months to 30 June 2005 show a strong
increase in sales and profits driven by high rates of organic growth in
North America and good growth in the UK, albeit at a slower rate in recent
months. The markets in Continental Europe continue to be broadly flat,
although all of the Group's businesses showed sales growth. The Group's
trading margin for the period is also ahead of the equivalent period in
the prior year.
After currency translation and including the effect of acquisitions, Group
sales for the 11 months to 30 June 2005 were up by more than 10% and trading
profit up by more than 15% on the same period in 2004. The adverse currency
translation effect was approximately £292 million on sales and £18
million on trading profit, broadly representing an additional 3% on the
reported sterling figures.
US Building Materials Distribution
US Building Materials sales in US$ were up more than 15% for the first
11 months and trading profits up by more than 25% compared to the equivalent
period in the prior year. Organic sales growth was more than 10%.
The continued strength of the US housing market is illustrated by the
level of housing starts which remain robust at between 1.8 million to
2.1 million per annum and the inventory of unsold houses at around 4.2
months, which compares favourably to the long-term average of around 6
months.
Commodity lumber prices, which directly affect approximately 35% of Stock
Building Supply's product range, held up well in the period. For the 11
months to 30 June 2005, average lumber prices of $402 per thousand board
feet were 7% up on the prior comparable period average of $374 per thousand
board feet. The increased sales benefit from higher lumber prices was
almost entirely offset by the 20% price decline to $406 per thousand square
feet in structural panels, which directly affect a further 13% of Stock
Building Supply's product range. Lumber and structural panel prices are
currently slightly lower than a year ago.
Both the trading margin and the return on capital of Stock Building Supply
are showing substantial increases on the prior year.
European Distribution
In European Distribution, sales and trading profit in the 11 months to
30 June 2005 in sterling were both up by around 10% compared to the same
period in the prior year, with the trading margin improving slightly.
Wolseley UK has continued to outperform a slowing UK market with sales
and trading profit both showing double-digit increases for the 11 months
to 30 June 2005. More than 5% of the sales growth was organic. The commercial
sector, including government spending, continues to show a positive trend.
The trading margin was negatively impacted by the higher pension, rebranding
and restructuring costs that were announced previously. Property gains
of around £10million have been realised in the 11 months to 30 June
2005.
In France, government tax incentives underpin growth in the new residential
market, but repairs, maintenance and improvement ('RMI'), the principal
driver of both Brossette and PBM, continues to show only marginal growth.
Brossette's results continue to reflect the disruption caused by its reorganisation
of the branch and management structure and distribution network. For the
11 months to 30 June 2005 sales were up only slightly compared to the
similar period in the prior year, whilst profits were down. PBM performed
in line with expectations with local currency sales up more than 3% and
the trading margin improving.
In the rest of Continental Europe there was a mixed picture with all of
the Group's businesses showing sales growth, despite most markets remaining
broadly flat.
During the period the decision was taken to invest Euro20 million in a
new central distribution centre in northern Italy to support the growing
business there, following the acquisition of Iser Zauli in January 2005.
Work is also
progressing on Wolseley UK's new national distribution centre in Leamington
Spa. These facilities are expected to be completed around autumn 2006.
Outlook
Market conditions in North America are expected to remain strong for the
foreseeable future. Although the market in the UK has slowed in recent
months, the Group expects its UK business to continue to show modest growth.
In Continental Europe the Group's principal markets are likely to remain
flat.
Acquisitions Update
Since Wolseley's last acquisitions update announcement on 7 April 2005,
an additional eight distribution businesses in Europe and North America
have been acquired for an aggregate consideration of approximately £171
million in cash,including an estimated amount for consideration relating
to earn-out arrangements based on future profits.
These acquisitions bring Wolseley's total spend on acquisitions, including
debt acquired, since the beginning of the financial year, to approximately
£430 million. In total, the 26 acquisitions completed to date are
expected to add approximately £771 million to Group turnover in
a full year. Goodwill related to these 26 acquisitions is estimated to
be around £213 million.
These additional eight acquisitions have been made from a variety of individuals,
trusts, companies and other business entities. Further details are set
out below.
Charlie Banks, Group Chief Executive of Wolseley, said:
'We are on track to achieve another good performance across our businesses
this year. Our principal operating companies continue to successfully
increase their local market shares and improve their financial performance.
Although Europe remains slow, the three North American businesses all
enjoyed record monthly sales in June and this encourages us for the months
ahead. Furthermore, the acquisitions and other investments we have announced
today provide a further platform for future growth.'
Rapid
Frame Teams up with aluplast
Rapid Frame has chosen aluplast as its PVC-u window and door system supply partner as the Walsall based trade fabricator moves into another phase in its development.
Rapid
Frame sees the new Ideal 70 system from aluplast as the perfect product
for the development of its ‘Formula One Range’ ; Rapid Frame's
own fully branded trade supply package. The Formula One Range combines
leading edge products with a full marketing and business support package.
‘Our approach is quite simple and direct’ says Rapid Frame Managing
Director Martin Corcoran, ‘we support our customers by offering a
complete business partnership and branded package and we always treat
our customers as we ourselves would like to be treated’.
The
Rapid Frame and aluplast teams get together at Rapid Frame HQ, Walsall.
Left to Right Alan Fielder, Pete Cobb (both aluplast (UK)), Andy Young
(Rapid Frame), Patrick Seitz (aluplast GmbH), Martin Corcoran, Barry Parker
(both Rapid Frame), Steve Couchman (aluplast (UK)).
Why
aluplast? ‘We had enjoyed a good working relationship with Schüco
since we started, and while we were considering offering a 70mm product
to our line up it had never really entered our heads to leave them’
explains Martin. ‘When they announced their decision to stop PVC-U
supply in the UK we obviously needed to find a new partner to help us
continue moving forward to achieve our business ambitions’. ‘We
took a good in-depth look at the market and at the various supplier options
available to us, visiting several systems houses in the process’
‘No-one could fail to be impressed by the new aluplast Ideal 70 system
as a product but equally importantly at aluplast we have found people
we know we can work with; like minded, focussed and conscientious people
with whom we can do business and achieve our objectives.'
Martin
Corcoran, left, Managing Director of Rapid Frame Limited receiving his
aluplast Approved Fabricator certificate from Patrick Seitz, Director
aluplast GmbH.
aluplast
commercial director Alan Fielder comments ‘Rapid Frame is a business
we have admired from a distance for quite some time and we are absolutely
delighted to be working with such a dynamic and progressive outfit.
