Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: James Hardie


Related Topics

In the News (Mon 21 Dec 09)

  
  James Hardie swings to $152M profit - Boston.com
Building products group James Hardie Industries NV said Monday it swung to an annual profit of $152 million from a $507 million loss the previous fiscal year when it was hit by costs associated with compensating victims of its asbestos products.
James Hardie said annual operating profit from continuing operations for the year rose 6 percent to $222 million from $209 million, but was down 16 percent in the fiscal fourth quarter on-year to $54 million.
James Hardie agreed in February to pay 4 billion Australian dollars to a compensation fund over the next 40 years, ending months of negotiations with unions and asbestos support groups.
www.boston.com /business/articles/2007/05/28/james_hardie_swings_to_152m_profit   (435 words)

  
 James Hardie - Wikipedia, the free encyclopedia
James Hardie Industries Ltd. is an industrial building materials company headquartered in the Netherlands, specializing in fibre cement products.
James Hardie immigrated to Australia in 1888 from Scotland, and created a business importing oils and animal hides.
James Hardie was also involved in selling asbestos related products, however many of these products resulted in people developing asbestosis and mesothelioma.
en.wikipedia.org /wiki/James_Hardie   (429 words)

  
 James Kier Hardy   (Site not responding. Last check: 2007-11-06)
James Keir Hardie, the illegitimate son of Mary Keir, a servant from Legbrannock, Lanarkshire, Scotland, was born on 15th August, 1856.
Hardie was defeated in the 1895 General Election and over the next five years devoted most of his energy to improving the organisation of the Independent Labour Party.
Hardie was elected leader of the party in the House of Commons, but was not very good with dealing with internal rivalries within the party, and in 1908 resigned from the post.
scotlandvacations.com /hardie.htm   (1217 words)

  
 James Keir Hardie.
James Keir Hardie was born born in a one-roomed cottage on August 15th, 1856, his Mother Mary was a servant in Lanarkshire, she became pregnant, but was unmarried, so "Keir" came into this world under a cloud.
Keir Hardie was escorted to Parliament by his constituents in a charabanc on which a small brass band was playing.
Keir Hardie was elected Labour leader in the House of Commons, he held the position until 1908 when he resigned from the post.
www.pitwork.net /jkhardie.htm   (1037 words)

  
 ACCforum -> James Hardie Industries - Asbestos and Compensatio
James Hardie made the suggestion in a submission to a NSW Special Commission of Inquiry, which is looking at whether the company sought to avoid its liabilities for asbestos-related illnesses.
On Thursday, James Hardie's counsel, Tony Meagher, SC, said that the newly proposed statutory scheme would be based on the same numbers of claimants as assumed by KPMG Actuaries in arriving at its central estimate of $1.5 billion as at 30 June 2003, and at the levels of compensation current at that time.
James Hardie was obviously feeling the pressure from both the inquiry and the community campaign against it, said Andrew Ferguson, the state secretary of the Construction, Forestry, Mining and Energy Union.
www.accforum.org /forums/index.php?showtopic=1028&view=findpost&p=8023   (10953 words)

  
 James Keir Hardie   (Site not responding. Last check: 2007-11-06)
Hardie remained friends with atheists such as Eleanor Marx and Frederich Engels, the dominant influence on his political ideas were his religious beliefs.
In June 1894, Hardie suggested to the House of Commons that a message of condolence to the relatives of the 251 coal miners killed by an explosion in a colliery near Pontypridd, Wales, should be added to an address of congratulations on the birth of a royal heir (the future Edward VIII).
Hardie moved an amendment to this address, crying out that over two hundred and fifty men and boys had been killed on the same day in a mining disaster, and claiming that this great tragedy needed the attention of the House of Commons far more than the birth of any baby.
www.spartacus.schoolnet.co.uk /PRhardie.htm   (3013 words)

  
 Home | James Hardie   (Site not responding. Last check: 2007-11-06)
James Hardie’s Axon TM Panel presents you with an exciting new cladding product that helps create a home with enduring style.
James Hardie has produces a CLD Fascia which is made using a ceramic low density fibre cement technology.
James Hardie has a range of classic and contemporary profiles that suit most weatherboard designs.
www.jameshardie.co.nz   (863 words)

