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Geoff
Hoon Supports Synseal's 5 Percent Campaign
The
Right Honourable Geoff Hoon MP was delighted to meet with Synseal's Nick
Dutton to discuss the 5 percent VAT campaign.
Geoff Hoon listened with interest to Synseal's argument to include 'A'-'C'
energy rated windows in the lower rate VAT category. He too was surprised
that these energy efficient windows were not eligible.
We were impressed with the speed Geoff Hoon reacted to the information
we gave him, says Nick Dutton. While we were there he contacted
the Chancellor's Department to see what could be done to add energy efficient
windows to the lower rate VAT category.
Synseal is a major employer in Geoff Hoon's constituency and he's
always on hand to help in these situations, adds Nick. It's
not the first time Geoff Hoon has helped our industry. Today he reminded
us of the last time he met with Synseal. He remembered about the challenge
to proposed building regulations for conservatories and said he thought
his long conversation with John Prescott had the desired effect. Geoff
Hoon added that it was a simple argument, and that's what won the day.
He could see the lower rate VAT campaign is simple too. It's easy to get
bogged down with all the peripheral arguments but it appears to be clear
cut. When he saw the categories that had eligibility and that windows
were omitted he accepted the equitable argument.
Geoff Hoon is keen the government finds more ways to reduce carbon
emissions and he's backing it by supporting the lower rate VAT campaign
for 'A'- 'C' energy rated windows.
Tel: 01623 443200
Web: http://www.synseal.com
Edgetech's
VAT Campaign Continues to Gather Pace
Edgetech
is delighted with the industry's response to its VAT campaign. Companies
from across the fenestration industry have joined the specialist in warm
edge technology to lobby the Government for reduced VAT of 5% on Energy
Saving Recommended (ESR) windows in line with other ESR products, such
as solar panels, insulation and draught stripping.
Andy Jones, Managing Director of Edgetech UK, comments: The response
to our VAT campaign has been tremendous and it is great to see market
leading companies such as Synseal showing their support too. Energy Efficiency
continues to be a hot topic. If the Government wants to reach its 2010
target of reducing carbon emissions by 20% it needs to take notice of
the benefits ESR windows and support the industry in doing this. With
continued lobbying, via letters to Government officials, local MPs and
our online petition, I believe we can make a difference and have ESR windows
included on the list of products entitled to reduced VAT. So far, more
than 70 people have signed our online petition, but we expect this to
grow once it has been publicised on the Glazine this week.
Edgetech's online petition can be found at: http://petitions.pm.gov.uk/reduced-VAT
Tel: 02476 705570
Sam
Kennedy: Statement from WHS Halo
WHS
Halo has announced, with some sorrow, that Sam Kennedy, Sales and Marketing
Director for consumer related business; is moving on to take up a senior
position elsewhere in the industry. WHS Halo is saddened to see Sam depart,
but accepts that the new position represents the next logical step in
his career progression, and is also geographically much closer to home.
Winston Duguid, Managing Director of Bowater Building Products and Sam's
colleague these last 18 years, comments: 'No praise is high enough for
Sam's outstanding contribution, first at Halo, and then to the expanded
business of WHS Halo. Sam has been part of a highly successful team that
has grown an £18 million importer of profile into Britain's fifth
largest extruder with a turnover now over £70 million. Sam's contribution
has not just been in the Sales and Marketing discipline; but in other
departments where his engineering background helped in many a lively discussion
whether it be product development, extrusion or logistics. I know I speak
for all his colleagues over the years in thanking him for his tremendous
endeavours and we all wish him well.
Winston continues, Despite Sam's departure, it is very much 'business
as usual' at WHS Halo. We have a strong sales and marketing team that
has done very well in recent years; and one that is intent in carrying
on our success into 2007 and beyond.
Tel: 0121 749 3000
Web: http://www.whs-halo.co.uk
CAP
in Receivership
More than 125 workers have lost their jobs at a Sandwell window and curtain
walling firm after attempts by the official receiver to find a new owner
failed.
CAP Group and CAP Aluminium Systems, based in West Bromwich and Ocker
Hill, went into receivership last week blaming a slump in the market and
profit woes.
Established in 1983 CAP was one of the UK's foremost fabricators and installers
for commercial retail and public sector markets: one of Kawneer's largest
dealers worldwide and accredited installers of Pilkington Planar structural
glazing and Wright Style steel fire-rated glazing systems.
Receiver Krolls was hopeful of finding new buyers for the business, which
designed and built metal windows and walling systems. But it has confirmed
the firms operations were now being wound up.
Adrian Wolstenholme, of Krolls, said 'The absence of offers and lack of
funds to enable trading to continue have left us with no alternative other
than to commence a wind down of the group's operations.
This has involved the implementation of redundancies which have affected
125 employees. The remaining 15 employees have been retained to assist
us in the wind down process'
Although the businesses were based in Spon Lane, West Bromwich, and Blakeley
Wood Road, Tipton, it operated as a subcontractor and main contractor
on construction projects.
The receiver said that CAP's last published accounts showed it made a
loss of more than £500,000
BFRC
Chairman Addresses the Industry
BFRC Ltd Chairman, Robert Aitken took the opportunity to speak to the Industry
about various BFRC developments after the Board meeting in London.
'As
the industry knows, GGF took over the BFRC Ltd and development of the WER
system in June this year. For technical reasons the operation of the website,
database and certification process could not be taken over until October.
Since then the process has continued as before with existing Simulators
and software while development work is undertaken to secure the future.
In this short period the BFRC Ltd has reviewed its systems to ensure that
they are made more robust and scaleable. This has included addressing a
series of specific issues as a matter of urgency, reflecting the rapid growth
in interest, importance and demand for simulations.
These include:
Database & website: This is being completely re-designed and
upgraded to cope with a much higher volume of registrations as well as reflecting
the new circumstances. The BFRC Board already has a detailed database specification
in place.