‘Everyone at Rapid Frame is so positive and enthusiastic about the
business and their contribution to it’ continues Alan ‘It really
is a pleasure and a privilege to work alongside people with such clear
direction and commitment and we at aluplast look forward to playing our
part in the continued success and progress of Rapid Frame’.
The new Formula One Range features windows and doors fabricated form the
new Ideal 70 system. The range includes internally or externally glazed
casement windows tilt and turn windows, inward and outward opening doors
and french doors. All products have fully featured Ovolo profiles with
matching single leg knock-in glazing beads. The Formula One Range features
70mm 5 chamber profiles for thermal performance and ease of installation
and is available in white, rosewood and golden oak finishes.
The Formula One Range is backed by a comprehensive business support package
that includes a Financial and Business Planning service, an extensive
range of Formula One branded consumer literature, marketing support packages,
showroom design service and point of sale material, integrated sales software,
a full range of product samples, comprehensive technical support and a
new web site service.
Installers can find out more about the Formula One Range by calling Claire
Parker on 0800 195 9041.
Pilkington
to Acquire Autostock Distribution - US Automotive Aftermarket Glazing
Network
Pilkington
announced on 15th July that it has entered into an agreement to acquire
the US assets of Autostock Distribution, with an asset value of around
$US 18 million. Autostock Distribution is a glass distributor with 21
locations in the United States. In addition to distributing automotive
replacement glass for all makes and models of domestic and foreign vehicles,
it supplies a wide range of automotive aftermarket accessory products.
The acquisition was expected to complete on Monday 18th July 2005.
This acquisition will further strengthen Pilkington as the market leader
in the distribution and wholesale automotive glazing aftermarket in North
America. Today, Pilkington, through its automotive glass replacement business,
distributes parts for virtually every vehicle type in the North American
market.
Pilkington Group Chief Executive Stuart Chambers said 'This acquisition
is another step in our transition to Stage 3 of our three-stage 'Cash
for Growth' strategy - identifying opportunities for profitable growth
in our existing businesses.'
Following
the recent Appeal Court ruling, Ultraframe has seen significant increases
in sales of the company's Ultralite® 500 system. The company has already
geared up to fulfil the increased demand and additional Ultralite 500
brochures are available for all customers.
The expected injunction has now been issued, making it illegal for Eurocell
to sell their infringing Pinnacle 500 roofing system.
Nick Brown, Ultraframe (UK) Ltd Sales Director: 'We are aware that the
decision will give companies who stock and sell Pinnacle 500 immediate
supply problems and we would like to work with them to help resolve the
issue. We would be delighted to explore the possibilities of supplying
Ultralite 500 and demonstrate our new business philosophy face to face.
'Ultralite 500 is the original 'roof in box'. The BBA accredited roof
offers a value for money and lightweight roofing system. Ultralite 500
is designed with a host of innovative features, including a 2 Þ degrees
pitch, the lowest attainable in a practical on-site application, built
in ventilation as standard, and a U value of 1.9, making it the ideal
roof for domestic and commercial use.
'Quick and easy to install, the roof is a free spanning system with integral
aluminium strengthening bars that can span up to 4m before additional
purlin supports are required. Ultralite 500 is suitable for timber, aluminium
or PVCu frames. Further installation options available include a fascia
fixing kit and a box gutter solution making Ultralite 500 the most flexible
solution for all your installation needs. The roof is also suitable for
use with Conservaflash. Unique to Ultraframe, Conservaflash, is a fast
and simple flashing system saves up to an hour on each installation.'
For your copy of a technical brochure or talk to a member of the Ultraframe
sales team call 0870 414 1007 or mailto:sales@ultraframe.com
Further
Expansion for Birmingham Glass Services
Deceuninck
Status fabricator-installer, Birmingham Glass Services has recently moved
into larger premises to cope with the increased demand for zendow window
and door products. The new manufacturing facility in West Heath, Birmingham
is just a mile away from the company's former Northfield site but a world
away in terms of capacity and potential. Commercial Manager, David Carson
explains, ‘We simply had to find a larger factory following the exceptional
growth in trade and retail sales we experienced when we changed to System
zendow last October’.
The
new 6500 square feet factory opened at the beginning of May and has more
than doubled Birmingham Glass Services manufacturing capacity.
The new premises consist of a large manufacturing facility, two storey
offices and a trade counter incorporating a showroom. David Carson describes
the move, ‘The Deceuninck Status team were a tremendous help when
we were setting up the new site. They assisted us in designing and developing
a factory layout that simplified production processes, reduced product
handling and maximised the production capacity. The beauty of the new
building is that it gives us scope for further expansion in the future’.
Birmingham Glass Services switch to zendow resulted in immediate growth.
Retail consumers preferred zendow because of its contemporary appearance
and low visibility grey weatherseals. This reflected independent comparison
tests conducted by ICM where four out of five consumers chose zendow products.
Customer satisfaction statistics also improved with customer ratings of
good to excellent improving from 94% pre-zendow to 97% post-zendow. Referrals
benefited too, from 71% to 81% on the back of improved customer satisfaction.
This helps support Birmingham Glass Services business philosophy of providing
a quality job at competitive prices. Even the more cynical, price responsive,
trade customers saw the benefit of a better-looking product that was easier
to sell and install, with trade sales increasing.
The final word belongs to David Carson, ‘No matter who the customer
is, if we can get them across the doorstep we can sell zendow to them’.
High praise indeed from Birmingham Glass Services, which feels that the
company has now found a profile supplier with whom it can form a genuine
trading partnership for mutual business development.
Tel: 0121 477 9799
Email: mailto:enquiries@birminghamglass.co.uk
Premier
Conservatory Roofs Puts Customers First
K2
dealer, Premier Conservatory Roofs Ltd says that it has been continuing
its efforts to become one of the South-West's leading fabricators for
quality and customer service over recent months.
Last
year, the company which was established in 2000, moved into new 8,500
sq ft premises and recruited additional staff - effectively increasing
its capacity and its ability to offer customers the products they need,
when they need them. Now the business has further expanded its workforce
and its fleet of delivery vehicles.
Specifically, Premier has bought an additional Iveco long wheelbase, high
top Daily van. This purchase will play an instrumental role in an established
and reliable delivery operation that already serves customers across the
South-West and as far afield as Mid-Wales, London, Poole and Hereford.
