Ultraframe
Successfully Defends Burnden Action
Ultraframe
plc announced on 17th September that it has successfully invalidated a
Burnden Group PLC patent and has been awarded substantial costs, including
an interim award of £150,000 by the patents court last week.
Last year, the Burnden Group PLC launched a legal action against Ultraframe,
its subsidiaries and an Ultraframe Director, alleging infringement of
a patent purchased by the Burnden Group relating to a captivated bolt
slot.
The judgement handed down last week by His Honour Judge Fysh Q.C. dismissed
all of these claims and concluded that Burnden’s intellectual property
was invalid. As a result, they have been ordered to pay costs to Ultraframe,
likely to exceed £300,000 plus interest.
A minor part of the case concerned a 1997 Ultraframe patent which Ultraframe
had never sought to assert. Indeed, Ultraframe had already agreed to drop
the broadest claims in the patent prior to the trial taking place.
Commenting on the case and the judgment, David Moore, CEO of Ultraframe
plc said:
'This is an expensive defeat for Burnden and a substantial financial recovery
for Ultraframe.
‘I am surprised that Burnden are claiming a ‘victory’ in
this case, given the Judge’s ruling on costs and his refusal to give
Burnden permission to appeal.
‘As a business, we continue to make substantial investments in innovation
and product development to raise standards within the industry for the
benefit of consumers, customers and the conservatory market as a whole.’
Court
Declares Ultraframe Patent Invalid, says K2
In
a case decided on September 15th, a Court ordered the revocation of a
patent owned by Ultraframe (UK) Limited, the UK's largest conservatory
manufacturer. The action was brought by The Burnden Group PLC (sister
company of K2 Conservatories).
Intellectual Property lawyers from Addleshaw Goddard advised Bolton-based
The Burnden Group on the claim that a patent owned by Ultraframe (UK)
Limited should be revoked for invalidity. The Patents County Court London
agreed with The Burnden Group's assertions that the patent should be revoked
and ruled in The Burnden Group's favour.
Gary Fielding the Managing Director of The Burnden Group, said: 'We want
to be part of a developing industry which recognises and rewards innovation
and enterprise, and where no supplier should benefit from exploiting an
anti-competitive position.
'It is well known that invalid patents are stifling product development
and innovation, as well as hindering entrepreneurial spirit in the conservatory
industry. Today's decision by the Patent County Court to revoke a patent
filed in 1997 by Ultraframe (UK) Limited relating to an eaves beam is
not just a great victory for The Burnden Group, but one for the whole
industry.'
It was clear to the Court that similar fixing methods in other conservatory
systems had been published before the filing date of Ultraframe's patent
(relating to fixing of glazing bars to eaves beam) and that there was
nothing inventive in the patent.
Entirely separately, the same Court held that certain products sold by
Ultraframe (UK) Limited were covered by a patent owned by The Burnden
Group, but found that this patent was invalid and should be revoked. The
Burnden Group intends to appeal the decision to revoke. Should the appeal
prove successful for The Burnden Group then Ultraframe would lose the
right to manufacture and sell products covered by The Burnden Group's
patent.
Gary Fielding further commented: 'Whilst substantial costs have been incurred
in bringing this action, the battle for us is not about money. It's about
encouraging innovation for the benefit of all the industry, fabricators,
installers and ultimately consumers. We will continue to campaign hard
to create a level playing field, which opens up competition across the
conservatory industry.'
See
Pilkington at 100% Design This Week
Glass
performs many different functions within buildings and is playing an increasingly
important role in the overall design. To support this interest, Pilkington
Building Products UK will be bringing its range of glass products to the
100% Detail exhibition from 23rd to 25th September 2004 at Earls Court
in London.
Experts will be available on stand F40 to offer architects and designers
advice and guidance on a full range of glass related opportunities and
products.
The company will be showcasing its latest development, Pilkington Activ
Suncool, which combines the self-cleaning qualities of Pilkington Activ
with the solar control and low emissivity abilities of Pilkington Suncool
HP.
Architects will also receive a boost via a new website http://www.pilkington4architects.com.
Launched at the exhibition, the site is aimed at simplifying the specification
process, pinpointing products and applications in a quick and easy to
use manner. It also contains a number of interactive features such as
product and performance directories and a fire glazing selection tool
called Specifire.
The latest additions to the self-cleaning range, Pilkington Suncool high
performance range will be launched. These include Pilkington Suncool Brilliant
30/17, suitable for atrium and overhead glazing, Pilkington Suncool Neutral
70/40, which offers neutrality and Pilkington Suncool Brilliant Blue 50/27,
which provides a distinctive blue colouration on clear glass.
