Mohawk Elects New Director
Calhoun, GA, Mar. 5--Mohawk Industries, Inc. announced today that Ms. Phyllis O. Bonanno was elected to the Board of Directors effective February 26.
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.
Growth in Payrolls Slower Than Expected
Washington, D.C., Mar. 5--U.S. employers added far fewer jobs to their payrolls last month than economists had expected.
Weyerhaeuser Plans to Sell 3 Mills
Federal Way, WA, Mar. 5--Weyerhaeuser Co. will put three of its lumber and plywood mills in the Carolinas and Georgia on the sales block, because the facilities don't match its business strategies.
Invista to Bring 160 Jobs to Charlotte
Charlotte, NC, Mar. 5--Invista plans to establish a regional headquarters in Charlotte, employing 160.
Solutia Suffers a Loss of $39 Million
St. Louis, MO, Mar. 5--Chemical maker Solutia Inc. lost $39 million, excluding certain one-time charges, between its Dec. 17 filing for bankruptcy reorganization and Jan. 31.
Environmentalists Say 10,000 Die Annually from Asb
San Jose, CA, Mar. 5--Nearly 10,000 people in the United States die each year from asbestos-related health problems, an environmental group said in a new study Thursday, and 100,000 others live within half a mile of high-risk factories that once processed
Centex Jan/Feb Home Sales Rise Over 20%
Dallas, TX, Mar. 5--Centex Corp. said orders at Centex Homes for the first eight weeks of the fourth quarter rose 20.8% from the comparable period a year ago.
Formica Retirees Wait for Decision
Cincinnati, OH, Mar. 5--District Judge Sandra Beckwith promised a quick decision Tuesday on a request by Formica Corp. retirees for an injunction preventing the laminate maker from continuing to reduce their monthly pension checks.
Retailers Report Strong February Sales
New York, NY, Mar. 5--Consumers' rising confidence gave the nation's retailers their third straight month of solid sales in February, with business above expectations at many retailers.
Fed Notes Slow Job Growth Amid Economic Expansion
Washington, D.C., Mar. 4-- Employment is growing slowly as the U.S. economy continues to expand, the Federal Reserve reported Wednesday.