January 17,
2013 by in UnCategorized 
By Home Furnishings Business in Upholstery on January 18, 2013
IndustryWeek magazine has named the La-Z-Boy Dayton, Tenn., manufacturing facility as one of its 10 Best Plants in North America for 2012.
The plant has been named a finalist for the past three years, however, this is the first time the company has received the prestigious recognition.
The IndustryWeek Best Plants Awards program, now in its 23rd year, annually salutes outstanding manufacturing facilities on the leading edge of efforts to increase competitiveness, enhance customer satisfaction, and create stimulating and rewarding work environments.
We are pleased that La-Z-Boy has been recognized with this prestigious honor for our lean and continuous improvement efforts as we strive to deliver the highest quality products to our customers, said Kurt Darrow, president and chief executive officer for La-Z-Boy Inc., Monroe, Mich. I applaud and thank all of our associates for their hard work and dedication to ensure our Dayton facility is a world-class manufacturing operation that is unmatched by others in the industry.
The Dayton, Tenn. location opened in 1973 and currently occupies more than 1.2 million square feet. As one of the largest employers in the community, the companys nearly 1,300 associates manufacture La-Z-Boys fully customizable furniture line including sofas, chairs, ottomans and more.
Key components to the plants success include just-in-time material supply and replenishment, on-time delivery, and repeatable and sustainable quality products. The facility has also seen impressive results through its lean manufacturing efforts in the areas of scrap reduction, production lead time, productivity and safety.
Other recent achievements include the Tennessee Commissioners Safety Award, U.S. Air Force Partnership Award, Governors Award for Trade Excellence, Tennessee Center for Performance Excellence, and Enhancing Furnitures Environmental Culture (EFEC) certification through the American Home Furnishings Alliance.
Jill Jusko, senior editor for IndustryWeek said, We believe the La-Z-Boy Dayton, Tenn., facility is a pacesetter among North American manufacturers in terms of operational strategy, production practices and performance, and will continue to lead the way in the future.
The winners will be honored during an awards ceremony at the 2013 IndustryWeek Best Plants conference, where they also will share their stories of operational excellence and continuous improvement. The conference is April 22-24 in Greenville, S.C.
January 17,
2013 by in UnCategorized
By Home Furnishings Business in Case Goods on January 18, 2013
IndustryWeek magazine named La-Z-Boy's Dayton, Tenn., manufacturing facility one of its 10 Best Plants in North America for 2012. The plant has been named a finalist for the past three years, however, this is the first time the company has received the recognition.
The IndustryWeek Best Plants Awards program, now in its 23rd year, annually salutes manufacturing facilities on the leading edge of efforts to increase competitiveness, enhance customer satisfaction, and create stimulating and rewarding work environments.
"We are pleased that La-Z-Boy has been recognized with this prestigious honor for our lean and continuous improvement efforts as we strive to deliver the highest quality products to our customers," said Kurt Darrow, president and chief executive officer for La-Z-Boy, Inc. "I applaud and thank all of our associates for their hard work and dedication to ensure our Dayton facility is a world-class manufacturing operation that is unmatched by others in the industry."
The Dayton, Tenn., location opened in 1973 and currently occupies more than 1.2 million square feet. As one of the largest employers in the community, the company's nearly 1,300 associates manufacture La-Z-Boy's fully customizable furniture line including sofas, chairs, ottomans and more.
Key components to the plant's success include just-in-time material supply and replenishment, on-time delivery, and repeatable and sustainable quality products. The facility has also seen impressive results through its lean manufacturing efforts in the areas of scrap reduction, production lead time, productivity and safety.
Other recent achievements include the Tennessee Commissioner's Safety Award, U.S. Air Force Partnership Award, Governor's Award for Trade Excellence, Tennessee Center for Performance Excellence, and Enhancing Furniture's Environmental Culture (EFEC) certification through the American Home Furnishings Alliance (AFHA).
"We believe the La-Z-Boy Dayton, Tenn., facility is a pacesetter among North American manufacturers in terms of operational strategy, production practices and performance, and will continue to lead the way in the future," said Jill Jusko, senior editor for IndustryWeek.
The winners will be honored during an awards ceremony at the 2013 IndustryWeek Best Plants conference where they will share their stories of operational excellence and continuous improvement. The conference is April 22-24 in Greenville, S.C.
January 16,
2013 by in UnCategorized
By Aggregated Content in Community/Charitable Support on January 17, 2013
from http://www.thelocal.se/45664/20130117/#.UPgI7InjnWw
Ikea is donating 16 million kronor ($2.46 million) to help improve schools near its headquarters in southern Sweden to make it easier for the furniture giant to recruit workers to the area.
"Ãlmhunt is the heart of Ikea and we have 4,000 employees here," Gudmund Vollbrecht, a senior advisor with Ikea AB, said in a statement announcing the initiative.
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January 16,
2013 by in UnCategorized
By Aggregated Content in economic news on January 17, 2013
from http://www.reuters.com/article/2013/01/17/usa-economy-housing-idUSL1E9CGIB720130117?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews
Groundbreaking to build new U.S. homes accelerated in December to its fastest pace in over four years, supporting the view that housing is poised to provide a substantial boost to the U.S. economy.
The Commerce Department said on Thursday that starts at building sites for homes surged 12.1 percent last month to a 954,000-unit annual rate.
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January 16,
2013 by in UnCategorized
By Aggregated Content in Financial Reports on January 17, 2013
from https://newsdesk4.moreover.com/click/?p=Qy83OTkwMjg4NTg4Jm49TkFQQ08&a=MTMxMzE2MzU4MjY&f=TmV3cw&s=cmljaHhtbA&u=YWNyZW5zaGF3QG5hcGNvLmNvbQ&c=TkFQQ08&i=MA&e=QW1lcmljYW4gQmFua2luZyBOZXdz&d=1989&t=1
Bassett Furniture (NASDAQ:BSET) declared a quarterly dividend on Thursday.
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