Page 10 - HW October 2019

hard news
Autex completes
stake in the Warriors
Still keeping the faith, NZ manufacturing business Autex Industries has announced that it has taken sole ownership of the Vodafone Warriors.
The family-owned business has been supporting New Zealand rugby league for more than 40 years and Autex Industries CEO, Mark Robinson, says of the news: “Owning a stake in the club last year was the opportunity of a lifetime.
“We’re a league family and have stood alongside other Warriors fans in the rain, hail and sun to cheer on the boys for the past 25 years.
“Like any local league fan, we’re passionate about seeing the team succeed. We know the potential is there, so we’re stoked to be taking on full ownership and kicking off a new chapter for the club.”
Autex MD, Rob Croot, continues as Chair, Cameron George is still CEO and Stephen Kearney will continue to coach the team.
http://www.autexindustries.com/ www.warriors.kiwi
Green tick
for Pink Batts
Tasman Insulation now holds an Environmental Product Declaration (EPD) for all Pink Batts glass wool insulation segments, blankets and boards.
An EPD is a globally recognised, independent assessment of the environmental efficiency of Tasman’s New Zealand manufacturing process – “proof we’re up there with the best in the world,” says the company.
“So, while many people in our industry talk about eco this and eco that, we’re proud of the fact we can prove our credentials in this important area.
“Plus, the fact we’re mainly using New Zealand recycled materials in the process is another way we’re looking after our land. A win-win situation.”
www.pinkbatts.co.nz
Banking on
Boomers & Xers to drive the renovation market?
THE ANNUAL HOUZZ & Home survey has revealedwhat1,800+NewZealanders are doing with their homes. Here are some of the key outtakes:
• Spendingonkitchenrenovations,the most popular room to renovate, grew by 67% in the last year to a median spend of $25,000.
• TogetherBabyBoomers(ages55-74) and Gen Xers (ages 40-54) represent 85% renovation activity at a median spend of $20,000 and $25,000 respectively.
• Similartoexpectationsfromprevious years,42%ofrenovatinghomeowners planned to continue or begin renovations this year, with 36% and 44% of Gen Xers and Baby Boomers, respectively, anticipating new projects.
• 90%ofrenovatinghomeownershireda professional in 2018, with electricians, plumbers and carpenters in greatest
demand (61, 54 and 36%, respectively). • 43%ofhomeownersprioritise
energy efficiency, replacing windows and insulation, for example. This isparticularlyimportantforBaby Boomers and Gen Xers when compared to Millennials (48% and 41% versus 30%).
• For65%ofhomeowners,renovating and decorating go hand in hand. Millennials were significantly more likely to decorate following home renovations than Baby Boomers (79% versus60%).
• 9%ofhomeownersprioritisesmart technology during home renovations, purchasing products like home assistants and streaming media players. The Houzz & Home Survey was sent to
registeredusersofHouzzNZandfielded in April 2019.
www.houzz.co.nz
8 NZHJ | OCTOBER 2019
MORE AT www.hardwarejournal.co.nz