Other pioneering products that have helped to shape and influence building
design will be on show. Pilkington Planar, the original architectural
glass structural system and the team, joined by key partner, Ide Contracting
Limited, will take visitors through recent developments, highlighting
the benefits that can be gained from this extremely popular product.
Pilkington Building Products UK is renowned for its specialised glass
and glazing such as fire resistant glass. The latest addition to the popular
Pilkington Pyrodur and Pilkington Pyrostop range, Pilkington Pyrodur Plus
will be on display. Supported by representatives from key fire door specialist,
Vicaima, visitors will be able to take advantage of the collective expertise
available.
Also on show will be Pilkington Optilam Phon noise reduction glass, which
is particularly effective against traffic noise and can be incorporated
into Pilkington's own insulating unit, Pilkington Insulight Phon, as will
the solar control and privacy solution, Pilkington Insulight incorporating
Luxaclair® blinds.
Matt Buckley, Pilkington Building Products UK, marketing director comments:
'On the basis of a successful show last year, we are very excited about
attending this year's exhibition and meeting the architectural fraternity
of our customer base. It is an ideal opportunity to demonstrate the value
and service that Pilkington offers to the architectural glazing market.'
Web: http://www.pilkington.com
A list of Glass related exhibitotrs can be found on the 100% Design website here
Hunter
Douglas Interims - 7.7 % Higher Sales and 14.9% Higher Profits
Hunter
Douglas, the world market leader in window coverings (Luxaflex®),
and a major manufacturer of architectural products (Luxalon®) reports
results for the first half 2004.
Sales were EUR 866.8 million, 7.7% higher than EUR 805.2 million in the
first half of 2003. The sales increase reflects an 8.3% volume increase,
5.1% negative currency impact and 4.5% contribution from acquisitions.
All geographic regions had organic growth.
Europe accounted for 39% of sales, North America 48%, Latin America 4%,
Asia 6% and Australia 3%. Window Coverings were 90% and Architectural
and Other Products 10% of total sales.
Net profit was EUR 57.1 million, 14.9% higher than EUR 49.7 million in
the first half of 2003. This increase was achieved despite a EUR 6.0 million
negative effect from the lower USD. Profits were higher in all regions.
Net profit per average outstanding common share increased to EUR 1.40,
compared with EUR 1.18 for the first 6 months of 2003, adjusted for stock
dividends.
Capital expenditures in the first half year 2004 were EUR 23 million compared
with EUR 26 million during the same period last year, while depreciation
was EUR 26 million.
The investment portfolio had a net market value on June 30th, 2004 of
EUR 452.4 million. The portfolio's return in USD was 4.0%. Net investment
income, after deduction of imputed interest, expenses and provisions was
EUR 3.0 million, the same as the first six months of 2003. Management
of these assets is delegated to a widely diversified group of independent
managers.
Shareholder's equity was EUR 900 million, up from EUR 871 million at the
end of 2003.
Hunter Douglas had approximately 16,500 employees at the end of June 2004.
The shareholder's meeting of June 8th, 2004 approved the distribution
of a cash dividend of EUR 1.30 per common share with an option to receive
a stock dividend in lieu of cash.
Second quarter 2004
Second quarter sales were EUR 467.5 million, 4.8% higher than EUR 446.1
million in the same period last year. The increase reflects an 8.0% volume
increase, 3.5% negative currency impact and 0.3% contribution from acquisitions.
Sales were higher in all regions, except Europe.
Second quarter net profit was EUR 34.4 million, 15.1% higher than EUR
29.9 million in the second quarter 2003. Profits increased in all regions.
The increase was achieved despite EUR 3.2 million negative effect from
a lower USD.
Europe
Sales in Europe increased by 5% to EUR 342 million. The volume increase
was 2% and contribution from acquisitions 3%.
Outlook
Economic conditions improved in most markets. Hunter Douglas continues
to see substantial potential for growth and remains cautiously optimistic
about the outlook for 2004 in view of the strong position of its products,
distribution and finances.
Based
at Eurocell’s Clover Nook HQ in Alfreton, Derbyshire the design and
drawing office teams are an integral part of the Eurocell success story.
Responsible in the past for the design of Eurocell window systems, door,
patio kits and curtain walling as well as numerous Eurocell Building Plastics
products, the department also handles the tooling and machine requirements
for both of the company’s production plants. More recently the designers
have brought the Pinnacle 500 modular and Pinnacle Bespoke conservatory
systems to market.
The Eurocell design team is lead by Adrian Redshaw who has been at Eurocell
for over 15 years while the drawing office manager is Ian Kernaghan now
in his third year with the company. Investment in design has been significant
over the last few years and the teams use the latest technology and software
to help continue Eurocell’s growth and customer focussed product
offerings. For the statisticians the combined experience in product design
within the window industry is over 60 years!