Independent Agencies: The role of the Independent Agencies has been
proceeding without a comprehensive Manual of Operations to ensure uniformity
of approach. The need for this in order to ensure a level playing field
was recognised early and I am happy to say that a new Manual of Operations
for the IAs has now been developed, agreed and published.
Simulation process: Simulations have continued to be carried out under
the Simulators Manual developed over a number of years. However, the
much higher levels of certifications and interest has thrown up some further
potential challenges. Accordingly urgent work to deal with certain elements
more precisely has now been undertaken and a number of such items agreed
at the recent Simulators meeting. These include further work on the definition
of factors to be used for variations in the use of glazing tapes, treatment
of rounding in extremely precise multi-factor calculations, and additional
security vetting for ratings which lie close to the margins between rating
bands. In a dynamic industry such as ours, this will clearly be a continuing
process. Accordingly BFRC Ltd is also moving forward rapidly and providing
resource to ensure this Manual is amended and continues to develop dynamically
in conjunction with the Simulators.
These areas of substantial and very constructive development are costly,
particularly the major website revamp. However, the BFRC Board are confident
that funds can be made available from GGF Group resources.
Amid all this constructive news I am sorry to announce that Richard Harris
of Sandberg who has been Chair of the BFRC Simulators Group since its inception
has resigned and advised that Sandberg will no longer compete in undertaking
BFRC Simulations.
Thanks are due to Richard for his enthusiastic efforts and the flack he
has had to take when views get heated on issues dear to our hearts as window
enthusiasts. The Board is actively consulting with the Simulators to get
a new Chairman in place for the Simulators Group.'
Everwhite
Signs $85m Contract in USA
Everwhite
Plastics Ltd has signed an $85 million deal to supply an American company
with plantation shutters. Everwhite has been manufacturing a louvered
window shutter system specifically for the American market since last
year.
We are delighted to have signed this contract which will see Everwhite
products sold in the US for at least the next 10 years, comments
Managing Director, Ken Davies. The market for shutters in America
is vast and Everwhite's quality louvers are well placed to take advantage
of it. Rather than simply copying the existing vinyl shutter systems,
Everwhite has taken time to develop a unique profile that looks better
and lasts longer. The improved colourfastness, tougher impact resistance
and increased rigidity outstrip any competition in the American market.
The shutter market is in its infancy in the UK but we will be looking
for strategic partners to launch our range of plantation shutters here
too.
Tel: 01685 882 447
Ultraframe
Announces Six New Members of its Ultra Installer Scheme
Another
six conservatory installers have recently met the standards required to
join The Guild Approved Ultra Installer Scheme. The scheme has totalled
over 100 retail installers this year, demonstrating that establishing
your credibility as a professional installer has never been so important.
The Scheme which is approved by the GGF and BBA is proving a success in
providing marketing support for its members and helping to boost their
business with increased sales leads.
The Scheme offers installers a real competitive advantage amongst homeowners
who see the Scheme as an instant recognition of quality and gives them
the confidence that they are choosing a reliable installation company.
Mark Hanson, Marketing Manager at Ultraframe, said: Positive feedback
from existing members and the wave of new installers entering the scheme
reflects the huge range of benefits the Guild Approved Ultra Installer
Scheme offers. Ultraframe, The Guild of Master Craftsmen and the BBA work
in partnership with Ultra Installers to help them build their businesses
and set higher industry standards which will enhance their reputations
and credibility with homeowners. News of Ultra Installer success stories
seems to be spreading fast with increasing numbers of installers downloading
application forms through the Ultraframe website. As part of the ongoing
effort by Ultraframe to ensure the Scheme offers members the best competitive
advantage, we are investing in the marketing and support of the scheme
to offer installers quality sales leads.'
Applicants and members undergo independent inspections by the BBA, which
give them a head start in advance of any anticipated Building Regulation
changes and increases their credibility with homeowners. Once accepted
to the Scheme, installers receive regular training at Ultraframes
School of Excellence to ensure they are always up to date with new products
and installation techniques.
Ultra Installers now have the unique opportunity to offer customers an
Insurance Backed Guarantee, at special rates negotiated by Ultraframe,
and a Certificate of Authenticity on all Ultraframe roofs, which ensures
even greater peace of mind for the homeowner. They also have access to
a variety of business support benefits from the Guild of Master Craftsmen,
such as chip & pin machine discounts and vehicle finance options.
The Ultra Installer Scheme also offers a comprehensive promotional and
marketing support package to its members. Added value benefits include
access to the exclusive Marketing Toolbox, which helps members to build
further awareness and sales by creating personalised marketing campaigns
with minimal effort.
Inclusive marketing support, homeowner confidence and increased sales
leads all add up to offering installers a unique opportunity for installers
looking to boost their business
For further information or to request an application pack visit http://www.ultraframe.com
or call 0845 634 0688
Nottingham
venue for Aluminium in Renovation Awards
The
organisers of the 'UK Aluminium in Renovation Awards' have selected the
East Midlands Conference Centre for the awards dinner and presentation
on 22nd March 2007. Centrally located on Nottingham's University campus
and set in 330 acres of landscaped parkland, the East Midlands Conference
Centre has the capacity to cater for such a prestigious event.

The
Awards which include categories for both residential and non- residential
buildings have a closing date of 2nd February 2007. They are particularly
inclusive of the thousands of smaller regional architects practices who
design masterpieces of architectural detailing on a daily basis which
are rarely communicated to the wider industry. Renovation and refurbishment
projects completed after 1st January 2005, which use aluminium in any
form:cast; sheet; or extrusion, are eligible for entry.
The UK first prize of £5,000 will be awarded for the best use of
aluminium in renovation, a sector where the qualities of the light metal
are often underestimated. The winning building should illustrate that
whether used to preserve a piece of national heritage or to upgrade the
environmental performance of a residential or a utility building aluminium
is 'the sustainable solution'.
A maximum of 10 projects including the Awards winners will be nominated
by the judges for the 'European Aluminium in Renovation Award' which takes
place in Brussels in November 2007 and is being organised by the European
Aluminium Association.