  
 ACTU: ACTU: Campaigns: James Hardie   (Site not responding. Last check: 2007-11-06)
Coalition Parties Must Return James Hardie Donations To Asbestos Victims -the ACTU today calls on the Liberal Party and the National Party to immediately return the $78,000 in donations they received from James Hardie and donate them to asbestos victims.
James Hardie A Lemon In Orange County - unions in the United States are set to lend their support to the campaign by Australian unions and asbestos sufferers groups to make James Hardie guarantee full compensation to Australian victims of its asbestos products.
James Hardie Profits Can Fully Compensate Asbestos Victims - today's profit announcement by James Hardie shows the company is making more than enough money to fully compensate the victims of the company's deadly asbestos products.
www.actu.asn.au /public/campaigns/jameshardie.html   (1197 words)

  
 Green Left - Editorial: Another con from James Hardie?
James Hardie is undoubtedly trying to head off the growing public pressure for the government inquiry to recommend that the company and its top executives face justly deserved criminal charges.
James Hardie's latest offer is also conditional on replacing the common law compensation system with a statutory scheme that the company can negotiate with governments, asbestos support groups and unions — and thus hope to reduce the amount of money it has to pay out to its victims.
James Hardie should be forced to pay full, unconditional compensation to all the victims — and its bosses should be held accountable for the human suffering they have caused.
www.greenleft.org.au /2004/594/31943   (589 words)

  
 New delay for James Hardie compo deal : thewest.com.au
The NSW government and James Hardie Industries have agreed to extend the deadline to finalise a funding deal related to the company's asbestos compensation obligations by one month.
His frustration with the drawn-out negotiation process was compounded by the pay rise given to James Hardie directors at the company's recent annual general meeting in The Netherlands, he said.
The extension will also enable James Hardie to finalise options to provide interim funding assistance to the foundation, in the event that its liquid assets are exhausted before the FFA is implemented in full.
www.thewest.com.au /printfriendly.aspx?StoryName=321828   (408 words)

  
 James Hardie thrown tax lifeline - Business - Business - smh.com.au
According to the document, Signature Pacific would be paid an amount which is linked to the estimated present value of James Hardie's future liabilities as well as a margin for management fees, which are calculated as a percentage of the estimated present value of the future liabilities.
James Hardie already has three companies which also have tax losses, however the losses are far less than those of Signature Pacific, and are estimated at $250 million.
James Hardie is under pressure to resolve the tax situation soon as the grossly underfunded trust it set up in 2001 is expected to run out of money early next year.
www.smh.com.au /news/business/james-hardie-thrown-tax-lifeline/2006/10/05/1159641459479.html   (646 words)

  
 Asbestos victims angered by James Hardie funding offer
James Hardie said such a scheme would be "speedy, fair and equitable" and would help reduce legal costs for victims.
The proposal was made in James Hardies' submission to a NSW Special Commission of Inquiry, which is looking at whether the company has sought to avoid its liabilities for asbestos-related illnesses.
In 2001, James Hardie set up a foundation to handle the asbestos liabilities of two former James Hardie subsidiaries that manufactured asbestos.
www.industrysearch.com.au /news/viewrecord.asp?ID=14870   (607 words)

  
 IMF - News article
James Hardie was Australia’s largest manufacturer and distributor of asbestos containing products, which included insulation products, asbestos cement sheets (known as fibro in Australia), pipes and friction materials, such as brake and clutch linings.
Eight months later, in October 2001, James Hardie established a Netherlands-based parent company and took A$1.9 billion ($1.3 billion) from Australia to the Netherlands, a country that does not have a treaty for the enforcement of a legal decision taken in Australia.
Outraged by the James Hardie attempt to avoid its responsibilities to pay compensation to its victims, trade unions and asbestos suffers’ support groups in Australia have launched a range of campaign actions aimed at preventing the company from escaping its moral and legal obligations.
www.imfmetal.org /main/index.cfm?n=47&l=2&c=9636   (623 words)

