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.
St. Louis, Dec 04--Solutia Inc. has notified Pharmacia Corporation and Monsanto Company that it will not be making approximately $3 million of payments in connection with settlements entered into earlier this year relating to asbestos litigation in Texas.
Atlanta, Dec 2--The Home Depot (NYSE: HD) announced that it has entered into an agreement to acquire Economy Maintenance Supply Company ("EMS").
Atlanta, GA, Dec. 3--Recurrent rumors resurfaced Tuesday that Home Depot is interested in acquiring London-based home improvement retailer Kingfisher PLC, and the speculation fueled a rise in Kingfisher's stock.
Tokyo, Dec 3--Mitsubishi Rayon Co. has decided to withdraw from the roll carpet and artificial turf businesses and focus all its carpet resources on self-adhesive tile carpets.
Scotland Neck, NC, Dec. 3--The old country church had been turned into a storage shed, then given over to snakes, spiders and pigeon waste, according to the NewsObserver.com
Washington, Dec. 3--Productivity at U.S. companies hit a 20-year high in the third quarter.
St. Louis, MO, Dec. 2--Solutia Inc. notified Monsanto and Pharmacia that it would not be making a $3 million payment to satisfy litigation settlements in two asbestos cases brought against Pharmacia.
Tampa, FL, Dec. 3--RJM Consulting Inc. in Tampa announced Tuesday that it acquired the Tampa division of Hudson Commercial Flooring Inc.
Dallas, TX, Dec. 2--Surfaces 2004 continues to provide floorcovering professionals with the information they need to increase sales and profitability.
New York, NY, Dec. 1--November retail sales are expected to show only moderate gains from last year's poor results as recent warm weather hurt sales of winter gear, and some shoppers hesitated amid a lack of holiday bargains.