Comments David Collier, Managing Director of Premier Conservatory Roofs:
‘The additions to our fleet and our team are just the first of many
inward investments planned for the imminent future. Our aim is simple.
To shape Premier into an operation that sets the standards for others
to aspire to.’
Darren Adcock, another of Premier's directors continues: ‘There's
no denying that Premier Conservatory Roofs has already achieved much in
its five year history. That said however, we're not about to become complacent.
‘Instead we are intent on investing a significant proportion of our
profits back into the business to ensure a better quality product and
a better standard of service for our customers. Ultimately, these individuals
and organisations always have been - and always will be - our number one
priority.’
To contact Premier Conservatory Roofs Ltd telephone 0117 956 5000.
Open
Day at Eurocell Peterborough
Eurocell
Building Plastics at Peterborough is to hold an open day on Thursday,
July 21st. The event, which will be staged in a marquee outside the company's
Saville Road, Westwood site, will feature a number of trade stands and
a barbecue.
Visitors will be able to ask the professionals everything they need to
know about the products and services offered by companies like Eurocell,
Rhodia Sealants and Coatings, DeWalt Power Tools and Comfyair Air Conditioning
Units. The event ties in with the launch of Rhodia's latest flat roof
coating system and visitors will be able to see the latest technology
in air conditioning for homes and conservatories, as well as the upvc
alternative to decking.
Eastern Divisional Sales Manager Kevin Dunderdale, one of the event's
organisers, said the event was not just targeted at new customers, but
also aimed at educating existing ones about additional products.
'Many customers don't realise the scope of what's on the market and this
will be the chance for them to see everything, ask questions and talk
to our sales team,' he said. 'We are expecting the event to attract a
number of new customers as well as building on relationships we already
have.'
Refreshments will be available and there will be a free draw to win a
DeWalt cordless hammer drill worth £250. A similar event at Eurocell's
Grimsby centre recently attracted a stream of visitors throughout the
day.
Eurocell Building Plastics recently doubled floor space and trebled the
size of the trade counter at its busy Peterborough branch. The move has
seen the branch expand to take on a neighbouring unit at its Saville Road,
Westwood site, increasing storage capacity from 4,000sq ft to 8,000sq
ft, and enabling it to increase its stock holding of Pinnacle 500 and
a number of popular roofline products.
Serving customers as far afield as Stamford, Kings Lynn and Cambridge,
Eurocell Building Plastics' Peterborough branch first opened its doors
around eight years ago, and continues to serve a diverse range of customers,
including window and conservatory installers and fascia fitters.
First
the US, then the UK… Now Super Spacer Impresses Vulcan!
When
Vulcan Windows saw Edgetech’s stand at Düsseldorf Glass Exhibition,
Sales Director Dave Proctor realised the Edgetech Super Spacer® boldly
went where no spacer had gone before. ‘I was very impressed, and
when Oakland Glass, our glass unit supplier suggested switching to Edgetech
Super Spacer, we were delighted. Oakland is even supplying the new glass
units incorporating Edgetech Super Spacer at no extra cost. We’ve
always tried to differentiate ourselves from other installers and offering
the latest technology with all its energy saving benefits made perfect
sense. Although we don’t have many glass units fail the spacer bar
is usually the weakest point of a window. Even one failure is enough to
lose profit on a job, but with Edgetech’s continuous spacer system,
the chances of failure are significantly reduced. Tests have shown that
Super Spacer outlasts standard aluminium spacers by up to five times.
‘We buy approximately 1,500 units per week from Oakland. We have
also invested in an air float manufacturing table which is capable of
producing up to 200 units a day. This is especially useful for unusual
or bespoke designs, and for any breakages when remakes are required immediately.
‘The advanced aesthetics of Super Spacer fit perfectly with one of
the best looking windows on the market which we’re launching in the
next month. With its stylish low lying gasket and ovolo, we plan to market
it as the most up-to-date and thermally efficient on the market, thanks
to Edgetech and Super Spacer.’
Tel: 02476 705570
John
Fredericks Appoints New Managing Director
Trade
fabricator John Fredericks has appointed Kevin Hill as its new managing
director.
The high profile appointment coincides with the company's enhanced strategy
to build on its core strengths of product quality and flexible service
and take the business forward in a changing industry.
Kevin joins the company with more than 20 years experience in the building
products sector both in the UK and overseas, bringing the collective experience
of John Fredericks' senior management team to over 100 years.
He spent 12 years with glassmaker Pilkington and has also held general
management and board level positions at Owens Corning, leading French
heating company Chaffoteaux and Baxi Group.
David Fletcher, chairman of John Fredericks, commented: ‘As a business,
John Fredericks recognises that the market is changing and that a customer
facing, commercially-driven strategy is required. By emphasising our core
strengths of quality, service, technical excellence and flexibility, supported
by an extensive and unique product range, we believe that we have the
strategy to exceed customer expectations and increase our strong position
in the market. Kevin is an experienced individual with a strong track
record in building materials at both consumer and trade level. He is well
qualified to lead the business at a challenging and pivotal time in the
industry.’
Kevin added: ‘Many smaller fabricators find it difficult to provide
the customer with a high quality product and a flexible service. As a
long established, well-capitalised enterprise benefiting from economies
of scale, superb technical back up and an unrivalled suite of products,
John Fredericks is well placed to trade successfully in an industry that
is poised for further change. I am delighted to be joining at such an
exciting period for the business and I am looking forward to building
on the company's position of undoubted strength.’
David Fletcher began his career in the engineering and steel industries
and, more recently, was chairman of Atlas Ward. He is also chairman of
Senior Aluminium Systems.
Contact: Kevin Hill
Tel: 01422 314100
Email: mailto:khill@johnfredericksplastics.com
Web: http://www.johnfredericksplastics.com
The
Future looks Bright for Bohle Clearshield
A
profitable first year has been recorded by Bohle ClearShield GmbH, the
Joint Venture between Bohle AG and Ritec International Ltd. Formed to
develop European market opportunities for Ritec's ClearShield glass surface
protection technology, the company has been well received by major glass
processors and manufacturers across Europe. Indeed, it has recently expanded
with the creation of Bohle ClearShield Benelux BV in January 2005, a subsidiary
that covers Holland, Belgium and Luxembourg and is set to become Bohle
ClearShield's European training centre.
