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February 20,
2013 by in UnCategorized 
By Home Furnishings Business in on February 21, 2013
Supplier Hickory Springs Manufacturing Co. has implemented a new corporate structure and new leadership roles to support the company's migration to a market-focused strategy.
Four business units - bedding solutions, furniture solutions, transportation solutions and diversified solutions - serve as the centerpiece of the company's new business model.
"Each of these profit centers will leverage Hickory Springs' core capabilities to develop and execute a business plan for profitable growth of both component sales and integrated solutions to customers in their respective markets," said Dave Colburn, Hickory Springs president and CEO.
The four executives named to lead these new business units include:
Tim Becker, vice president diversified solutions. Becker brings more than 15 years of experience with Hickory Springs to his new position, including various positions within wire technology and products and his most recent assignment as vice president of the wire products group. His background also includes more than 11 years in the steel industry.
Todd Councilman, vice president bedding solutions. A 25-year veteran of the foam industry, Councilman joined Hickory Springs six years ago. He held positions in quality, marketing, sales and plant management before his most recent assignment as general manager of the southeast region.
Tony Everett, vice president transportation seating solutions. Everett joined Hickory Springs in January with the acquisition of The C.E. White Co., where he served as president and CEO since 2006.
Brad McNeely, vice president furniture solutions. McNeely's career with Hickory Springs spans more than 23 years, including positions as sales representative and regional sales manager. Most recently, he served as vice president of new product development.
In addition to these appointments, David Duncan has been named vice president corporate sales. Duncan's 22 years of experience with Hickory Springs includes roles as area sales manager and national product manager - bedding foam. He most recently served as vice president of the company's western foam division.
Duncan and the four business unit leaders report to Lee Lunsford, executive vice president and chief operating officer. In addition to these appointments, the company anticipates future announcements as it builds out its new organization.
"These appointments represent the first step in the transition to our new corporate structure," said Colburn. "Building out this organization will promote collaboration across all four business units, enabling us to combine multiple manufacturing capabilities and ultimately enhance our ability to deliver both components and integrated solutions to an expanding customer base."
February 20,
2013 by in UnCategorized
By Home Furnishings Business in Executive Changes on February 21, 2013
Supplier Hickory Springs Manufacturing Co. has implemented a new corporate structure and new leadership roles to support the company's migration to a market-focused strategy.
Four business units - bedding solutions, furniture solutions, transportation solutions and diversified solutions - serve as the centerpiece of the company's new business model.
"Each of these profit centers will leverage Hickory Springs' core capabilities to develop and execute a business plan for profitable growth of both component sales and integrated solutions to customers in their respective markets," said Dave Colburn, Hickory Springs president and CEO.
The four executives named to lead these new business units include:
Tim Becker, vice president diversified solutions. Becker brings more than 15 years of experience with Hickory Springs to his new position, including various positions within wire technology and products and his most recent assignment as vice president of the wire products group. His background also includes more than 11 years in the steel industry.
Todd Councilman, vice president bedding solutions. A 25-year veteran of the foam industry, Councilman joined Hickory Springs six years ago. He held positions in quality, marketing, sales and plant management before his most recent assignment as general manager of the southeast region.
Tony Everett, vice president transportation seating solutions. Everett joined Hickory Springs in January with the acquisition of The C.E. White Co., where he served as president and CEO since 2006.
Brad McNeely, vice president furniture solutions. McNeely's career with Hickory Springs spans more than 23 years, including positions as sales representative and regional sales manager. Most recently, he served as vice president of new product development.
In addition to these appointments, David Duncan has been named vice president corporate sales. Duncan's 22 years of experience with Hickory Springs includes roles as area sales manager and national product manager - bedding foam. He most recently served as vice president of the company's western foam division.
Duncan and the four business unit leaders report to Lee Lunsford, executive vice president and chief operating officer. In addition to these appointments, the company anticipates future announcements as it builds out its new organization.
"These appointments represent the first step in the transition to our new corporate structure," said Colburn. "Building out this organization will promote collaboration across all four business units, enabling us to combine multiple manufacturing capabilities and ultimately enhance our ability to deliver both components and integrated solutions to an expanding customer base."
February 20,
2013 by in UnCategorized
By Aggregated Content in Legal on February 21, 2013
from http://www.chemicals-technology.com/news/newsus-court-dow-chemical-price-fixing-case
A federal court in Kansas, US, has ordered The Dow Chemical Company to pay $400m in a price-fixing case, which involved chemicals used to manufacture foam products for car, packaging and furniture industries.
Dow, which was one of several chemical company defendants named in a urethane price-fixing class action lawsuit, went to trial in January 2013.
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February 20,
2013 by in UnCategorized
By Aggregated Content in Furniture Retailing on February 21, 2013
from http://www.brandonsun.com/business/breaking-news/leons-says-lower-revenue-profit-due-to-tough-economy-retail-competition-192334941.html
Leon's Furniture Ltd. (TSX:LNF) is reporting lower revenue and profit for its fourth quarter, citing weakness in the economy and a competitive retail environment.
The Toronto-based retailer posted net income of $16 million, or 22 cents per diluted share, for the three months ended Dec. 31 compared to $19.9 million, or 27 cents per diluted share in the year earlier period.
Sales, including corporate and franchise stores, came in at $248 million for the quarter, down from $255 million in the year earlier period.
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February 19,
2013 by in UnCategorized
By Aggregated Content in Store Openings on February 20, 2013
from https://newsdesk4.moreover.com/click/?p=Qy84MjE1NjQ3MTg0Jm49TkFQQ08&a=MTM0NTc0MDI4MjI&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=Q2hhaW4gU3RvcmUgQWdl&d=1989&t=1
Home furnishings retailer Ikea has hired a contractor and has a building permit pending for its future Miami-Dade store in Sweetwater, Fla.
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