Tel: 01773 842 100
Email: mailto:marketing@eurocell.co.uk
Web: http://www.eurocell.co.uk
Glassex
Seminars 2005: Call for Papers
As
part of plans to increase the status of the Glassex Seminar Programme
at Glassex 2005, the organiser has changed the selection process by which
presentations are selected by issuing an open invitation for papers to
be submitted for consideration for the event.
Anyone
wishing to be considered for inclusion in the Glassex 2005 Seminar Programme
is invited to submit a synopsis of their proposed presentation by November
30th 2004. Proposals should give a clear indication of the content, and
details of the individual and organisation making the presentation. Proposals
should also indicate any presentation aids likely to be required.
The organiser’s intention is to provide a programme that appeals
to window, door and conservatory installers and fabricators, who remain
the two key visitor groups attending Glassex. Presentations must therefore
reflect this profile and offer concise, practical advice and information
that delegates may apply quickly and effectively to their businesses.
Overt sales pitches will not be selected.
The Glassex Seminars were re-introduced at the industry’s annual
business forum two years ago, and have since become an increasingly popular
feature of the event. Research at the last two exhibitions has indicated
that the seminars are an important area of interest for visitors and the
most well attended are those that address key issues and provide genuine
business solutions. The organiser has also been encouraged by the number
of installers and fabricators registering for, and attending, the sessions
and expects to pre-book a high number of delegates.
Steve Redman, Event Director, says there is now a very clear demand for
information: ‘The industry, but installers and fabricators in particular,
are facing continuing pressures in respect of increased competition and
legislation, both specific to glass and glazing, and in broad business
terms. It is not always easy to obtain relevant information and advice,
and the Glassex Seminar Programme will help by tackling key subjects faced
by the industry.’
Glassex 2005 takes place from 13th-16th March 2005 and will again be at
the NEC Birmingham U.K. Anyone wishing to submit papers for consideration
for the 2005 Glassex Seminar Programme should submit a synopsis in hard
copy or digital format, together with details of the individual and organisation
making the presentation, and an indication of any presentation aids that
may be required.
Please note that, while commercial sources may be appropriate, presentations
must not be an overt sales pitch. The organiser, EMAP Maclaren Ltd, reserves
the right to accept or reject presentations without further reference
to the presenter.
Papers should be submitted by November 30th, 2004 to: Paul Godwin, Glassex
2005 Seminar Programme, 9c Wingbury Courtyard, Wingrave, Aylesbury HP22
4LW.
Tel:
01296 682882
Fax: 01296 682878
Email: mailto:paul@vastpr.co.uk
Windowlink
has reported a changing trend in software sales as more and more conservatory
companies focus on maximising lead conversion and profitability.
According
to Windowlink’s Commercial Director, Barrie Ryan (pictured), software
suppliers were particularly vulnerable to seasonal pressure, with installers
either too busy to consider the options or reluctant to invest during
quieter periods. ‘But that attitude seems to have disappeared, particularly
for users of our Vector conservatory design and visualisation program,’
says Barrie. ‘So many of our customers have increased their conversion
rates since they installed Vector that they are constantly on the phone
requesting additional user licences,’ he adds.
Barrie says sales are also rising for Windowlink’s Vector Plus, which
includes fully integrated pricing using the retailer’s own matrices.
He says ‘It has taken a while for the market to switch on to designing
and pricing conservatories at the same time, but with our competitors
finally waking up with offers, the work we have been leading the market
with is gaining widespread customer acceptance. The most satisfying thing
for me is to see the surprised faces of potential customers when we demonstrate
Vector Plus - before they can finish asking a question we have shown them
how it can be done.'
And, in addition to these developments, it seems that homeowners are having
a bigger influence on Windowlink’s software sales than was initially
anticipated, as Barrie explains, ‘One of our users told us that although
he hadn’t supplied the cheapest quote he had won the order because
his presentation and pricing procedure using Vector Plus had been by far
the most thorough. This had given the customer confidence that they would
get what they asked for, with no hidden extras.’
‘I believe these latest sales trends represent a true endorsement
of the work Windowlink has done to make its comprehensive range of software
for retailers and installers the best in its class,’ concludes Barrie.
Tel: 0870 7701640
Web: http://www.windowlink.com
BPF
Launches PVC Recycling Project in the Thames Valley
On
6th September the British Plastics Federation (BPF) launched a pilot project
to collect post-consumer PVC waste in the Thames Valley. PVC materials
from the Flooring, Window, Pipe and Guttering Markets have been targeted
and all BPF members and associates will be encouraged to participate.
