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jerryking : swatch   6

The Trees and the Forest of New Towers - The New York Times
By Stephen Wallis
Nov. 20, 2019

Mass timber refers to prefabricated structural wood components that can be used to construct buildings — even large-scale buildings — faster, with less waste and eventually with less money........Mass timber refers to a variety of different types of engineered wood components, the most common being cross-laminated timber (known as CLT) and nail-laminated timber (or NLT), in which multiple layers of wood planks, stacked at 90 degrees, are glued or nailed together under pressure to form structural panels. So-called glulams, which are made in a similar fashion and have been around for more than a century, are typically used for long elements like beams and columns.........building with mass timber can ameliorate climate change because it produces less in greenhouse gas emissions than construction with concrete and steel. And wood has the benefit of storing the carbon dioxide trees absorb during their growth, keeping it out of the atmosphere indefinitely.....While cutting down trees to make buildings may not sound environmentally sensitive, mass timber supporters argue that wood could be harvested from sustainably managed forests...At the end of last year, the International Building Code was changed to allow wood buildings of up to 270 feet tall, or the equivalent of about 18 stories, from 85 feet....People want to live and work in these kinds of buildings — they have a sense of connection to the material,”......what we’ve seen from fabricators and builders is that there’s a 35 percent drop in construction time for mass-timber buildings, which means the carrying costs are less.”....
architecture  building_codes  climate_change  construction  design  emotional_connections  lumber  materials  skyscrapers  sustainability  Swatch  timber  wood_products  
november 2019 by jerryking
For Swatch, It's Time for a Change -
April 9, 2013 | WSJ | By JOHN REVILL.
For Swatch, It's Time for a Change
Big Swiss Watchmaker Pushes to Reduce the Number of Movements, Other Parts It Sells to Rivals

For years, Swatch Group AG UHR.VX 0.00% has supplied its fellow Swiss watchmakers with mechanisms, balance springs and other parts found in mechanical timepieces. The company sells around 70% of the industry's movements, the motor of mechanical watches, the result of a government-permitted monopoly.

Big luxury brands, like Cie. Financière Richemont SA's Cartier and LVMH Moët Hennessy Louis Vuitton SA's MC.FR +1.69% Tag Heuer, use Swatch components in some of their most exclusive products, allowing them to capture the higher profits that come with finished products.

But Swatch, best known for its playful plastic timepieces, says that is unfair. Two years ago, it asked Switzerland's Competition Commission for permission to decrease the number of movements and other parts it sells to competitors. A decision is expected in coming months.

In 2012, the average movement sold to manufacturers was 116 Swiss francs ($124), according to the Federation of the Swiss Watch Industry, while the average export price for a Swiss mechanical watch was 2,222 francs. The average retail price for a watch was around 5,500 francs."We are in a ridiculous situation that would be like having BMW supply all the engines for Audi and Mercedes," says Nick Hayek, Swatch's chief executive and the son of the company's founder. "In no other industry do you have one company supply all the critical parts to the people who then compete directly with it."

Swatch says it is effectively subsidizing the competition by shouldering research-and-development and production costs for the rest of the industry. The company won't totally eliminate its supply of components to other watchmakers, but wants the right to reduce supplies.
watches  Swatch  Switzerland  Swiss 
april 2013 by jerryking
Time Bandit: Nicolas Hayek, CEO of Swatch Group
June 10, 2010 | - WSJ. Magazine - WSJ | By Michael Clerizo
watches  entrepreneur  Nicolas_Hayek  Swatch 
june 2010 by jerryking

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