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From Home Furnishing Business
Danish Tempur-Pedic Workers Take A Rest
April 24,
2007 by in UnCategorized
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 didnt immediately respond to a request for comment on whether the strikers had returned to work.