Application forms are available from the Council for Aluminium in Building
(CAB) organisers and promoters of the UK Aluminium in Renovation Awards.
Telephone: 01453 828851 or website http://www.c-a-b.org.uk
Secured
By Design joins Forces with Glassex
Wanting
to increase its appeal to the hardware and public sector markets, Glassex
has entered into a close partnership with Secured By Design (SBD) to support
the 2007 exhibition, offering a more rewarding and attractive experience
for visitors and ensuring the exhibition is representative of the wider
fenestration industry.
With more and more companies in the fenestration industry looking to adopt
Secured by Design crime prevention and security standards in their current
and forthcoming product ranges, the organisers of Glassex recognised the
importance of collaborating with the UK's Police flagship initiative to
attract new exhibitors to the show, draw a wider range of visitors through
its doors and to boost areas of the market that have not been fully represented
in the past.
With the number of hardware and public sector exhibitors already exceeding
the 2006 event, this initiative is anticipated to grow even further over
the coming months, particularly as designing out crime is
a top priority for all specifiers looking for products that will help
to create secure, quality places for people to live and work.
Commenting on the alliance, Glassex Sales Director Dave Broxton said:
Having the support of Secure By Design behind us for next year's
show, not only helps to strengthen our appeal to companies that may not
have exhibited before, but also justifies our position within the marketplace
and serves as a positive indication that Glassex is responding to the
needs of the industry. With crime prevention featuring evermore strongly
on everyone's agendas, Glassex '07 will act as the perfect forum to see
the latest in security innovation offered by the industry's leading companies.
I am delighted to be able to form a mutually beneficial, strategic relationship
with such an important organisation.
As part of this partnership agreement, Glassex will gain access to more
than 50,000 public sector housing professionals further extending its
reach, and on top of this there will be Secured By Design seminar presentations,
an information point, product trails with SBD approved products emphasised
in the Show Guide and You Are Here boards. Secured by Design will also
present an award for the Best SBD Product at Glassex which carries with
it significant prestige and PR potential.
Total
Glass Chooses Wegoma
'Total
Glass has recently placed an order for four Dubus PVC 901 Machining and
Cutting Centres' reports Gary Mayer, of Wegoma GB Ltd.
'We faced strong opposition in securing this order, but that is only to
be expected when a customer is spending nearly £1m.
We always felt confident, however, because the PVC901 can produce approximately
950 frames per week, and can V-Notch, Y-Cut, X-Cut and Q-Cut from both
sides of the profile, unlike many of our competitors machines. It will
also measure every bar for tolerance, and adjust the cuts accordingly,
and with the outstanding optimisation program, waste is virtually eliminated.'
Total Glass, one of the largest trade frame manufacturers of windows,
doors and conservatories, in the UK, has ordered the machines to handle
the company's ever increasing trade and commercial volume.
'We looked at many machining centres, and took our time making this decision'
says Frank Deary, Managing Director of Total Glass.
'Visiting several factories, we chose the Dubus, not only because of it's
capabilities, but also because of the superior build qualities and the
professionalism of the team, when we visited the European Headquarters.
Combine this with the excellent service levels that we have come to expect
from Wegoma, and the decision was made.
During 2007 we will be looking to make further investment into the
most up to date technology to ensure that our customers continue to get
the best quality frame in the industry
With
a stand that reflects the size of the company, Wegoma is returning to
Glassex 2007 with a host of specialist machinery for the fenestration
industry. The stand - C100 - is over 200m2 and occupies a prominent position
in the hall, visibly standing out as one of the largest exhibitors.
Bystronic
to Hold more Demonstration Seminars
After
the success of the recent open day held by Bystronic Glass UK at the Telford
head office, the company has scheduled further events due to the demand
from customers. The next event will be held on December 12th 2006 where
current key industry issues and solutions will be highlighted.
Here various products from the Bystronic range will be demonstrated including
the key benefits of the spacerbar bending technology and the significance
of gas filling in relation to the mandatory European Directive BS EN 1279
which comes into effect April 2007.
Due to the interest shown at the first seminar held in October 2006 where
important elements were defined to key industry window manufacturers Bystronic
has developed a schedule of similar events to encompass a number of important
industry aspects which will be highlighted throughout the day via discussion
and demonstation. These will include winning strategies on how to manufacture
products under the BFRC rating scheme.
Specialists from Bystronic's gas filling division will be flying in from
Germany to discuss the importance of compliance and how it can be achieved
using products from the gas filling range to demonstrate this effectively.
Additionally, Dave Rogers from CEN Solutions will discuss the implementation
of the new standards in relation to BS EN 1279 part 6 regarding gas testing
of sealed units. 'Gas Filling' remains a crucial issue in production methods
that many manufacturers still have not considered.
Once again visitors have been recommended to bring along IG unit samples
to check that their own existing production processes meet the gas filling
and retention requirements of the new legislation.
It has been estimated that as many as 3000 companies manufacture Insulated
Glass units, most of these are likely to produce IGU's with gas filling
but only a small number have so far sought to achieve approval under the
BS EN1279-3 test procedure.
Alan Linsdell, National Sales Manager, comments, There is significant
potential for growth within the UK glazing market however the failure
to comply with the introduction of the new standard could have far reaching
consequences for those who fail to see its relevance and importance.
Alan Linsdell concludes, We believe these Open Days will offer businesses
the opportunity to ensure that they can comply with the new industry regulations
and will place them ahead of their competition via the highly efficient
machinery available from Bystronic Glass.
Tel: 01952 677971
Email: sales@bystronic-glass.co.uk
A
Blooming Success!
Marston
& Langinger, specialist in built-to-order garden rooms and conservatories,
chose to promote the high performance COMFORT+ conservatory units from
Solaglas by installing them in the companys display at the Chelsea
Flower Show.