Although well established in the UK, Benelux, Germany, Italy and several
other countries, Ritec was looking to expand its European activities and
with Bohle keen to enter the market of glass surface protection, the natural
synergy between the two partners was apparent.
Bohle and Ritec are reported to be delighted with the success of the Joint
Venture. David Croxson, Chief Executive of Ritec International Limited
is Joint Managing Director of Bohle ClearShield and Bohle ClearShield
Benelux with Alfons Donat, CEO of Bohle AG. David Croxson comments: ‘We've
achieved all our targets for the first year of collaboration, the key
objective being increased European market awareness of the ClearShield
System and Low-M Glass’. Sales are in excess of target, a strong
business development strategy is in place and by diversifying our activities
we are penetrating new market sectors, such as photovoltaic cells.’
One year on and Bohle ClearShield continues to enjoy a positive response
from the glass industry throughout Europe, including Austria, France and
Spain. In addition, all Bohle AG subsidiaries can now sell the ClearShield
System as part of the Bohle ClearShield distribution chain. Ritec UK and
Bohle UK are both able to offer ClearShield technology to their respective
customers in the UK. ClearShield offers Bohle UK's large user base an
excellent added value opportunity, while as the developer and manufacturer
of the technology, Ritec UK continues to focus on applications requiring
a high level of technical assistance.
Gary
Dean, Managing Director of Bohle UK with Ritec International Managing
Director Stephen Byers and Director Karen Byers at the G05 awards
Since
the Joint Venture was established, Bohle ClearShield has taken over the
activities and customers handled by Ritec's former German-based subsidiary.
Similarly, the new Benelux subsidiary will now manage the application
and distribution business previously undertaken by Ritec Holland BV. Apart
from this local rationalisation, Bohle AG and Ritec International Limited
are keen to stress that they remain completely independent and separate
companies.
David Croxson concludes: ‘By forming a mutually beneficial JV company,
Bohle and Ritec have been able to promote the benefits of glass surface
protection across Europe and make the technology available to a much wider
audience. The business is trading profitably and by continuing to develop
key market sectors and European countries, we predict an optimistic outlook
for its future expansion.’
Tel: 020 8344 8210
Web: http://www.ritec.co.uk
Astraseal
Invests £1m in Glass Processing
Astraseal,
which is now one of Rehau’s largest fabricators, has invested almost
£1m in the company’s glass processing facilities in a move
designed to further strengthen its position in the trade market.
The
company has installed a Tamglass HT super glass toughening plant at its
Wellingborough headquarters, as well as an automatic spacer bar bending
machine, desiccant filling line and bystronic sealed unit double glazing
assembly line.
Astraseal is already one of only a few PVC-u suppliers in the UK to manufacture
its own sealed units and this new round of investment means the company
now has control of its entire production operation for windows, doors
and conservatories for the first time.
Andrew McKeown, Astraseal’s Managing Director, says: ‘In the
trade market, service is absolutely critical. Customers want complete
consistency in their product quality and availability and they want fast
turnaround times and guaranteed deliveries.
‘By bringing all the production processes in house we have complete
control of our quality and turnaround times and can set new standards
for overall service excellence.’
Astraseal promises a five day turnaround on trade sales and has both the
capacity and expertise to deliver that. The company can produce 14,000
sealed units per week and the new glass toughening plant itself can produce
in excess of 50m2 of toughened glass every hour.
Tel: 01933 227233
Email: mailto:timmckeown@astraseal.com
Consultancy
Firm Offers Expertise in UK and International Glass Markets
David
Woodward, the former Commercial Director for Pilkington Building Products,
has established Global Glass Consult (GGC) to provide a range of advisory
services to companies involved with the flat glass market.
A
graduate in business studies, David is one of the industry's most experienced
individuals with more than 36 years experience in the flat glass industry
worldwide. Through GGC David now offers a range of services that includes
commercial strategy and policy, business planning, investment projects,
new product development and product/market exploitation. Technical, logistical,
manufacturing and processing projects are also within GGC's remit.
David's achievements and contacts are numerous; he established Pilkington's
first forum for global marketing co-ordination, and until recently was
a long-standing member of the Board of Directors of Groupement Europeen
des Producteurs de Verre Plat (GEPVP) - the European association of flat
glass producers. Contacts with the world's major glass producers are extensive.
One of the key projects in which David held a key responsibility at Pilkington
was the implementation of the company's SAP and Customer Relationship
Management (CRM) systems.
Global Glass Consult can offer a range of services to all sectors within
the flat glass/building products sector worldwide, including:
* Direct ‘hands-on’ involvement in all aspects of commercial
strategy and policy.
* Access to a network of associates worldwide with particular expertise
in the technical, logistical, manufacturing and processing functions.
* Business planning including investment projects, new product development
and product/market exploitation.
* GGC is an independent consultancy able to offer a unique skill-set based
on many years' of international and multi-national experienced senior
figures from the flat glass industry.
‘Running any flat glass related business is increasingly complex,
and under constant pressure from legislation on the one hand, and competition
on the other, from within the glass industry but also other building materials,’
says David. ‘I can now use the experience I gained from working with
one of the world's top glass producers to provide balance and support
for companies facing these pressures, but who perhaps require the additional
objective external resource and expertise to develop strategies with which
to counter them, to compete more effectively, and develop new opportunities.
I believe that the skill set available through GGC is unique.’
Visit http://www.GlobalGlassConsult.com
for more information, or contact David Woodward on 01704 564152, mobile
07802 234923.
Warwickshire
Bowled Over by KEB
As one of the country's leading venues for test and county cricket, Warwickshire CCC has been developing and improving the facilities and infrastructure at Edgbaston County Cricket Ground. Working in collaboration with contractor, B E Brown Builders, KEB Fabrications Ltd has recently supplied and installed high security windows, doors, curtain walling and panelling as part of the stadium improvements.
With work continuing through the cricket season the contract required
close cooperation with the club to minimise disruption to areas such as
the Press Box and the wider public access areas. As well as refurbishing
the main stadium, KEB Fabrications has also contributed to the refurbishment
of the adjacent Warwickshire Colts changing rooms with a new entrance
porch and patio doors. When complete, the contract will have seen most
of the stadium reglazed with high performance windows by KEB Fabrications.
Tel: 0121 555 5533
Email: mailto:lbreakspear@kebfabrications.co.uk
L&M
Glazing Returns to Business Micros
L&M
Glazing, a Nottinghamshire-based trade, retail and commercial window fabricator,
has invested in the Business Micros Evolution software system as part
of its growth plans for the future.
