| Hickory Hardware centralizes operations
in Nashville Hickory Hardware, a designer, manufacturer and marketer
of decorative, functional and industrial hardware, recently announced that it
will centralize several of its functional operations into a new facility in Nashville.
The move is part of an overall investment in operational efficiencies to
combat continued increases in key commodities used to manufacture the Hickory
Hardware line of decorative and functional hardware. In addition to housing
its corporate offices, the new premises will include a 300,000-sq.-ft. distribution
center featuring a material handling system designed and built by sister company
FKI Logistex. The new distribution center is designed to take advantage
of Nashville as a central location for the company's North American supply chain. John
Westendorf, president of Hickory Hardware, said the move and resulting efficiencies
will enable the company to reduce costs and avoid having to pass a major portion
of its commodity cost increases to its customer base. "Zinc prices
have almost tripled in the past year; brass and copper prices have nearly doubled;
aluminum has soared by more than 60 percent," Westendorf said. "During
this same period, energy costs have also increased with oil feedstock and natural
gas at or near all-time highs. "With raw material costs expected to
remain high and even increase in the future, we are looking at our entire operation
for ways to cut costs and increase efficiencies." Hunter
Museum earns national award Chattanooga's Hunter Museum of American
Art has earned recognition in the 2006 Innovative Design in Engineering and Architecture
with Structural Steel awards program (IDEAS2). Conducted annually by the
American Institute of Steel Construction (AISC), the IDEAS2 awards recognize outstanding
achievements in engineering and architecture on structural steel projects across
the country. The Hunter Museum project earned Merit Award recognition in
the category of Projects $15 million to $75 million. |