The SGG CLIMAPLUS® COMFORT+ product, with its natural tint that blends
well with clear vertical glazing, is still used mainly in conservatory
roofs, but is now being used more and more in the vertical glazing.
South facing conservatories, especially, need solar control in the verticals
as well as the roof. The natural appearance of this product makes it an
excellent choice.
The COMFORT+ range is proving so popular that Solaglas has further expanded
its portfolio of high performance products for this market segment. COMFORT+
BLUE is the latest addition to the range.
This unit incorporates all the features and benefits of the COMFORT+ unit
(e.g. advanced solar control / thermal insulation, true dual action self-cleaning
glass, reduced solar glare, sound reduction, damaging UV light reduction).
It also has a subtle blue appearance, which is popular for conservatory
roofs.
The new COMFORT+ brochure gives full details of these and other products.
Email solaglas.msn@saint-gobain-glass.com
to request a copy.
Carl
F Group Celebrates 125 Years
The
Carl F Group celebrated 125 years trading with a commemorative event in
Denmark, home of the Carl F parent organisation.
All Carl F staff were invited to attend and over 450 representatives from
the company's international workforce gathered at the Royal Danish Theatre
(see photograph) for the highlight of the anniversary activities.
Since being formed in 1881, the Carl F Group, represented by Carl F Petersen
Ltd in the UK, has achieved a group turnover of over £90million
and established a global network of subsidiaries and distributors.
While celebrating the landmark anniversary achievement, the forum focussed
on the future for Carl F.
In a keynote speech, Carl F Group CEO, Hans Christian Petersen highlighted
a vision that combines the Carl F people and their expertise, product
innovation and continued market development. UK Carl F staff were among
the international audience that attended the event.
Tel: 01536 401155
Email: sales@carlf.co.uk
Web: http://www.carlf.co.uk
Interbuild
Exclusive Collaboration with Mtech
Interbuild has announced an exclusive collaboration with Mtech Group to
deliver what promises to be THE event in the off-site construction calendar.
With a series of technical guided tours and a new seminar programme, the
Off-Site Solutions Zone at Interbuild 2007 will attract major players
from the UK and overseas to showcase their off-site products and discuss
key industry developments in this rapidly emerging sector. Off-site construction
is becoming a crucial part of the building industry and the sector is
growing at a rate in excess of 30% per annum.
All major sectors of the construction industry now employ off-site technology
in one form or another.
5,970 off-site construction visitors attended the 2006 show.
On that basis, 33 companies promoting off-site solutions have already
committed to exhibiting in the Off-Site Solutions Zone at Interbuild 2007.
The impressive line-up of companies includes H + H Celcon, Elements, Cadalto,
Bath Systems, JJ Smith, Wolf Systems and Ensuite Solutions.
Mtech Group Limited is the leading specialist consultancy for off-site
construction.
Darren Richards, managing director comments: 'Mtech is delighted to be
working exclusively in partnership with Interbuild for the third year
running to support the Interbuild Off-Site Solutions Zone at the 2007
show.
'Interbuild is the only event in the UK that brings together the whole
construction industry, attracting large numbers of architects, key specifiers
and other major off-site groups.
'The show has a huge role to play in raising the awareness of off-site
construction.
'The Interbuild Off-Site Solutions Zone provides us with a unique platform
to host a series of technical guided tours and a new seminar programme
in 2007 to highlight how this aspect of the industry is evolving and demonstrate
its importance to key figures in the construction industry.We've all seen
the headlines, the current challenges facing UK off-site construction
are well publicised.
The combination of growing demand coupled with issues of sustainability,
quality and capacity, are just some of the issues facing some off-site
manufacturers. By using the latest manufacturing and materials technologies,
off-site construction is setting new standards in fast, cost-effective,
quality building that is conducive to enhanced performance all around.
However, there is still a long way to go to raise awareness across
the construction industry about the systems and products available and
how they can benefit a whole range of sectors in the built environment.
Gordon Thomas, event director of Interbuild comments: 'We have seen increases
in the number of exhibitors and visitors concerned with modern building
methodologies over the past few events and we are committed to providing
a platform where companies can meet and do real business.
Interbuild always reflects the hottest topics in construction and
as off-site is possibly the most discussed subject, it is only right that
we should have a major commitment to that zone'.
'Visitors to Interbuild will be able to walk through the zone or book
on to a technical guided tour, experience a wide range of off-site technology
and view for themselves the major advances this manufacturing sector has
made in recent years.'
AGS-Pro-Bend
Improves with RPS Rapidity
Specialist
shaped frame manufacturer AGS Pro-Bend has just signed up to RPS Ltd`s
business management software, Rapidity. The software is a complete system
for the running of any company in any industry but can be specifically
tailored to suit any industry sector. RPS are also the creators of the
RoofWright conservatory design, sales and maufacturing software.
We wanted a piece of software to help manage our company more efficiently
& effectively. As we are growing at such a rapid rate we need the
necessary systems in place to deal with this growth. Having worked closely
with RPS for 3 years now on our shaped frame processing software, 'Moonraker',
we knew of no other company that would deal with our needs better.
The new Rapidity software works in conjunction with Moonraker and
allows stock control, stock ordering, marketing databases, sales order
& invoicing links to Sage Accounts and many other key points essential
to the growth of our company, commented Matthew, Managing Director
of AGS Pro-Bend.
Signing the Rapidity deal with RPS further cements the relationship
we have with the company and shows our commitment to moving ahead of the
rest within this side of the industry.
We look forward to having the software installed later this month
and thank all at RPS for their hospitality during our visit, added
Matthew.
For more details on AGS Pro-Bend:-
Tel: 01482 876680
Email: sales@:agsonline.co.uk
Web: http://www.agsonline.co.uk
To contact RPS:-
Tel: 0161 426 1120
Email: sales@rpsys.co.uk
UK's
'Lowest Consumer Credit Facility' takes on Home Improvement Market
Retailers
in the home improvement industry have been reaping the rewards of a new
credit facility which has given their customers unprecedented spending
power.