A six month contract has been awarded to Axion Recycling Ltd by the BPF
and Vinyl 2010, the European PVC organisation co-ordinating implementation
of industry's Voluntary Commitments to address sustainable development,
in particular by increasing recycling. The contract will see waste collections
in the area between Reading and West London set up as part of an ongoing
project to develop sustainable recycling options for the UK, and so contribute
to meeting Vinyl 2010 targets.
The project is a key recommendation of a recent report by the University
of Bradford, commissioned by the BPF and funded by the Government's Waste
and Resources Action Programme (WRAP).
It is expected that most of the material will be collected directly or
indirectly from the construction sector. PVC window, pipe and flooring
installers, major construction sites, trade waste sites, civic amenity
sites and construction waste transfer stations will be targeted initially.
‘The trial will test methods of collection; sorting, separation,
bulking and processing in order to provide vital basic data for future
recycling initiatives,’ said Philip Law, BPF's Director of Public
& Industrial Affairs.
Axion has engaged the services of waste management expert David Wiles
specifically to oversee the collections and help collate the data produced
from the trial. He is a member of the Chartered Institute of Waste Management
(CIWM) and has 30 years experience in the Recycling & Waste Industry.
Process outlets are being sourced by Axion in conjunction with the BPF
and the aim is to develop outlets for recycling these waste streams in
the future.
Any construction sector company with operations in the Thames Valley area
or any PVC recycler that is interested in participating in the project
should contact David Wiles or Roger Morton at Axion Recycling for further
details.
Axion's website: http://www.axionrecycling.com,
Tel 020 8567 1425.
For more information about the overall project contact Dr Mercia Gick
at the BPF, Tel: 020 7457 5000
Web: http://www.bpf.co.uk
Pilkington
Welcomes New Part L Proposals
Now
the wait is over, Pilkington has welcomed the Government's latest proposed
revisions to Part L of the Building Regulations, especially the introduction
of Window Energy Ratings (WERs), a fairer, more even-handed method of
meeting legislative requirements.
Window Energy Ratings (WERs) combine all the different aspects affecting
the energy performance of a window into a single number or Rating. These
aspects are heat loss, solar gain and ventilation.
They are linked by an equation, which has been developed so that the Rating
reflects the effect the window has on the energy consumption of a typical
house throughout the year. Compliance for replacement windows will be
achieved if the window achieves a Rating of -40 (which is band E) or better.
It will, however, still be possible to satisfy the requirement by the
old U value route. The proposal recommends that the current U value for
replacement PVCu and timber windows remain unchanged and the maximum U
value of 2.0 will now apply to metal windows as well (compared to the
current 2.2), with the option of complying through a centre pane U value
of 1.2 staying the same. However, it is the proposed WERs that are the
real innovation.
The company is advising the industry to take note of some other significant
innovations proposed in the amendments, particularly, the dropping of
individual U value requirements in new build. The only route to compliance
would be to calculate the CO2 emissions for the proposed building as a
whole and to show that these meet the prescribed level. This means the
Elemental and Target U value methods will no longer be permissible. Somewhat
paradoxically however, 'backstop' U values will still be required. For
windows it will be 2.2. This means housing developers will no longer be
able to get away with using standard double glazing through use of the
trade-off options that are currently open to them, and it will, in effect,
require the use of low E glass, such as Pilkington K Glass, in every new
development.
Rick Wilberforce, market development manager - Europe, Pilkington, comments:
'It is possible that some or all of the proposed measures could change
as a result of the consultation process, however, as things stand, they
are extremely encouraging for those who wish to see a continuation of
current window specification and practice. The introduction of Window
Energy Ratings and whole building CO2 targets rewards solar gains and
makes the precise U value of an IGU less relevant.'
Additional proposals mean conservatories will now be covered under the
obligations of Part L, although the glazing requirements will be exactly
the same as for replacement windows. The proposed requirement for extensions
is for a maximum window U value of 1.8 or a Window Energy Rating of -30,
however 'trading off' is permitted, which means that higher U value windows
could also be acceptable.
Following a period of consultation, the Office of the Deputy Prime Minister
will publish the new Part L in the summer of 2005. It is expected to become
law at the start of the following year.
KPI
Measures Reap Management Rewards at Carl F
Key
Performance Indicators introduced at Carl F Petersen have enhanced measurement
procedures and reporting processes. The KPIs enable teams to focus on
the critical elements of their role within the organisation. Additionally,
a new layer of measurement is produced for improved monitoring and generation
of management data.
The established window hardware supply company, that successfully introduced
the ‘direct’ tools catalogue last year, introduced the KPIs
to increase management and staff accountability. Commenting on the success
of the business strategy, Bruce Bradshaw, Business Development Manager
for Carl F says:
‘Increasingly clear personal responsibility has emerged for individuals
which is a motivating factor for the workforce. Each departmental manager
has determined the key roles of their departments and, in some cases,
individuals in their departments. This has enabled team members to assess
their own performance and their team’s part in the successful development
of the company.’
