Companies Turn to Workforce Planning
New York, August 7, 2006--An aging workforce and an emerging "baby boom" retirement wave are driving more companies toward "strategic workforce planning," The Conference Board reports today in a new study.
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.
Godfrey Hirst Defends Feltex Offer
Auckland, New Zealand, August 4, 2006--Leading Australian carpet manufacturer Godfrey Hirst says its offer for Feltex remains far better than a new proposal which emerged on Thursday.
Factory Orders Up
Washington, DC, August 3, 2006--Factory orders rose 1.2% in June as new orders for ships more than doubled, the Commerce Department said Thursday.
Godfrey Hirst Set for Feltex Takeover
Wellington, New Zealand, August 3, 2006--Australian company Godfrey Hirst is on the verge of striking a deal to rescue carpet maker Feltex, sources close to the deal say.
Core inflation Inches Up in June
Washington, DC, August 1, 2006--Core consumer inflation matched an 11-year high in June, keeping the pressure on the Federal Reserve to fight inflation, the Commerce Department reported Tuesday.
Federated OKs Lord & Taylor Sale
Cincinnati, OH, August 1, 2006--Federated Department Stores Monday received approval for its plans to sell its 48-store Lord & Taylor department store chain to a private guilty group and a real estate developer.
Manufacturing Activity Up in July
Washington, DC, August 1, 2006--A key gauge of strength of the U.S. factory sector picked up unexpectedly in July, the Institute for Supply Management reported Tuesday.
NeoCon East; New Products, Events & Education
Chicago, IL, August 1, 2006--NeoCon East, the premier exposition in the Mid-Atlantic region for the design and management of the built environment, returns for its fourth consecutive year to the Baltimore Convention Center October 11-12.
Weyerhaeuser Completes Sale of Five Mills
Federal Way, WA, July 31, 2006--Weyerhaeuser Co., said it completed the sale of its North American composite panels business to Flakeboard America Ltd., the U.S. subsidiary of Markham, Ontario-based Flakeboard Co. Ltd.
Kronospan Receiving New Loans
Kiev, Ukraine, July 31, 2006--The European Bank for Reconstruction and Development (EBRD) is taking part in syndicating loans for the Kronospan Ukr timber mill, in Novovolynsk, Volyn region, for a total of 60 million euros.