Bankbuster - recently launched by independent finance specialists Consumer
Credit Solutions (CCS) - currently provides the lowest unsecured loan
rate in the UK. It is available to all sizes of retailers and offers an
impressive 4.9% APR with extended payment terms up to 120 months.
Andy Wallace, Managing Partner and founder of CCS, is delighted with the
way the finance package has been received by retailers and customers alike.
This is one of our most exciting products ever. Retailers like it
because it is easy to set up and only requires them to make a modest subsidy
contribution - much cheaper for instance than with traditional interest
free credit, with the added selling appeal of longer repayment terms.
The
product is also proving popular with consumers, he added. It
is actually cheaper than most peoples' mortgage rate and has none of the
associated set-up costs. Therefore, for what is often a relatively small
monthly instalment, people can access greater amounts of finance than
they might initially have budgeted for.
CCS is able to offer such advantageous terms to retailers because of its
considerable market experience in the home improvement sector and high
volume turnover with some of the UK's leading credit and finance houses.
This enables the company to secure the best possible finance deals for
its clients, which they in turn can offer to their own customers.
As well as arranging individual finance deals, CCS also offers retailers
a comprehensive support package, including ongoing account management,
advice on how to promote the available credit products, advertising, and
on-site training on how to complete and process credit applications.
What sets CCS apart from other lenders is that it offers consumer credit
packages to all sizes of business - from the independent home improvement
companies to major national players. This is one of the selling points
that have given Bankbuster such a wide market appeal.
Croston Conservatory and Window Centre - based in Leyland, Lancashire
- has been offering Bankbuster to its customers since the product's launch
and is delighted by its impact on sales.
We had never really explored the consumer credit market in the past
because we thought it would be too complicated and time consuming,
explains Croston's Sales Director, John Latimer. However, CCS introduced
us to Bankbuster, which has been simple to manage and a highly effective
way of boosting sales.
Most of today's home improvement projects represent big financial
investments so being able to access the lowest repayment rates on the
market over a prolonged period of time has proved very popular with our
customers. In some cases it has made the difference between people getting
the product they really want as opposed to the one they thought they would
initially be able to afford, he said.
After only eight years' of trading, CCS has carved out a substantial niche
for itself in the national home improvement sector, handling an annual
credit managed programme in excess of £100million. Its customers
include household names such as Everest Windows, Hammonds Furniture Ltd
and Betta Bedrooms.
Retailers wanting to find out more about Bankbuster and CCS's other credit
services should visit http://www.creditsolutionsgroup.co.uk
or call 0845 120 6666.
Cardiff
Glass in a Visionary Move
Conservatory
specialist, Cardiff Glass, has just opened a new 2,000 square feet showroom
in Cardiff's newly built Design Quarter. It's the first time the multi-award
winning company has had a public outlet to showcase the wide range of
products and services it offers both residential and commercial markets.
Cardiff
Glass's Director, Shaun Armstrong, is excited by the new showroom and
the opportunity it represents: This is a really big step for Cardiff
Glass. We're aiming to continue our commitment to delivering high standards
of personal service and to further build upon our family business's reputation
by reaching out to a far wider audience. The showroom is designed to show
customers how a conservatory can not only add extra space but also offer
the opportunity to create the lifestyle they want.
The showroom will be home to a range of window, door and conservatory
products fused with the very latest in 'cutting edge' glass technology
and manufactured from the 3000 Zendow system. These products are courtesy
of Deceuninck and K2 Conservatory roofs, Cardiff Glass's main suppliers
of pvc-u and aluminium profiles. Shaun explains why the company chose
these suppliers:
Cardiff Glass takes pride in offering its customers high quality
and excellent service, qualities for which both K2 and Deceuninck are
renowned. Their products and their service offer us the support we need
to meet our commitment to our customers and maintain our reputation.
And Cardiff Glass says that it certainly does have a reputation to maintain.
The company has been involved in glass and glazing systems for over three
decades and has been constructing conservatories throughout South Wales
since the mid-nineties.
In 2005, the company won the Wales regional and UK national awards for
the Federation of Master Builders 'Conservatory of the Year' awards for
a £25,000 addition to a striking rural home in Wenvoe, near Cardiff.
To further last years haul, Cardiff Glass has 'done the double' by winning
both the Welsh regional title and overall National title for an unprecedented
second successive year with a large scale high tech 'T' shaped Rosewood
finished conservatory entry costing close to £50,000 to a traditional
farmhouse style property in Efailisaf, on the outskirts of Cardiff. As
part of the award, Shaun and his clients Mr & Mrs Gay can now enjoy
a fully inclusive weekend away in a luxurious 5 Star Hotel of their choice,
courteousy of the Paramount Group, one of the main category sponsors of
the FMB Awards.
Its membership with the nationally recognised 'Federation of Master Builders'
and holders of the equally important 'Trustmark' license has firmly enhanced
the company's longstanding reputation as a family business whose primary
focus for each and every client is to deliver in the key area of the client/supplier
relationship, that is to provide the very highest levels of customer satisfaction.
The Cardiff Glass showroom opened on 9th October. It's open six days a
week: Monday - Friday 9.00am - 5.00pm and Saturday 10.00am - 4.30pm.
KAT
UK Completes Major Local Authority Contract
KAT
UK, the UK supplier of readymade patio doors and vertical sliding sash
windows, has recently completed a major contract involving the supply
of over 1200 of its 'Elegance' sliding sash windows to the national building
contractor - Bramall Construction.
Bramall
Construction's Liverpool branch has used KAT UK's WHS Halo, or 'Elegance'
range, of superior quality sash windows in a large refurbishment project
for the Arena Housing Association in the Sefton Park area of Liverpool.
It is part of the local council's ongoing efforts to regenerate and revitalise
the city.
KAT UK is constantly striving to keep its products at the forefront of
its markets with continuous product improvement, developments and investments
in its staff and, as a result, could meet the exacting needs of the local
authority.