With a better understanding of what is required to systematically improve
performance, Carl F Petersen has introduced measurement tools that enable
the company to monitor, manage and enhance both its internal operation
and external service levels.
Tel: 01536 401155
Email: mailto:sales@carlf.co.uk
Web: http://www.carlf.co.uk
Pictured: Carl F Petersen Managing Director John Crittenden (left) and Business Development Manager Bruce Bradshaw
It's
Official - Instabuild won’t Damage the Drains
Instabuild
Ltd, which supplies a steel base and modular wall system to the conservatory
industry, received an unexpected boost recently in the form of written
approval from Thames Water to use the company’s system to build conservatories
inside the 3 Metre exclusion zone without the need to enter into a ‘building
over agreement’ with the authority.
In recent years regulations have been put in place by water authorities
to protect drains and sewers that lay within 3 meters of the proposed
conservatory from potential damage caused by building work, In order to
ensure these regulations are adhered to, companies must by law gain approval
from the water authority before work can commence. The CCTV inspection
process that is then undertaken can cost either the company or its client
many hundreds of pounds. Failure to comply with this could result in,
problems for the householder when trying to sell the property, possible
enforced removal of the conservatory, and prosecution of the company involved.
Until now many water authorities have been slow to recognise officially
that the Instabuild system can be used in situations where there is cause
for concern regarding drains and sewers, and have insisted that a normal
application be made before the work can commence.
However, recently Thames Water has written to an Instabuild registered
installer with the following comment, ‘I confirm that as you will
be adding no extra loading onto the sewer through the use of pad foundations
nor restricting our access to the sewer in any way, a building over agreement
will not be required’.
Don Miller Managing Director of Instabuild said ‘this is great news
for our company. Most water authorities recognise that the Instabuild
system is the ideal product when underground pipes are in the vicinity
of the build, but they usually still ask for official applications to
be lodged, this is the first time we have been given the go ahead without
the need for a ‘Building over agreement’. I’m sure other
authorities will now follow suit and hopefully encourage companies to
protect drains by using Instabuild.
Web: http://www.instabuild.co.uk
Regeneration
Programme Creating Local Employment Opportunities
Housing
Association residents are receiving additional tangible benefits that
are making a tremendous impact on the communities in which they live,
in addition to the improvements to their homes, under the Government’s
three-year £22-billion ‘Sustainable Communities’ programme,
covering housing, planning and the local environment and regeneration.
John
Park-Davies (pictured), Sales and Marketing Director at external envelope
contractors, Kömmerling fabricator Radway Door and Windows Ltd.,
believes that true Partnering does not simply involve the successful completion
of a project, but deliberately puts something sustainable into the community
that will provide long-term benefits.
He says: ‘As well as consulting with Registered Social Landlords
and their residents to establish specific requirements, the Partnering
process enables contractors to play an essential role in adding value
to a neighbourhood by utilising local materials and services wherever
possible.’
A contributory factor to Radway’s success at Partnering can be attributed
to the training and employment opportunities that the company has provided
for the people living locally to the areas undergoing refurbishment programmes.
‘Radway has been able to invest in local labour because, as an organisation,
we’re confident that we’ll still need their skills in three
and four years time, and thereafter.
‘Under traditional contracting methods, the methodology was carried
from one project to the next, with very few changes adopted. With partnering
today, the learning curve is an open, corroborative approach by all parties,
sharing experiences and adopting best practice to give the maximum value
to clients and residents through Value Engineering.’
Carlisle Housing Association is an excellent example of where Radway is
able to add value to a local community. ‘From the beginning of the
programme Radway employed local people, making this as a standard of one
Key Performance Indicator, to be monitored, recorded and included as part
of the Continuous Improvement programme. In the first year of the Door
Partnership programme, Radway employed and monitored ten local tradesmen,
and the company is looking to build on this as the contract develops into
its second year.
‘For too long the construction industry believed that one model would
fit each individual project, but it doesn’t. Partnering has shown
that the needs of every local authority, every RSL, and their residents,
are specific, and must be addressed individually to create sustainable
communities.’
Contact: John Park-Davies
Tel: 01527 5855588
Federal
Chancellor Gerhard Schröder Attends Inauguaration of new Dorma Group
HQ
Having
celebrated its inauguration in the presence of Federal Chancellor Gerhard
Schröder, Dorma‘s refurbished and expanded main administration
building in Ennepetal, Germany, constitutes a significant symbol of the
company’s commitment both to quality in architectural design and
to its Ennepetal site. The town, in which Dorma is the largest single
employer, is thus to remain the hub of its worldwide activities as a major
supplier of door related products and system solutions.
