Invista to Cut 175 at Tennessee Plant
Chattanooga, TN, May 20--Invista, a nylon and Lycra manufacturer, will cut at least 175 employees at its North Access Road plant in Hixson, company officials said, according to the Chattanooga Times/Free Press.
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.
Leading Indicators Up 0.1%
New York, NY, May 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators increased 0.1% in April, following a 0.8% increase in March and no change in February.
Success A Puzzle for a Michigan Flooring Company
Holland, MI, May 20--Puzzles are known to give people headaches. Straining to visualize the final picture, people spend hours fitting the pieces, according to the Holland Sentinel.
New Laminates Launched by Armstrong
Lancaster, PA., May 20 -- Armstrong Flooring’s 2004 spring laminate launch promises to drive consumer demand at multiple price points with dramatic, new designs and two new collections.
Elegant Carpet Mat Traps Moisture and Dirt
Cleveland, OH, May 20--Upscale restaurants, hotels, hospitals and office buildings will be pleased to have an alternative choice to the old standard rectangular walk-off mat.
Greenspan Nominated to Another Term
Washington, DC, May 19--President Bush, ending any lingering uncertainty, nominated Alan Greenspan for another term as chairman of the Federal Reserve, a post he has held since 1987.
Armstrong Names Top Distributor for 2003
Lancaster, PA, May 18--Armstrong Flooring has named Cain & Bultman, Inc., of Jacksonville, FL its 2003 Distributor of the Year. It is the company’s fifth win in the past seven years.
Martha Stewart's TV Show on 'Hiatus' A
New York, May 19--Martha Stewart Living Omnimedia, preparing for the possible imprisonment of its founder, will suspend programming of its daily syndicated television show after the conclusion of this season.
Senior Management Changes at Centex
Dallas, TX, May 19--Homebuilder Centex Corp. announced the expansion of and changes to the company's Senior Management Team.
Forbo Names New Communications Head
Eglisau, Switzerland, May 19--Ursula Leonhard, Head of Corporate Communications at Forbo International SA since January 2000, has decided to leave the company effective May 31, 2004.