The conservation office at Liverpool Council instructed us to use
KAT UK's Elegance sliding sash windows because they meet the conservation
requirements of the area with their authentic look and excellent quality,
said Danny Burns, Quantity Surveyor at Bramall Construction's Liverpool
office.
Jim Kelleher, VS Product Manager at KAT UK said: Liverpool Council
specified our 'Elegance' sash windows for refurbishment and new build
work within the conservation areas of Liverpool. The Council did this
because of the attention to detail that we and our system supplier, WHS
Halo, put into producing and manufacturing the windows. Our windows
have been designed to closely match Georgian timber sash windows in terms
of sight lines and decorative features, so are the perfect choice for
replacement work. In addition, they are a beautiful and well performing
window by modern standards so can equally be used for new build developments.
The KAT UK 'Elegance' sash window allows housing associations to retain
or re-instate the period detail and charm of properties, while eliminating
sticking sashes, draughts, rattles and the requirement to paint and maintain
old wooden sash windows.
The window is double glazed with low 'e' glass, has a triple chambered
frame profile and is fitted with triple weather seals as standard to ensure
that both the elements and any noises are kept out. In addition, all KAT
UK VS windows comply with Building Regulations Document 'L' requirements.
The windows can be fitted with a tilt facility as well as sliding up and
down to allow for easy cleaning, even from first floor level and above.
Gold, chrome, black or white window furniture is available, as are period
touches like a deep bottom rail or decorative sash horns.
Bramall Construction's Site Manager, Les Charlton commented: KAT
provided us with around 50 windows per week for over five months and not
only did the windows look superb but we also developed a very good working
relationship with the firm's personnel during this time.
I'm pleased to say that all of our windows arrived on time and the
whole contract ran very smoothly. We would certainly be very happy to
work with the KAT team again.
Tel: 01625 412558
Email: sales@katuk.co.uk
Web: http://www.katuk.co.uk
National
Survey of English Housing 2005-06
The
Survey of English Housing (SEH) is a continuous household survey carried
out for DCLG by the National Centre for Social Research, and provides
important housing data on owner occupation and on the social and private
rented sectors.
The Survey of English Housing (SEH) is a continuous household survey carried
out for DCLG by the National Centre for Social Research, and provides
important housing data on owner occupation and on the social and private
rented sectors.
This preview presents some of the key findings from the 2005-06 survey,
however these results are provisional, not final, results.
When the final results for the 2005-06 survey become available the results
can be expected to be very similar to those given in this Statistical
Release, though not identical. In addition to the provisional SEH results
for 2005-06 a number of tables based on data from the Labour Force Survey
(LFS) for 2006 are also included.
Key Findings
* Housing tenure: In 2006 there were an estimated 14.6 million owner occupiers
in England (70 per cent of the total), 3.7 million (18 per cent) social
renters and 2.5 million (12 per cent) private renters.
* Younger households and private renting: In 2001, 40 per cent of under
30 households were buying with a mortgage and 33 per cent were renting
privately. By 2006 the proportion buying with a mortgage had declined
to 34 per cent with the proportion of private renters rising to 41 per
cent.
* Length of residence: Nearly 2 million households had been resident at
their current address for less than one year, though this varied considerably
by type of tenure. For instance, 38 per cent of private renters had been
in their current accommodation for less than a year compared to just 2
per cent of outright owners. 46 per cent of all households had lived at
the same address for 10 years or more, with 27 per cent for 20 years or
more.
* Owner occupation by household type: 79 per cent of couples with dependent
children were owner occupiers. By contrast only 37 per cent of lone parents
with children were owner occupiers while 46 per cent of them were social
renters.
* Housing tenure by ethnicity: In 2006, 8 per cent of all households in
England were black or minority ethnic (BME) households. 75 per cent of
Indian households were owner occupiers as compared to 50 per cent for
BME households as a whole. 52 per cent of Bangladeshi households were
in social housing.
* Overcrowding: There are about 526,000 overcrowded households in England
- about 2.5 per cent of all households. By region, London not only has
the highest overall rate of overcrowding (6.6 per cent) - but also the
highest regional rates for individual tenures: 3 per cent of owner occupiers;
12 per cent of social renters and 10 per cent of private renters.
* Private and Social Rents: The average rent paid by those social renters
receiving Housing Benefit was £68 per week before Housing Benefit,
and £10 per week after Housing Benefit. The corresponding figures
for the private rented sector were £104 per week before and £22
after Housing Benefit.
* Problems in the neighbourhood: Of 14 issues that we asked about, traffic
was the worst problem (affecting 53 per cent of households; crime was
the next highest (49 per cent); followed by litter/rubbish (43 per cent),
teenagers hanging around (43 per cent) and vandalism/hooliganism (41 per
cent).
* Equity release: About 650 thousand homeowners withdrew an average of
£33,000 each in equity from their homes during each of the past
three years.
The most common use for the money withdrawn was for home improvement,
accounting (at least in part) for 56 per cent of withdrawals. 29 per cent
of withdrawals had been used to pay off other debts and 15 per cent to
buy new goods for the home (such as carpets/furniture). 66 thousand homeowners
each year withdrew equity to help fund another property purchase - either
for themselves or for a family member. The average withdrawal used for
this purpose was £74,000.
* Buying aspirations of private renters: In 2005-06, 60 per cent of private
renters said that they expected to eventually buy their own home. 10 per
cent of those who said they expected to buy said they would probably buy
the place they were currently renting.
* Second homes: The number of English households with homes abroad has
doubled from 115 thousand in 1996-97 to 235 thousand in 2005-06. English
households also own about 260 thousand second homes located within England
- but this has risen by a more modest 30 per cent over the past nine years.
Hamburger
Aluminium Werk Sale Signing Paves Way for Restart
The assets of Hamburger Aluminium Werk (HAW) will be sold to German Trimet
Aluminium AG with effect as of 1st December.