Originally
built in the 1960s, the administration building has always been an eyecatcher
from all directions due to its exposed position on a rise. Having been
heightened from 25 m to over 36 m - after one and a half years of construction
under the management of Cologne architectural partnership KSP Engel und
Zimmermann - it has now become even more of a landmark, enhanced by its
futuristic glass architecture and the diagonal struts in the new roof
area. Visible by day and illuminated at night, this particular structural
feature is deliberately reminiscent of Dorma’s crown logo.
'Dorma has its roots here in Ennepetal and will always remain a factor
in the region. It was important for me to create, through the new building
project, a visible symbol of my personal association with the town and
its surroundings,' emphasised company proprietor Karl-Rudolf Mankel, the
third generation of entrepreneurs to head this family company founded
in 1908.
'While in many places, including the immediate 'Bergisches Land' region,
the economic clouds that have gathered remain difficult to dispel, thanks
to its high degree of globalisation the company is able to extensively
compensate for the cyclical fortunes of the German economy. And with its
modern administration building transparent on all sides, Dorma has created
a clear physical expression at its HQ for the business principle so steadfastly
applied within the Group: 'Think global – act local'.'
Masco
Corporation Declares Increased Quarterly Dividend and Increases Earnings
Guidance
Masco
Corporation announced on September 13th that its Board of Directors has
declared an increased quarterly dividend of $.18 per common share payable
on November 8th, 2004, to shareholders of record on October 8th, 2004.
The 12.5 percent increase from $.16 to $.18 per common share reflects
Masco's favourable long-term outlook, its strong balance sheet and cash
flow and the recent tax law changes. This marks the 46th consecutive year
in which dividends have been increased.
The Company also announced that its third quarter results to the end of
August have exceeded its expectations and, based on current business trends,
the Company believes that its third quarter 2004 earnings from continuing
operations will be in a range of $.60 to $.63 per common share compared
with the previously forecasted range of $.57 to $.60 per common share.
The Company's favourable third quarter results reflect sales of new products,
market share gains, cost-reduction programmes and positive economic conditions
impacting the new home construction and home improvement markets.
Masco will update its previously given 2004 full-year earnings guidance
from continuing operations, of a record $2.25 to $2.30 per common share,
when it releases third quarter results in early November 2004.
Headquartered in Taylor, Michigan, Masco Corporation is one of the world's
leading manufacturers of home improvement and building products as well
as a leading provider of services that include the sale and installation
of insulation and other building products.
Web: http://www.masco.com
Schott
Calls an End to Production of TV Screens in Mainz
The
shift in television technology away from traditional tubes and towards
flat screens, but also dramatic declines in the prices for conventional
television glass have led Schott AG in Mainz, Germany, to cease production
of TV screens in Mainz effective November 30th, 2004.
In making this decision, Schott is responding to a series of current developments.
For one, the transition in technology from cathode ray tubes to flat screens,
used in both LCD and plasma televisions, continues to pick up momentum.
By 2010, these new technologies are projected to increase their share
in the global television market to 40% (6.5% in 2003). In addition, since
mid 2002, Schott’s customers in the monitor manufacturing industry
have been closing a large share of their production sites in Europe or
relocating these activities from Western Europe to China and, in some
cases, Eastern Europe. Over-capacities, increased competition and continued
pressure on the prices of conventional television screens have been the
result.
The decision to cease producing screens will necessitate a reduction in
staff, as well as the closing of the respective production facilities.
It will also have an impact on related support areas and corporate functions.
Schott has announced that the company will leverage all of the options
at its disposal in order to accompany this process in a socially acceptable
manner. The company does, however, expect that as many as 300 operational
layoffs could become necessary. Dr. Udo Ungeheuer, Chairman of the Board
of Management at Schott, explained: 'We deeply regret being forced to
make this move. However, we were left with absolutely no choice. The pressures
we are experiencing inside this market have increased so much and the
transition in technology towards flat screens has pushed us to act immediately.
Continuing production would result in considerable long term losses.'
Although the media has reported that as many as 500 jobs are at stake,
the company adamantly objects to such claims. Because socially acceptable
measures have already been adopted, but also due to relocations and normal
reductions in staff, the number of layoffs that take place for operational
reasons will not exceed 300.
During the past few years Schott has faced difficult situations in the
area of television glass on several occasions. Innovation, increases in
productivity and the willingness of employees to increase their work contributions
have enabled the company to refrain from taking drastic steps and have
allowed the company to keep its TV glass activities in Mainz for a long
period of time. However, the company is no longer able to combat price
declines and market developments with additional measures aimed at increasing
efficiency.
