I remember in Excel 2000 specifying a location where my company's templates
are located on the local network, and these would be among the templates
selectable when creating a new document.

Does this feature exist in Excel 2007? If so, how do I specify the
templates' folder location? If not, how else can I achieve the same thing?

(Incidentally, a search of "workgroup template" in Help yielded no exact
matches.)

Thanks.