The three HAW shareholders, Alcoa, AMAG and Hydro, with 33.33% each, signed
respective agreements with Trimet and with the owner of the site's real
estate, the Hamburg Port Authority (HPA). Trimet is to restart the plant,
which will offer at least 400 jobs in the new operation, according to
a joint press release.
The three current owners in 2005 decided to close HAW because of the high
power prices in Germany. Since this decision was made, the price for primary
aluminium, as noted on the London Metal Exchange, has clearly increased,
while spot price for the raw material alumina has come sharply down. However,
forward prices in the German power market have increased.
The HAW shareholders still miss a German power price regime that provides
a sustainable, long-term perspective for aluminium production. Based on
a specific product portfolio, Trimet is ready to take the challenge for
restarting the plant and create new employment.
The Hamburg Port Authority has facilitated this transaction by agreeing
to the termination of HAW's lease agreement, at terms acceptable to both
parties.
As main part of the recent deal, all HAW assets are sold to Trimet who
will restart the anode plant and the electrolysis. In addition, Hydro
will sell to Trimet certain site infrastructure assets that it acquired
from HAW when it was closed. Hydro and Trimet will simultaneously enter
an agreement to provide site services to one another.
Hydro and the Hamburg Port Authority have agreed on a draft of a new lease
agreement for the casthouse area, which until now has been subleased from
HAW. As well, Trimet and the Hamburg Port Authority have agreed on a new
lease agreement for the HAW site.
In July 2005, HAW had 551 employees. Of these, 33 still carry out maintenance
on the HAW assets. Hydro, who acquired the site's casthouse, today employs
103 former HAW employees. 89 colleagues have found other, new employers.
Benefiting from the HAW shareholders' social plan package, 22 people left
with a compensation payment, 71 retired or working part-time, the others
are being supervised by a transfer agency, with some of them participating
in training and qualification programmes or work placement and internship
measures.
Hydro
Invests in Hamburg Plant
Hydro will invest EUR 12 million in its aluminium casthouse and rolling
mill in Hamburg, Germany. And a new agreement means that employees are
making a significant contribution to securing a viable future for the
plant and the more than 600 jobs there.
The investment, as approved by the Corporate Management Board, is mainly
dedicated to building a new twin-chamber furnace.
This is a good day for the aluminium plant in Hamburg-Finkenwerder!
With the new furnace, we can recycle our own scrap, as well as additional
scrap, in-house. This will reduce our metal costs, make the plant more
competitive and also our operations more efficient in terms of process
ecology, says Hans-Joachim Kock, who is head of Hydro's Rolled Products
business sector.
The new equipment completes an improved set-up for the Hamburg plant,
which started operating in 1973, became part of Hydro in 2002, and was
thoroughly modernised for more than EUR 50 million by June 2003.
A major contribution to lower costs comes from the workforce.
Triggered by the new investment, a respective agreement with the works
council is now effective.
Based on the excellent cooperation between employees and management,
all the main pieces are now in place to make the Hamburg plant profitable
for a viable future, adds Oliver Bell, head of Hydro's Strip business
unit.
The plant provides aluminium strip mainly for automotive, heat exchanger
and general engineering applications for end-user and stockholder markets.
Alcoa
Completes Sale of Home Exteriors Business to Ply Gem Industries
Alcoa announced last week that it has completed the previously announced
sale of its Home Exteriors business to Ply Gem Industries, Inc., for $305
million in cash.
Alcoa announced its plan to divest the home exteriors business because
it no longer fit with its core global building and construction business
portfolio. The business has 1,400 employees and had 2005 revenues of approximately
$600 million. The sale includes manufacturing facilities in Atlanta, Ga.;
Denison, Texas; Gaffney, S.C.; Sidney, Ohio; and Stuarts Draft, Virginia.
The company expects to record an after-tax gain on the sale of between
$80 and $90 million in the fourth quarter. Alcoa will use the proceeds
to pay down debt and fund growth projects. Lehman Brothers served as financial
adviser to Alcoa on the transaction.
Alcoa is the world's leading producer and manager of primary aluminium,
fabricated aluminium and alumina facilities, and is active in all major
aspects of the industry. Alcoa serves the aerospace, automotive, packaging,
building and construction, commercial transportation and industrial markets,
bringing design, engineering, production and other capabilities of Alcoa's
businesses to customers.
In addition to aluminium products and components, Alcoa also markets consumer
brands including Reynolds Wrap® foils and plastic wraps, Alcoa®
wheels, and Baco® household wraps. Among its other businesses are
closures, fastening systems, precision castings, and electrical distribution
systems for cars and trucks. The company has 129,000 employees in 44 countries
and has been named one of the top most sustainable corporations in the
world at the World Economic Forum in Davos, Switzerland. More information
can be found at http://www.alcoa.com
Ingersoll
Rand Reports Increased Revenues
Ingersoll-Rand Company Limited, a leading diversified industrial company,
announced on 27th October that 2006 third-quarter revenues and net earnings
from operations increased compared with the third quarter of 2005.
* Revenues increased by 6% to $2.8 billion in the third quarter.
* Earnings per share of $0.76 were negatively impacted by a $27 million
tax charge related to prior periods. Excluding this charge, third quarter
earnings per share totalled $0.85.
* Full year diluted EPS guidance updated to a range of $3.25 to $3.30,
excluding the third-quarter tax charge.
The company reported net earnings of $243.8 million, or diluted earnings
per share (EPS) of $0.76, for the third quarter of 2006. Third-quarter
net earnings included $254.0 million, or EPS of $0.79, from continuing
operations, as well as $10.2 million of net costs, or EPS of $(0.03),
from discontinued operations, which represent the retained costs and gains
on the sale of divested businesses. Third-quarter 2006 results also include
approximately $27 million from a tax charge related to an audit of tax
years 1998 through 2000.
Net earnings for the 2005 third quarter of $254.2 million, or EPS of $0.75,
included EPS of $0.75 from continuing operations and EPS of $(0.03) from
ongoing costs of discontinued operations and $0.03 per share from gains
on the sale of businesses.