Schott currently finds itself answering to developments in the global
economy by executing a comprehensive modernisation process across the
entire group. While Schott is looking to divest or outsource activities
that are not a part of the company’s core business or can no longer
be pursued competitively, the company is also actively establishing new
business fields and increasing its commitment to existing engagements
that promise to deliver perspectives for long term growth.
The company is planning to make Mainz the global centre of competence
for glass-ceramics. This will include successful products like 'Ceran'
glass-ceramic cook top panels, transparent glass-ceramic 'Robax' for use
in fireplaces, as well as glass-ceramic reflectors for use in high performance
beamers. Another field that is extremely promising is Schott’s business
with large volume optical components made of glass-ceramics. These products
are being produced for a leading Japanese electronics group for use in
display glass. Here, Schott is currently benefiting from the boom in flat
television screens and monitors for PCs.
Schott has invested approximately 200 million Euros in Mainz since 2000
and created 200 new jobs during the past 12 months alone. 'Mainz will
continue to retain its strong industrial foundation and sustain its position
when dealing with international competition,' Dr. Udo Ungeheuer assures.
Backlit
Displays with UV Filter Extend Life of LCD Screens
Schott-Rohrglas
has developed two new types of glass that prolong the operating life of
LCD flat-screen displays.
The life expectancy of LCD screens is limited, among other factors, by
the fact that the backlights – a type of miniaturised neon tube that
makes the image on the display visible – emit ultraviolet (UV) radiation.
This UV radiation damages vital plastic components inside the screen.
This is why Schott-Rohrglas has developed the two new glass types 8688
(tungsten-based) and 8271 (kovar), both of which are characterised by
a special UV screening effect to protect the plastic components from premature
aging.
The demands made on the life expectancy of components are particularly
on the rise due to the development of large-format LCD flat screens, which
are increasingly replacing traditional cathode ray TVs. As opposed to
current applications, such as in laptops or cell phones, TV sets are replaced
far more rarely.
The UV radiation responsible for the damage to the plastic components
occurs in the invisible wavelength range between 254 and 313 nm. The two
new glass types are the first to allow for an effective UV filter to be
incorporated in the glass structure itself exactly within this frequency
range, so that no complex coating is necessary at a later stage.
'With these backlights, Schott-Rohrglas has opened up a new business area
for the future', explains Andreas Reisse, Head of the Business Segment
Tubing at Schott-Rohrglas in Mitterteich, Germany. 'Our main advantage
is that there is currently no competitor anywhere in the world who can
produce this UV screening glass', continues Mr. Reisse.
Already one of the world's leading manufacturers of special glass tubes,
Schott-Rohrglas plans to triple its sales of backlight glass over the
next two years – a realistic aim, considering the rapid growth in
the market for flat LCD screens.
Saint-Gobain
Glass Strengthens its Presence in Poland
Saint-Gobain
Glass, the Saint-Gobain Group's Flat Glass Division, has decided to build
a new flat glass production line in Poland. This float line will be built
on the site of Dabrowa Gornicza, where the Division already has one float
line and a processing unit for automotive glass.
The related investment will amount to approximately €100 million,
for an annual capacity of 180,000 metric tons.
Products manufactured by this new line will mainly be sold in the domestic
Polish market, particularly in the case of automotive glass, or will be
exported to countries located East of Poland, in the case of glass for
the construction industry.
Production is due to start in mid-2006.
This new line will round out Saint-Gobain Glass' large-scale industrial
capabilities in Poland and other Eastern European countries.
Saint-Gobain's Flat Glass Division has been established in Poland since
1994. In Dabrowa Gornicza, it has a plant producing float-glass, layered
glass and mirrors (Saint-Gobain Glass Polska) and a facility for the manufacturing
of automotive glass (Saint-Gobain Sekurit Hanglas Polska). The Flat Glass
Division also took on two printed glass lines when it acquired Huta Szkla
Jaroszowiec in 2003. Saint-Gobain Glass has also developed, throughout
the country, a network of processing and building materials distribution
companies (Glaspol), as well as units specialized in glass for home appliances
(Euroveder) and for furniture (Aurys Lustra). Through Autover, the Division
is also present in the market for distribution of automotive glass replacement
parts.
Assa
Abloy sets up Joint Venture with Brighthandle
Assa
Abloy has set up a joint venture with Brighthandle AB, which has developed
a door handle that communicates information using coloured light. One
application of the technology is to indicate whether rooms are free or
occupied. The technology can also be used to show evacuation routes in
case of fire. The joint venture with Assa Abloy will give Brighthandle
access to a worldwide distribution network, manufacturing capacity, and
capital to develop its business further.
