eNews_HHlogo_Large
In This Issue
Asbestos Found in Air in Nevada
A Worldwide Leader in the Premium Outdoor Furniture Sector
Double-Digit Growth in Remodeling Spending Expected Through Mid-Year
Asbestos Found in Air in Nevada    

BOULDER CITY, NEVADA

 

A study by researchers at UNLV found asbestos in the air in Boulder City and southern Clark County, Nevada. Professor Brenda Buck, a geologist with the University of Nevada at Las Vegas, was in the middle of a different study when she found naturally occurring asbestos outside Boulder City.

The asbestos found is the same as that previously mined in Libby, Montana. It is the most lethal form of asbestos known.

Other universities are now joined in to find out how dangerous it is and to study possible cancers associated with it.

"What we have identified is a hazard and people should have the opportunity to know about it so they can make choices, said Buck.
A Worldwide Leader in the
Premium Outdoor Furniture Sector    

LUNEBURG, ZURICH

 

The owners of the market leading outdoor furniture brands DEDON and GLOSTER have decided to embark on a new journey, in a new direction, and to blaze this trail together. The result of this Partnership is DK FURNITURE BRANDS Holding AG, with its headquarters in Zürich. A worldwide leader in the Premium Outdoor Furniture Sector is born.
 
Under DK FURNITURE BRANDS Holding AG both companies, the German DEDON GmbH and the Swiss GLOSTER Furniture Holding AG, as they are already established, will continue to support their respective markets and remain unchanged in their design, sales and management structures.
 
"The Spirit, the creativity and innovative power of DEDON and GLOSTER combined with the sustainability, solidarity and business experience of the DIETHELM KELLER Group will bring these brands to a whole new level," says Angelo van Tol, CEO of DIETHELM KELLER Investments AG and Chairman of GLOSTER.
 
"I'm very excited to begin this new journey, " says DEDON founder Bobby Dekeyser. "We will carry on building a new vision of Outdoor Living, together." Angelo and Bobby have known each other since 1991, when they met each other at the Frankfurt Furniture Expo. After 22 years, their paths crossed once more at the Milan Furniture Expo in 2013. It was intended to be just a short meeting, however they ended up talking long into the night, about their visions for outdoor living in the future.

From this chance encounter, a friendship grew, and their ideas were developed even further: to build a worldwide leader in the Premium Outdoor Furniture sector. "Often in life we talk about those first few moments when we form an impression of someone. This was strongly confirmed in this instance," says Bobby Dekeyser.
 
Bobby, a former goalie for FC Bayern Munich, founded DEDON in 1990. DEDON invented a durable and environmentally friendly fiber, hand-woven by the best artisans in the world in the Philippines and completely revolutionized the Garden Furniture industry worldwide - from London to Tokyo - forever. Designs such as Orbit, Nestrest or Leaf are already considered design classics. Today DEDON is a global brand, with presence in 85 countries. DEDON owns its own fiber production facilities at the headquarters in Lüneburg and furniture manufacturing on Cebu, Philippines with 1,800 craftsmen.
 
GLOSTER is led by its Chairman, the entrepreneur Angelo van Tol. GLOSTER is the world 's leading manufacturer of premium outdoor teak furniture and was founded 50 years ago in Africa. Today it has grown into one of the most successful and trusted brands for premium outdoor furniture in the world with designs encompassing all the outdoor materials and is the world leader in outdoor upholstery. GLOSTER is represented in 52 countries, and has won many international design awards in the last 25 years. GLOSTER owns its own factory in Surabaya, Indonesia, with 1,000 craftsmen, and sources only teak that strictly adheres to the concept of sustainability.

Visit the website, or call Del Fonte Muse at (434) 517-2586.
Double-Digit Growth in Remodeling
Spending Expected Through Mid-Year     
CAMBRIDGE, MASSACHUSETTS

 

The home remodeling market should see strong growth in 2014, according to Leading Indicator of Remodeling Activity (LIRA) released today by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The  double-digit gains in annual home improvement spending projected for the first half of the year should moderate some to just  under 10 percent by the third quarter.

"The ongoing growth that we've seen in home prices, housing starts, and existing home sales is also being reflected in home improvement activity," says Eric S. Belsky, managing director of the Joint Center. "As owners gain more confidence in the housing market, they are likely to undertake home improvements that they have deferred."

"However, the strong growth for this cycle may start to ebb a bit beginning around midyear," says Kermit Baker, director of the Remodeling Futures Program at the Joint Center. "By that time, we'll be approaching the pre-recessionary levels of spending, and with borrowing costs starting to creep back up, growth rates are likely to slow some."

Press release with full size graphic available at the website.
null