L&M
Glazing has switched from a rival software provider because it felt that
its previous software system was struggling to cope at its current capacity
of around 500 frames per week and wouldn’t be able to drive forward
its expansion in the way that Evolution promises to do.
Mick Pearson, L&M Glazing’s Works Manager, said: ‘We switched
to the Veka PVC-U system at the end of 2004 and have just moved into a
new £1.5m purpose built factory. This is a very exciting phase in
our development and we felt our choice of software was critical.
‘We turned to Business Micros because we had used the company’s
WinStar VB6 in the past and had always been very pleased with both the
software and the service we received and because we had heard such good
things about Evolution.
‘Evolution has the capacity and capability which we need and comes
with the Business Micros promise of solid and secure support.’
Evolution is a complete window manufacturing and management software package.
From scheduling production, programming machinery and controlling stock
to tracking orders, processing invoicing and monitoring deliveries, it
can manage virtually any aspect of a fabrication company’s business.
L&M Glazing switched from WinStar VB6 in 2001 when it was tempted
by an alternative system which promised a simple colour coded interface
and drop down graphics. However, it has failed to live up to the company’s
expectations and has proved unstable at critical times.
L&M has now returned to Business Micros and says Evolution enables
it to move up into a different gear. Mick adds: ‘From the perspective
of a business which is looking to expand, Evolution is the perfect choice.
We are already using it to send our glass and panel orders direct which
we didn’t do previously and Business Micros’ excellent support
team is helping us to adapt and bolt on other additional features designed
to increase both our capacity and our efficiency.
‘We had no hesitation in returning to Business Micros after this
four year break and we have been delighted by the service the company
has so far delivered.’
Tel: 01925 422957
Email: mailto:sales@businessmicros.co.uk
Independent
roofline manufacturer Everwhite Plastics Ltd launches a 21 year guarantee
on all white profiles. Everwhite says that the move gives the longest
guarantee in the industry. It covers against discolouration, warping,
surface irregularities and cracking.
‘We back our products with a first class guarantee’ says Vince
Richardson, Everwhite’s Technical Director. ‘As part of the
registered installer programme homeowners now have a full guarantee for
21 years. This makes Everwhite products easier for installers to sell
knowing they have the extended guarantee.’
Tel: 01685 882 447
J&S
Adhesives Ltd., the manufacturer of Safe2Bond© safe light Bevel Adhesives,
has appointed another distributor, this time in Russia.
John Jackson M.D. of J&S said 'We were approached by Mr Ivan Krouglov
of Kroug who asked to become the Russian distributor for J&S Adhesives.
Our research showed 'Kroug' to be one of Russia's longest standing and
respected decorative glazing Companies. Kroug had tried many of the bevel
bonding adhesives available in the UK and rejected them either on quality
or the supplier's lack of product expertise, or both. What Kroug were
looking for was the best product available with expert backing, which
naturally led them to J&S Adhesives'
Contact: John Jackson
Tel: +44 (0) 1526 388388
Email: mailto:info@jandsadhesives.com
Web: http://www.jandsadhesives.com
Keeping
Kids Safe is Child's Play for Masterframe Designers
With
children's safety in mind, Masterframe Windows Ltd, in conjunction with
Caldwell Hardware, has developed a gravity operated limit stop for its
vertical sliders. Available exclusively in Masterframe's Bygone Collection
of high-quality PVC-U sash windows, the company says that it has proven
yet again that safety and great looks can come in the same stylish package.
In keeping with Masterframe's mission to maximise authenticity, the company
says that the new limit stop features a more traditional style compared
to others on the market. The more organic look of rounded edges, combined
with a detailed edge that matches the Bygone cam ensures that style and
safety go hand-in-hand.
The component, which is prominently branded with the distinctive Bygone
logo, is routed into the PVC-U sash jamb to give a smooth finish which
doesn't sit proud of the jamb in the closed position. This ensures that
it can't catch on the bottom sash when it slides past.
Ray Rabett, Masterframe's Technical Manager comments: ‘Safety always
comes first. We've got a great design team that eats, sleeps and breathes
the intricacies of vertical sliders and nothing else. Here's yet more
proof that where an improvement can be made to sash windows, it will probably
come from Masterframe.
‘And by the way, don't forget that good window companies always fit
these in pairs.
‘To find out why, call our sales office on 01376 511211.’
Web: http://www.masterframe.co.uk
Nebula-hesion
Enters its 2nd Year of Success
The
glass-to-glass joint known as nebula-hesion, which is claimed to speed
the installation and aesthetic appeal of glazed partitioning, has entered
its second year of success.
It is claimed that lnfinity Glass partitioning systems will make a real
difference in the workspaces of today and tomorrow. Using this latest
innovation has shown to save valuable time during installation and office
relocation.
Philip Griffiths, Marketing & Development Manager for lnfinity Glass,
is sure that nebula-hesion is a winner. 'Sales have shown it to be very
popular because of its design detail,' said Philip. 'We expect the systems
to be amongst the best sellers very shortly.'
The Cheshire based company is just one year old, but has already reached
an impressive tumover with thanks to a prestigious client portfolio and
is looking to expand its product range further.
Details of lnfinity Glass demountable glazed partitioning systems with
nebula-hesion are available from the company by telephoning 01829 772
445.
Email: mailto:enquiries@infinity-glass.co.uk
Turkingtons
Saves £15,000 pa on Admin Costs Alone Thanks to Profitmaker
Sometimes
it can be hard to quantify in monetary terms the savings that can be made
by choosing the right software. Ian Young, General Manager of Turkington
Windows and Conservatories, a long standing Profitmaker customer has done
the sums: 'We’ve calculated that using Profitmaker software has saved
us up to £15,000 every year just on admin for the last five years
that we’ve been using it.'
'It has become the norm for access to instant relevant data whenever we
want it, like for example, by typing in any customer name, we get instant
access to their complete history allowing us to be better placed to deal
with their enquiry. When you’re managing in the region of 15 large
jobs a week, being organised is paramount. This is something that Profitmaker
allows us to be, and we certainly couldn’t run our business anywhere
near as effectively without it.
'The real value of the product is the enhanced levels of service it helps
us offer. Each year customer satisfaction rates steadily improve - this
year we have an unparalleled 96% customer satisfaction rating.’