Despite double-digit revenue growth and solid earnings in four of
our business segments, our overall third quarter results were disappointing,
said Herbert L. Henkel, chairman, president and chief executive officer.
While we continue to make progress against many of our long-term
strategic priorities, our overall performance was unsatisfactory by our
standards. We will take immediate corrective actions in the fourth quarter
to deliver the type of results that we expect on a consistent basis. We
will drive a sharper focus on cost control, including restructuring actions
where warranted. We expect to realise the full benefit of these corrective
measures in 2007.
Additional Highlights for the 2006 Third Quarter
Revenues: The company's revenues increased by approximately 6%
to $2,766.0 million. Organic revenues (excluding acquisitions and currency)
increased by approximately 4% compared with last year.
Double-digit revenue growth in Climate Control Technologies, Construction
Technologies, Industrial Technologies and Security Technologies offset
revenue decreases at the Bobcat business.
Recurring revenues, which include revenues from parts, service, rental,
attachments and used equipment, were $615 million, representing an increase
of 11% compared with the third quarter of 2005, and accounted for 22%
of total revenues.
Operating Income and Margins: Operating income of $357.7 million for
the third quarter of 2006 increased by 5% compared with the third quarter
of 2005, as higher volumes, improved pricing and productivity improvement
actions offset significant year-over-year material cost increases and
negative product mix. Operating earnings also benefited by lower costs
related to stock-based liabilities. Third-quarter operating margins were
12.9% compared to 13.0% last year.
The company added approximately $27 million to its previously established
reserves, and that amount was taken as a charge in the third quarter.
After taking this charge into account, the company believes that it is
adequately reserved for the ultimate resolution of this issue. Should
the IRS prevail in its disallowance of the capital losses and imposition
of penalties and interest, a cash outflow of approximately $155 million
plus interest through the payment date would result.
Acquisitions: The company recently completed three acquisitions
that expand its position in worldwide markets. These acquisitions are
expected to add more than $100 million to 2007 revenues.
Our acquisition activity for 2006 reflects our strategy to acquire
good businesses that operate in growing markets and offer products that
complement or extend our portfolio, said Henkel. In the future,
we expect to complete additional bolt-on acquisitions of businesses with
strong brands, innovative technologies and good growth prospects.
Third-quarter Business Review
The company classifies its businesses into five reportable segments based
on industry and market focus: Climate Control Technologies, Compact Vehicle
Technologies, Construction Technologies, Industrial Technologies, and
Security Technologies.
Revenues from international operations increased by approximately 13%.
European results improved significantly compared with last year primarily
driven by display cases and refrigerated trailers. Lower Asian revenues
were mainly attributable to declines in display cases and stationary refrigeration
services. Sea-going container volumes increased despite soft end markets.
Construction Technologies includes Ingersoll Rand® road pavers, compactors,
portable power products, general-purpose construction equipment, and attachments.
Revenues increased by 11% to $325.1 million, primarily due to ongoing
strength in the international road development and repair market and improved
worldwide markets for utility equipment and attachments. Operating margins
increased to 10.5% from 9.2%, as higher volume offset material costs and
negative product mix.
Industrial Technologies provides solutions to enhance customers' industrial
and energy efficiency and provides equipment and services for compressed
air systems, tools, fluid handling and energy generation systems. Total
revenues in the third quarter increased by approximately 11% to $486.3
million with strong growth at both the air and productivity solutions
businesses. Third-quarter operating margins declined to 12.9% compared
with 14.0% in 2005. Higher prices and improved productivity were offset
by material and component inflation, unfavourable product mix and investment
spending.
Security Technologies includes mechanical and electronic security products;
biometric and access-control technologies; security and scheduling software;
integration; and services. Third-quarter revenues increased by approximately
12% to $589.5 million from strong growth in commercial building markets
in all major geographic regions, partially offset by slower North American
residential markets. Operating margins were 17.8% compared with 19.3%
in 2005. Unfavourable product mix, increased investment spending and continuing
high costs for non-ferrous metals offset the benefits of increased volume
in worldwide markets, higher pricing and better productivity.
2006
Outlook
Activity in Ingersoll Rand's key worldwide end markets for commercial
construction, general industrial, refrigerated trucks and supermarkets
remained firm during the quarter. However, there has been a sharp deterioration
in the North American market for compact equipment, slowing growth in
our North American road machinery business, and a reduction in security
products demand related to domestic residential construction.
Third-quarter orders increased by approximately 4% compared with
2005, despite a sharp decline in orders for compact equipment. Based on
our recent order pattern and the combination of market acceptance for
our solutions, continuing operating improvements, and the currently expected
macro-economic environment, we expect fourth-quarter 2006 revenues to
increase by approximately 3% and earnings of $0.70 to $0.75 per share,
said Henkel. Earnings from continuing operations are expected to
be $0.74 to $0.79 per share, with discontinued operations at $(0.04) per
share of costs. The fourth-quarter earnings forecast reflects a tax rate
of approximately 15.8% for continuing operations, due to expected lower
North American earnings. The fourth quarter forecast also includes expenditures
equal to approximately EPS of $(0.02) related to work force reductions
throughout the company. These fourth quarter expenditures should return
$0.06 to $0.08 per share of benefits in 2007, said Henkel.
The projected fourth-quarter earnings brings our forecast for full-year
EPS to $3.16 to $3.21. Earnings from continuing operations are expected
to be $3.37 to $3.42 per share, excluding the $27 million tax charge.
This represents a 9% to 11% increase compared with EPS of $3.09 from continuing
operations in 2005. Full-year 2006 discontinued operations are forecast
at $(0.12) of costs compared to a net of $0.0 cents per share in 2005,
which included $(0.10) per share of ongoing costs and $0.10 per share
of gains on the sale of businesses. Available cash flow* for full year
2006 is expected to approximate $800 million, said Henkel.
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