The originator responsible for the concept, design and appearance of Brighthandle
is Alexander Lervik, one of Sweden's most promising designers. The product
was shown for the first time at the 2001 Milan Fair, where it attracted
much attention, including being chosen as Hardware Product of the Year
by the American magazine Architectural Record. The publicity obtained
has led around 1,000 people from 40 countries to contact Brighthandle
for more information about the product.
'Assa Abloy sees great potential in Brighthandle', says Åke Sund,
Assa Abloy's Executive Vice President responsible for Market and Business
Development. 'From a design perspective Brighthandle can offer the Assa
Abloy Group companies an interesting extra dimension. But future versions
of the Brighthandle concept can also serve an important security function
in the development of fittings to assist the evacuation of hotels, offices
and other public buildings.'
Brighthandle has already sold the communicating door handle to selected
hotels, restaurants and offices. Installations include the acclaimed ladies'
toilets at Stockholm's Sturecompagniet nightclub, the city's redesigned
Rival Hotel part-owned by ABBA star Benny Andersson, and the new head
offices shared by the OM Group and the Swedish Stock Exchange.
'The joint venture with Assa Abloy is working very smoothly, and we have
already started product development and distribution projects for the
Swedish and US markets and for the international hotel segment', says
Fredrik Arnander, one of Brighthandle's founders. 'This co-operation is
a perfect combination of the small company's dynamic energy and the large
company's resources and expertise in development, production and distribution.'
Web: http://www.assaabloy.com
Web: http://www.brighthandle.com
Jamalco
Refinery Restarted Last Week; No Significant Damage from Hurricane Ivan
Jamalco,
Alcoa's refinery in Jamaica, experienced no significant damage from Hurricane
Ivan. The plant was shut during the storm but was restarted on September
14th as power was restored. The plant, which has 1.25 million metric tons
of capacity, was fully operational by the end of last week.
The port from which Jamalco ships alumina did sustain damage in the storm.
An assessment of that damage is being conducted, and alternative avenues
for export are being explored.
In light of the temporary shutdown of the facility, damage to the port,
and likely resulting delays in shipments, the company intends to declare
force majeure to its customers.
Jamalco is a 50/50 relationship between Alcoa World Alumina and Chemicals
('AWAC') - a global alliance between Alcoa and Alumina Ltd. - and the
Government of Jamaica, with AWAC as the managing partner.
Newly
Qualified Volkswagen Technicians Set Sail for Success
The
first students to undertake Volkswagen Commercial Vehicles’ apprenticeship
scheme have graduated, and been rewarded with a day’s sailing on
a 67 ft ocean-going racing yacht. While on board, the students received
their certificates from Will Pettit, Training Development Manager for
Volkswagen Commercial Vehicles.
The apprentices have been working towards an Advanced Modern Apprenticeship.
This is a three-year course culminating in the students achieving an NVQ3
in Vehicle Mechanical and Electronic Systems Maintenance and Repair, in
addition to the Institute of Motor Industry (IMI) technical certificate
and key skills Level Two award.
S&B Training runs the course at the Isambard Kingdom College, Bristol,
where the apprentices attend six two-week blocks per year. The course
focuses on the Volkswagen CV range and products, allowing the apprentices
to learn skills in modern automotive diagnostic and repair techniques
on their own brand.
The apprenticeship scheme was set up by Volkswagen Commercial Vehicles
to ensure its young technicians are trained to provide the highest standards
of vehicle maintenance and customer service. Volkswagen Van Centres in
Maidenhead, Milton Keynes, Westbury, Bristol, Sidcup and Yeovil are already
benefiting from the skills of the newly qualified technicians.
The Volkswagen Commercial Vehicles’ apprenticeship scheme is open
to workshop employees, aged 16 to 21, throughout Volkswagen’s national
network of van centres. All the training is government funded, though
there is a cost of £2,250 per student per year, which goes towards
travelling and accommodation expenses plus course materials. In return
for this investment, participating Van Centres gain a highly skilled light
commercial vehicle technician.
Oliver Keates, an apprentice from the Oval Van Centre in Westbury, said:
‘The course was brilliant. I’ve received first-class training
from experienced and friendly staff in modern, superbly equipped facilities.’
S&B Training is a non-profit making organisation that has served the
training needs of the motor industry for over 25 years. Significant investment
has resulted in the opening of a new light commercial vehicle department
at the college, with three new multi-media equipped classrooms and two
purpose-built workshops.
When the new term begins this month, 30 apprentices will be on the scheme.
For further information on the Volkswagen Commercial Vehicles’ apprenticeship
scheme contact Will Pettit on 07887 633081 or S&B Training on 0117
9533001.