Tel: 0870 241 3089
Web: http://www.profit-maker.net
'My
conversion rate of enquiries to sales is about 90% using RoofWright’
claims Jade Construction’s Andrew Seller. ‘My Sales Quotations
include a photo-realistic view of the proposed conservatory and I can
create virtually any design using RoofWright and superimpose it onto the
customer’s house. RoofWright totally complements the way I work –
what you see is what you get’
Ex-Anglian, Andrew Seller had been selling conservatories for many years
and was most familiar with Concad systems when he set up Jade Construction
in 2000. Having looked at all the software on the market, Andrew says
that he chose RoofWright because of its ease of use, flexibility and value
for money.
‘As well as designing Bespoke Conservatories, RoofWright can create
a digital house behind the conservatory which I can include in sales quotations
if I haven’t got a suitable photo image’ adds Andrew.
Customers can reasonably expect to see what they’re getting before
they part with any money yet showing them all the choices and options
you offer from brochures can be very laborious and time consuming. Using
RoofWright software you can build up a picture of the finished conservatory
with all the details of doors, windows, paving, cresting, finials etc
so the customer knows what they’re getting for the price. Even more
importantly, when you’ve got the go-ahead, you have all the dimensions,
angles and other information for ordering and getting the job started.
Free RoofWright evaluation from http://www.roofwright.com
or 0161 426 1120
Multifab
PVC-u 4 Axis Machining Centre from Scott STB
Scott
STB says that its easy to operate machining centre will help fabricators
improve the quality and consistency of their product cost effectively.
Now available in the UK, the stand-alone Multifab 3000 performs virtually
all machining to PVC-u window and door profiles and is currently installed
at a typical price of less than £95K. It can be programmed to handle
multiple profile systems and is easily updated for a new profile or indeed
complete systems.
Fabricators can also benefit from being able to use their existing double
mitre saw or cutting centre to produce cut lengths ready for machining
in the Multifab 3000, which due to its compact design, needs only a single
operator. A barcode identifies the cut piece and the control identifies
the machining requirements, the profile is placed on the infeed magazine
and the machining functions are performed automatically.
Normally utilising the same space as the machinery it replaces, the Multifab
3000 handles all espagnolette preparation, drainage, door lock and trickle
vent routing, plus hinge and v-notch location holes.
According to MD Bob Scott, ‘As well improving quality and consistency,
the need for just one operator is a great plus point as it can help companies
rationalise labour utilisation and cost. The machining centre will also
contribute to increased output.’
He adds, ‘A simple scan of the barcode provides the machining requirements.
This works on the basis that the product and piece information is downloaded
in typical production batches.’
Existing production staff can operate the machinery from day one with
only minimal training. It is easy to program and user-friendly running
on Windows NT-based control software which was specially developed by
the manufacturer, STB. The software’s drag and drop function along
with graphic display avoids the laborious programming which can often
be a feature of machine tools, especially when only a slight adjustment
is required.
‘The key to this machining centre’ says Bob, ‘is that it
is truly a cost effective capital investment for those companies looking
to increase efficiency through automation. Fabricators can typically cover
the costs in a two-year period, and it offers significant potential for
a wide range of different companies, whether producing 200 units a week
or thousands. The current version has been tried and tested worldwide
for the past 3 years now, so we are confident that its performance and
reliability is first class.’
Daventry-based Scott STB was founded by Bob in partnership with STB in
1999 to be the excusive distributor of STB machinery and equipment in
the UK.
Tel: 01327 706670
Seven
Councils to Take Part in £500m Private Finance Initiative Schemes
Seven
more councils have been asked to develop housing PFI schemes worth around
£500m and involving the refurbishment and building of more than
5000 social homes.
Three deals will be Housing Revenue Account (HRA) projects in Oldham,
Lewisham and Manchester, involving refurbishment and replacement of at
least 3000 properties. The other four schemes will be non HRA in Weymouth
& Portland, Woking, and Guildford, delivering nearly 1500 new units
of social rented housing, while Medway will be piloting a different way
of delivering extra care housing.
Housing Minister Yvette Cooper said the increasing use of PFI reflected
a strong drive by councils to improve their local communities.
'These schemes will help deliver better housing and better neighbourhoods
for the tenants living in them. There can be no doubt that PFI helps redevelop
areas in great need and to provide new housing.'
The recent announcement at the Chartered Institute of Housing Conference
in Harrogate comes on top of the signing earlier of the Newham Canning
Town PFI deal which, in partnership with London City East, will deliver
and maintain 1000 decent homes for the next 30 years.
Three other schemes recently approved involve two extra care schemes in
Kent and Cheshire, delivering nearly 700 new units of housing, including
some for sale; a scheme in the London Borough of Brent will provide 300
units of housing to help tackle homelessness. This project went to market
in May and the others are due to do so shortly.
Another
First for Al Abbar Architectural Glass
In
August, Al Abbar Architectural Glass in Dubai will take delivery of the
world’s largest Low-E tempering (toughening) line. This Tamglass
ProE MAGNUM ™, capable of tempering glass sizes up to 7.2 x 3.3 metres
will enable the company to respond to the ever increasing demand for larger
glass openings in architecture and dramatically increase AAG’s overall
production capacity, not only for tempered, but all forms of heat-treated
glass.
With a thickness range of 3.8 to 19mm, the MAGNUM™ will be installed
alongside the existing 4.8 x 2.4 metre Tamglass ProE™ line, and be
supported by three automatic cutting lines, including a new Lisec Jumbo
facility, which shipped recently from Austria.
The chairman – Mr. Rashid Al Abbar – is continuing his policy
of logical expansion and diversification to serve the ever more demanding
local market while, at the same time, widening the marketing horizons
outside of the immediate region, ably supported by an expanded technical
service.
In line with the increasingly global nature of the glass and construction
sectors Al Abbar will be able to further utilise the advantages of Dubai’s
strategic location and efficient port and transport facilities.
Rashid Al Abbar states 'Our faith in companies of the calibre of Tamglass
, for the supply and service of lines for flat tempering, curved tempering,
laminating, screen printing, double glazing etc., has been justified over
the years since we bought our first Tamglass equipment in the 1980’s,
being also the first Tamglass machine in the UAE.
'This new ProE MAGNUM™ delivery demonstrates well the long and close
relationship between our companies and the individuals. It also demonstrates
Al Abbar’s drive for excellence and ability to serve ever more demanding
architectural industry', says Pentti Salin, Vice President Business Development
of Tamgass and Bavelloni (Glaston Technologies).