  
 James Hardie (Investigations and Proceedings) Bill 2004 (Bills Digest, no. 74, 2004-05)
That the James Hardie Group’s assertions, at the time of the establishment of the MRCF, that the latter had sufficient funds to meet its asbestos liabilities were misleading.
The James Hardy Records Act does in fact contain various provisions aimed at facilitating the use of the records in proceedings but it seems that these are regarded as requiring augmentation by a Commonwealth Act.
‘James Hardie proceeding’ is defined to mean a proceeding instituted by ASIC or the DPP and, according to the Explanatory Memorandum, includes a civil proceeding under section 50 of the ASIC Act.
www.aph.gov.au /Library/pubs/bd/2004-05/05bd074.htm   (3516 words)

  
 Herald Sun: James Hardie lied on compo: Iemma (archived)   (Site not responding. Last check: 2007-11-06)
He criticised James Hardie for saying a final deal had not been reached because of new issues raised by the Government during negotiations.
He said James Hardie had accepted the Government's first concern – that all victims covered by the heads of agreement which was signed late last year were eligible for compensation.
James Hardie spokesman James Rickards said a new draft agreement was delivered to the Government last week addressing all of Mr Iemma's concerns.
www.heraldsun.news.com.au /common/story_page/0,5478,16613013^1702,00.html   (476 words)

  
 James Hardie and Asbestos-related Diseases Liability - 16/09/2004 - PRIV - NSW Parliament
James Hardie conducted a deliberate, strategic, financial and media campaign in 2000-01 to position itself to transfer its assets to the Netherlands and avoid its known exposure of up to $2 billion in compensation payments to current and future victims of asbestos related diseases.
James Hardie knew from at least the 1930s that its products contained life-threatening asbestos, yet it continued to produce and sell its products, with terrible impacts on our community.
In September 2001 James Hardie announced that 98 per cent of its shareholders voted to support corporate restructure, that is, James Hardie Ltd becoming James Hardie Industries NV, headquartered in the Netherlands.
www.parliament.nsw.gov.au /prod/parlment/HansArt.nsf/448b6decbe0283adca2571e1001663bb/04b9e722dea5de89ca256f1900052b11!OpenDocument   (694 words)

  
 James HardieĀ® Launches Colors for Fiber-Cement Siding Products   (Site not responding. Last check: 2007-11-06)
James Hardie is the leading house siding manufacturer in the United States.
James Hardie is committed to furthering best installation practices, including providing installation videos and collateral as well as scheduling trade events to support its siding products.
James Hardie siding was introduced to North America in the early ‘90s and now protects more than 3.5 million homes in the United States.
www.prweb.com /releases/2005/1/prwebxml201232.php   (524 words)

  
 Doubt over last-minute $31 James Hardie offer - Business - www.smh.com.au
In an 11th hour attempt to prevent the appointment of a liquidator to the foundation it set up to handle asbestos compensation, James Hardie Industries arranged for $31.5 million to be transferred to the foundation's bank account last night.
Lawyers for James Hardie are expected to send their own documents to the court arguing that liquidation would be premature while negotiations over a long-term resolution of the possible $2 billion shortfall in asbestos compensation continued with the ACTU and asbestos support groups.
The $31.5 million was sent to the foundation by a company called ABN 60 Pty Ltd, the former Australian parent company of the James Hardie group which was left behind as a shell and renamed when a new Dutch parent company was incorporated in 2001.
www.smh.com.au /news/Business/Lastminute-31-James-Hardie-offer-rejected/2004/11/24/1101219617036.html?from=storylhs   (662 words)

  
 BBC NEWS | Business | Building giant caught in asbestos row
James Hardie Industries became James Hardie NV when it relocated to the Netherlands in 2001.
"There's a strong emotive argument that [James Hardie NV] should come and pick up the liability, but the legal situation is that no one has yet pointed to their liability in the guise of the old James Hardie Industries [of Australia] to pay the individual claimant's funds.
James Hardie's image has been impaled on a thousand banners and boycotts around the country.
news.bbc.co.uk /2/hi/business/4058007.stm   (762 words)

  
 James Hardie turns a Q3 loss - Breaking News - Business - Breaking News
James Hardie Industries has reported a net loss for the third quarter, on the back of a softening housing market, a rising Australian dollar and asbestos provisioning.
James Hardie chief finance officer Russell Chenu pointed to a stronger Australia dollar, which appreciated against the US dollar almost five per cent over the quarter.
James Hardie chief executive officer Louis Gries said the company's US business, which makes up the lion's share of its operations, had outperformed the market in a weak environment.
www.theage.com.au /news/Business/James-Hardie-turns-a-Q3-loss/2007/03/06/1172943400628.html   (719 words)

