Mohawk Shuttering Two Yarn Plants in GA, SC
Calhoun, GA, Sept. 30, 2008-Mohawk Industries will close synthetic carpet yarn plants in Fort Oglethorpe, Ga. and Dillon, S.C. in the next 60 days.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Georgia Green Group Honors Milliken Plant
Atlanta, GA, Sept. 30, 2008--The Partnership for a Sustainable Georgia has recognized Milliken & Company's Live Oak Complex and Hillside Plant of LaGrange, Ga., as Mentors of the Year.
Mortgage Activity Slows as Refinancing Drops
Washington, DC, Oct. 1, 2008--Mortgage applications filed last week dropped a seasonally adjusted 23.0 percent from the previous week.
Credit Market Freeze Hitting Healthy Businesses
New York, NY, Oct. 1, 2008--Stocks are rebounding and a new bailout package could be coming soon, but the credit markets -- where day-to-day borrowing occurs to keep the gears of the economy turning -- are still stuck.
Construction Spending Improves in August
Washington, DC, Oct. 1, 2008--U.S. construction spending was unchanged in August.
Senate To Vote on Revised Bailout Package
Washington, DC, Oct. 1, 2008--A revised plan to rescue U.S. financial markets is headed for a Senate vote Wednesday night.
Rieter Selling Sheet Metal Parts Plant
Ingolstadt, Germany, Oct. 1, 2008--Rieter is selling its sheet metal parts manufacturing facility in Ingolstadt.
Unilin Files Infringement Lawsuit Against Tarkett
Dallas, TX, Sept. 30, 2008--Unilin has filed a lawsuit before the district court in Delaware against Tarkett Inc, Clarion Boards Inc. Clarion Laminates LLC and AT Clarion Group LLC.
Private Employment Falls, ADP Report Says
Roseland, NJ, Oct. 1, 2008--Nonfarm private employment in the U.S. decreased by 8,000 from August to September, according to data from the ADP National Employment Report released Wednesday.
Lawmakers Aiming at Second Bailout Proposal
Washington, DC, Sept. 30, 2008--Congressional and White House officials scrambled to put together a new bailout proposal that would attract reluctant lawmakers and still soothe the unnerved financial markets after the initial proposal failed Monday.