OMNOVA Solutions Implements Lockout at Jeannette P
Fairlawn, OH, December 7--OMNOVA Solutions has implemented a lockout of employees represented by United Steelworkers of America Local 22R at its Jeannette, Pennsylvania facility.
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.
JD Ford & Thomas Named Finalist for Deal Maker Awa
Denver, CO, December 8--The M&A Advisor announced that Thomas Industries, LLC, a company formed by JD Ford & Company, has been selected as one of the three finalists for the "Manufacturing Industry Deal Maker of the Year."
Smith Barney: Vornado Could Bid for Sears
New York, December 7-- Smith Barney said on Monday that Vornado Realty Trust could team with a private equity firm or retailer to bid for Sears, scuttling the department store's $10.6 billion planned purchase by Kmart.
Chain Store Sales Off 1.7% Last Week
Washington, DC, NY, December 7--Retail chain store sales declined by 1.7 percent for the week ending December 4, according to the International Council of Shopping Centers (ICSC)-UBS Weekly Chain Store Sales Index released Tuesday.
3Q Productivity Up 1.8%
Washington, DC, December 7-- Productivity grew at a seasonally adjusted annual rate of 1.8% in the third quarter, down from the initial estimate of 1.9%, for the lowest rate since the fourth quarter of 2002, according to a Labor Department.
Howard Tibbals’ World's Smallest Circus Finds
Sarasota, FL, December 6--The "Greatest Show on Earth" in Howard Tibbals' world is also the smallest, with its diminutive circus acts, tiny spectators and a "big" top that measures just about 4 feet tall, according to the Lakeland, Florida Ledger.
Survey: Most CEOs Say Flexibility and Adapting to
New York, NY December 6--Most CEOs say flexibility and adaptability to change are the major keys to staying competitive, according to a study released today by The Conference Board and sponsored by Heidrick and Struggles and PeopleSoft.
Tulsa Retailer Gets New Look
Tulsa, OK, December 6--A face-lift at a Tulsa furniture store is expected to be completed by year's end.
Lanxess Plans its Launch
Leverkusen, Germany, December 6-- Bayer is to spin off its chemicals and plastics activities in early 2005 under the name Lanxess. It will start with 67% of its activities in profit and an inherited debt of EUR 1.5 bn.
2004 Bankruptcy Filings Down
Alexandria, VA, December 6--The total number of bankruptcies filed in federal courts declined 2.6 percent in the 12-month period ending September 30, 2004, according to data released today by the Administrative Office of the U.S. Courts.