Coinciding with the leading conference for the glass industry worldwide
– Glass Processing Days – staged every two years since 1992
by Tamglass, at their base of Tampere, Finland, AAG’s Factory Manager,
Mr Celso Broqueza was accompanied by newly appointed Managing Director,
Mr Alistair Kellock, to inspect the MAGNUM™ test runs, prior to shipping
before the end of June.
Mr Kellock commented that 'Rashid Al Abbar has once again demonstrated
his confidence in his team, the local economy and in quality manufacturers
and suppliers. I have been privileged to witness the growth of the Al
Abbar family’s industries over the past 20 years, successfully managed
due to their personal commitment and drive, and apparently we can expect
further exciting news from Mr Al Abbar in the not-too-distant future.
Working for Mr. Al –Abbar is going to be tough but we’ll try
to have some fun along the way. It is good to be back in the Gulf region
among friends!'
Glaston Technologies is a leading supplier of glass processing machinery,
with a complete product range from pre-processing to safety glass machinery
with wide know-how of glass processing. The division’s customer service
network is the largest in the glass industry with over 30 local units
around the world. The division comprises Tamglass and Z. Bavelloni.
Glaston Technologies is Kyro Group’s Glass and Stone Technology division.
Kyro Corporation is a sound and growth-oriented technology company and
it is listed on the Helsinki Exchanges.
For further details, please contact:
Mr Alistair Kellock, Managing Director, Al Abbar Architectural Glass,
tel: + 97 143 331 362 Email: mailto:alistairk@alabbargroup.com
Tremco’s
Multi-Technology IG Sealant Offers Manufacturers Optimum Sealant Selection
Glazing
sealants manufacturer Tremco now offers the manufacturers of IG units
four distinctly different sealant systems, helping to ensure that the
optimum product is chosen for any specific situation.
Tremco’s single component, free-flowing butyl-based hot melt sealant
is easy to apply and offers good performance with no cure time, allowing
immediate handling and shipping of IG units. The company’s two-part
polyurethane sealant and dual seal systems are fast curing and easy to
use through manual, robotic and application machines. Tremco’s silicone
IG sealant is suitable for the manufacture of units for structural glazing
use and offers resistance to UV light, ozone and extreme temperatures.
Completing the line-up is a warm edge flexible spacer system which avoids
the need for a separate spacer, desiccant, sealant and corner keys and
allows the easy manufacture of non-standard shapes.
Users can get Tremco’s help in selecting the most appropriate sealant
system and manufacturing equipment, plus support with all aspects of the
commissioning process, including planning the factory layout, site preparation
and machinery installation.
Tremco offers a free review of existing manufacturing or purchasing arrangements
enabling window and IG unit manufacturers to directly compare their current
costs with the savings possible through installation of new methods or
a switch to in-house manufacture.
Tel: 01753 691696
Multi-Point
Locking Enhances Security of Steel Windows
The
Steel Window Association has taken an important step towards complying
with the highest European standards on window security with the introduction
of a purpose designed locking mechanism.
The new lever handle activated system has been developed in co-operation
between several of the SWA's leading fabricator members and Basta Parsons,
a specialist window hardware manufacturer and a long-standing associate
member of the association.
The kits are based on nine different lengths of mild steel rail to suit
the entire range of W40 steel windows from 600 mm to 2400 mm high, together
with night vent facility keeps. Then to complete the package the rnanufacturer
has included a robust die cast handle with weather seal.
Significantly, a 2400 mm tall window complete with Basta's Magnum Friction
stays recently passed the BS 7950 security test.
Barry Griffiths, from Basta Parsons, comments: 'The multi-point locking
system we have developed for steel window manufacturers employs similar
types of studs and keeps as successfully used on frames in other materials
and it is no more difficult to fit.
'The main difference between this and other systems on the market is that
it is much more robust with a heavier duty handle that still maintains
the overall aesthetic of the SWA's W40 system. This respects the slender
sightlines of the W40 sections despite the fact the weight involved in
the action which aligns the studs is far greater in a steel window.
'There is a programme of testing in progress to address all variations
but obtaining BS 7950 on the big window was a significant landmark.'
Tel: 020 7637 3571
Email: mailto:info@steel-window-association.co.uk
Web: http://www.steel-window-association.co.uk
Pupils
Learn of Windows’ ‘Green’ Benefits
A
prototype window scheme at a Gateshead school is being submitted for a
prestigious award from the Institute of Maintenance and Building Management.
And
the project has led to the school forming an environmental partnership
with the company carrying out the 100-window installation, Kömmerling
fabricator E.W.L.
‘Our brief was to use the most modern, environmentally-safe materials
and technology available to bring the school’s windows right up to
date, while retaining the building’s much-loved traditional character,’
says E.W.L. Commercial Director Alan Nicholson. The timber-framed single-glazed
windows replaced by E.W.L. were the original ones installed when the school
was built in 1877.
The new Lead-free windows were manufactured from Kömmerling’s
classically-curved Connoisseur system - which is extruded using Calcium-Zinc
stabilisers instead of Lead - and also incorporated the self-cleaning
glass, Pilkington Activ™.
Described
as a ‘totally-green’ installation, the environmental aspects
of the windows have been a big hit with the pupils of Billquay Primary
School. Headteacher Toni Hilton says: ‘While the work was going on
we gave regular reports to the children during assembly, explaining why
the windows were being replaced, and the benefits they would bring.’
E.W.L. also held a special environmental forum, answering the children’s
questions, and has now pledged to work with the school on environmental
issues and recycling. ‘To most children, a window is just a window,’
says Alan Nicholson. ‘But the fact that these were special windows
intrigued them and gave them an added pride in their school.’
Although the combination of glass and Kömmerling profile gives a
u-value of 1.8 W/m2K, the children were much more interested in how the
windows would make life better for them in the classroom. ‘And they
certainly have made a massive difference,’ says Toni Hilton. ‘The
old windows were very draughty, making it cold in winter. And because
most of them had rotted so badly that they wouldn’t open, it became
uncomfortably hot in summer. Now we’ll be warm in winter and cool
in summer.’
While E.W.L. have done a number of window refurbishment schemes in Gateshead
Council’s schools with the Kömmerling system, this was the first
using Pilkington ActivTM. Alan Nicholson says: ‘It’s proved
to be a very successful prototype for the local education authority and
they’re likely to be using this combination a lot more in the future.’
