FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement
[Ad_40_Under_40]

Get the latest industry scoop

Subscribe
rss

Daily News Archive

Brought to you by Home Furnishings Business

Danish Tempur-Pedic Workers Take A Rest

By Home Furnishings Business in Mattresses on April 2007 Tempur-Pedic International, Lexington, Ky., reported Monday that workers at its factory in Denmark “engaged in an unauthorized work stoppage,” but said hourly workers in the midsts of a local labor agreement negotation are expected to return to work quickly.

In a filing with the Securities and Exchange Commission Monday, the company said a local labor board in Denmark had ruled that the work stoppage was prohibited and ordered the union to return to work immediately. That labor board also assessed hourly fines, according to the company. In a short, three-paragraph statement, the company said it expects to be resolved quickly, but said production had been disrupted.

On Thursday, Tempur-Pedic reported a 16 percent increase in quarterly sales, and company officials said its international business continues to be a strength as worldwide sales increased by 16 percent, too.

A company spokesman didn’t immediately respond to a request for comment on whether the strikers had returned to work.


Comments are closed.
EMP
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Got News
HFB Designer Weekly
LinkedIn