  
 James Hardie: the great escape
James Hardie's asbestos-producing subsidiaries were no longer part of the company.
PETER MACDONALD: The directors of James Hardie Industries Limited took a lot of advice, a lot of independent advice, PriceWaterhouseCoopers, Access, the actuaries Trowbridge, who have worked with the company for many years, and then formed the view that this was the right amount of money.
SARAH FERGUSON: Given the alleged extent of Hardie's prior knowledge of the gross inaccuracies in the Trowbridge report and their complicity in supplying the dodgy figures, the Commissioner is now considering whether Peter MacDonald committed fraud with his claims in 2001 that the foundation was fully funded.
sunday.ninemsn.com.au /sunday/cover_stories/article_1638.asp   (4647 words)

  
 Has James Hardie lived up to its hype? - Roanoke.com
Ben Birkle, a manager at the James Hardie plant in Pulaski, looks over the assembly line machinery that applies paint to the cementious fiber siding that is produced at the plant.
But with most James Hardie employees on the job for less than a year, White said the plant's new jobs have yet to make much of an impact on the average resident.
With James Hardie since 1996 at the Plant City, Fla., plant, Edwardo Figueroa jumped at the chance for a transfer to Pulaski.
www.roanoke.com /news/nrv%5Cwb/93093   (2118 words)

  
 Business & Human Rights : James Hardie   (Site not responding. Last check: 2007-11-06)
A tragic and largely forgotten episode of the James Hardie Industries asbestos saga has Hardie, CSR and a tiny West Australian mining company [Mineral Commodities] ducking for cover as a group of Aborigines who mined the deadly fibre in NSW refuse to be the only Australians excluded from compensation.
James Hardie Industries Ltd...said it would ensure ongoing compensation for victims of asbestos diseases caused by materials once sold by the Australian building products company.
THE trust James Hardie Industries set up to fund asbestos victims could soon be wound up, a court heard yesterday, a development NSW Chief Justice James Spigelman said would fail the "interests of persons who are dying".
www.business-humanrights.org /Categories/Individualcompanies/J/JamesHardie   (557 words)

  
 Club Troppo » James Hardie - legal responsibility and corporate morality   (Site not responding. Last check: 2007-11-06)
The various inquiries into the actions of James Hardie, its lawyers Allens Arthur Robinson and other key parties at best paint the whole process as an undertaking by people not very concerned about whether or not compensation would be paid.
James Hardie’s actions, if they had managed to get away with it, would have actually been positive in a traditional corporate law assessment of the situation - they would have resulted in a greater profit being available to shareholders.
The James Hardie directors have predictably said that they will strongly defend the claims, most likely using James Hardie money to do so.
www.clubtroppo.com.au /2007/02/16/james-hardie-legal-responsibility-and-corporate-morality   (1437 words)

  
 James Hardie Information
James Hardie Industries Ltd. is an industrial building materials company headquartered in the Netherlands, specializing in fibre cement products.
James Hardie immigrated to Australia in 1888 from Scotland, and created a business importing oils and animal hides.
James Hardie was also involved in selling asbestos related products, however many of these products resulted in people developing asbestosis and mesothelioma.
www.bookrags.com /wiki/James_Hardie   (402 words)

  
 Manugistics Transportation Management Solutions Produce Significant Cost Savings and Improved Service for James Hardie ...
As one of the fastest growing siding manufacturers in North America, James Hardie was managing 2,200 outbound loads per week including shipments to every location of America`s largest do-it-yourself (DIY) home improvement retailer manually through archaic ERP systems, paper reports and order milestones among nine disparate U.S. plant locations.
Manugistics responded to James Hardie`s needs with a centralized transportation planning and execution solution aimed at stabilizing headcount in line with the company`s projected annual growth, adjusting to network complexities and providing the company with better visibility within their distribution system.
Today, James Hardie is a world leader in the development of, and enhancement of, fiber-cement technology, quality, and new applications for its weather-resistive properties.
www.internetretailer.com /internet/marketing-conference/69380-manugistics-transportation-management-solutions-produce-significant-cost-savings-improved-service-james-hardie-building-products.html   (586 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.