And the project is now being submitted for the 2005 British Building Maintenance
Awards run by the Institute of Maintenance and Building Management.
The award entry highlights that the education authority chose this window
because of its top quality materials and is completely Lead-free. The
entry also had to look at the special requirements of the job – namely
that the brief was to improve the working environment for the children
and teachers without changing the appearance or character of the school.
The judges are also looking for the immediate and long-term benefits.
Says headteacher Toni Hilton: ‘There was a considerable amount of
heat loss through the old, ill-fitting, windows, so the immediate benefit
for the school is that the new windows are providing a much better, more
comfortable environment for the children and teachers to work in. And
a major longer-term benefit is that our heating bills will be cheaper
because we can keep the thermostat lower. We’re also conscious that
our maintenance bills will be less, and we no longer need to clean our
windows.’
E.W.L., which is based at Hertburn, in Washington, on Tyne and Wear, was
chosen by Pilkington to pioneer the use of Activ™ glass two years
ago. ‘The number of installations using it is growing all the time,’
says Alan Nicholson. ‘Tests have shown that the self-cleaning properties
will last as long as the glass itself. Architects are now seeing for themselves
the benefits of using Activ™ and are now increasingly specifying
it.’
Pilkington Activ™ cleans itself through a special coating on the
outside glass surface that reacts with daylight to break down organic
dirt deposits, which are then washed away by rain.
When Gateshead Council learned about the self-cleaning glass it specified
it for Billquay School as a prototype. ‘Since the project was completed
they have discovered that this combination has given them a window replacement
scheme that satisfied all their criteria – a Lead-free, fully recyclable,
environmentally-friendly, energy-efficient window that retained all of
the building’s original character.
‘Because the coating on Activ™ contains the same type of harmless
chemicals found in toothpaste and paint, and because it only needs rainwater
to wash the dirt away, instead of cleaning agents, it’s actually
kinder to the environment than ordinary glass.’
Southwall
Technologies Inc. joins AAGMA and Expands Global Influence
Southwall
Technologies announced recently that it has joined the Advanced Automotive
Glazing Manufacturers Association (AAGMA). Southwall, a specialist in
automotive laminated solar control glazing, will work closely with the
members of AAGMA to globally advance awareness of the advantages of automotive
laminated glazing, regarding its comfort, safety and security and to encourage
increased adoption of laminated glazing in the automotive industry. Southwall
produces XIR(R) automotive solar reflective film used in windshields by
many global automotive manufacturers.
'We believe that AAGMA offers a platform for substantial industry support
of the advancement of automotive laminated glazing technologies,' said
Dennis Capovilla, Southwall Senior Vice President of Worldwide Sales.
'We are very excited about our membership and look forward to working
closely with fellow members. Southwall's many years of experience in manufacturing
IR reflective films for laminated glazing allows us to bring significant
experience to the partnership.'
'We welcome Southwall to the Association,' said Michel Van Russelt, Chairman,
AAGMA and Market Development Manager for Solutia Europe. 'Southwall's
many years of providing the XIR solar reflective film to many of the major
manufacturers of laminated windshields will bring valuable experience
and aid us in promoting the benefits of laminated glazing.'
About Laminated Glazing
Laminated glazing is a 'sandwich' comprising two glass sheets and a tough
plastic interlayer, bonded under controlled heat and pressure. While all
windshields have been made of laminated glass for safety reasons for more
than 20 years, only a minority of side and rear windows are constructed
of laminated glazing. The benefits of laminated glazing throughout the
vehicle are numerous:
* Provides superior noise insulation for acoustic comfort.
* Blocks approximately 99% of UV radiation to protect the vehicle occupants
against harmful UVA and UVB radiation.
* Reflects solar energy, reducing temperature build-up and improving fuel
consumption as a result of reduced air conditioning load.
* Protects the occupants from ejection in an accident. Since the glass
remains adhered to the plastic interlay, the window stays in the frame
acting as a safety net.
About AAGMA (http://www.aagma.com)
AAGMA was initially formed in 1998 as an advocate of the benefits of advanced
automotive laminated glazing and current membership includes the leading
European automotive glass manufacturers and interlayer suppliers. Its
members represent 75% of the world's automotive glass producers and nearly
100% of the interlayer providers. Its objective is to define and quantify
the benefits of laminated glazing in terms of passive safety, security,
and passenger comfort and to educate the public, government bodies, and
emergency services on the benefits and behaviors of laminated glazing.
About Southwall Technologies Inc. (http://www.southwall.com)
Southwall Technologies Inc., designs and produces thin film coatings that
selectively absorb, reflect or transmit light. Southwall products are
used in a number of automotive, electronic display and architectural glass
products to enhance optical and thermal performance characteristics, improve
user comfort and reduce energy costs. Southwall is an ISO 9001:2000-certified
manufacturer and exports advanced thin film coatings to over 25 countries
around the world. Southwall's end customers include Audi, Berliner Glas,
BMW, DaimlerChrysler, Hewlett-Packard, Mercedes, Mitsui Chemicals, Peugeot-Citroen,
Philips, Pilkington, Renault, Saint-Gobain Sekurit, and Volvo.
Scapa
Group plc, the global supplier of technical tapes and cable compounds,
recently announced the preliminary results for the year ended 31st March
2005.
Highlights
* Turnover £188.2 million (2003/04 £187.9 million)
* Underlying turnover increased by £6.2 million (3.4%) reflecting
strong underlying sales growth of 6.5% in North America particularly within
Scapa Medical
* Headline* operating profit £3.6 million (2003/04 £6.0 million)
* Headline* profit before tax £1.2 million (2003/04 £4.1 million)
* Steven Lennon appointed to COO in February 2005
* Board Changes:
* Tony Watson resigned as CEO from June 1st 2005 with immediate effect,
Keith Hopkins will act as Executive Chairman until a new CEO is appointed
* Michael Baughan will become deputy chairman
* Richard Perry is appointed as a non-executive director from June 1st
2005
* Net debt at year end £15.2 million; year end gearing 38.4%
Commenting
on the results, Chairman Dr Keith Hopkins said:
'Trading in the first part of the 2005/06 financial year has been significantly
below budget. Our main aim is to recover our trading margins by increasing
selling prices and reducing costs, and the management changes implemented
will provide important momentum in achieving this. Looking further ahead
the Board is committed to reviewing all options to provide future value
to shareholders and is consequently undertaking a strategic review of
our business.'