IICRC Names 2005 Executive Committee
Vancouver, WA, December 8--The Institute of Inspection, Cleaning and Restoration Certification (www.IICRC.org) elected its 2005 Executive Committee during its Board of Directors’ meeting on November 8.
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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.
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.
InterfaceFLOR Intros FLOR Groks
Chicago, IL, December 7--InterfaceFLOR has introduced FLOR Groks – a one-of-a-kind, direct-to-consumer, communication tool, which is available on interfaceflor.com.
Home Depot to Close Georgia Lighting
Atlanta, GA, December 7—Home Depot will close Georgia Lighting, a provider of high-end decorative lighting fixtures, plumbing and antiques. Home Depot acquired Georgia Lighting and its six stores in 1999.
Armstrong Cuts to Yield Savings
Lancaster, PA, December 7---Armstrong World Industries will save much more than it costs to lay off the latest round of ill-fated workers, the company has disclosed.
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.
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.