The Dixie Group Completes Yarn Production Plant Sa
Chattanooga, TN, Dec. 29--The Dixie Group, Inc. today announced that it has completed the previously announced sale of its Ringgold, Georgia, spun carpet yarn production facility to Shaw Industries.
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.
DuPont To Shift Some Facilities To Asia
Wilmington, DE, Dec. 1--DuPont Co. said Monday it would accelerate the shift of facilities and staff to such emerging markets as Asia and Eastern Europe to be closer to a fast-growing customer base in those regions.
Armstrong In Dispute With Texas Turf Firm
Lancaster, PA, Dec. 2--Armstrong is asking U.S. Bankruptcy Court to order SRI Sports to substantiate a claim that Armstrong owes it $10 million in damages, according to the Lancaster New Era.
Popularity Of 'Green' Buildings Rises
Baltimore, MD, Dec. 1--Years of trying to get developers to build "green" has convinced the environmentally conscious of the limitations of selling people on saving the world.
New Home Sales Down More Than Expected
Washington, DC, Nov. 26--Sales of new homes posted a larger-than-expected slide in October, a Commerce Department report showed on Wednesday in another sign the once-torrid U.S. housing market is easing a bit.
Fed Sees Strength In Economy
Washington, DC, Nov. 27--The economy continued to steam ahead in October, the Federal Reserve said Wednesday in its most optimistic assessment of business conditions since before the 2001 recession.
Tom Durkan Dead At 78
Dalton, GA, Nov. 27--Thomas R. Durkan, the founder of Durkan Patterned Carpets who was credited with creating a lucrative niche market for upscale printed carpet in the commercial carpet industry, died at his Dalton, GA home on November 25.
Two Home Depot Directors Won't Be Back
Atlanta, GA, Nov. 27--Home Depot Inc. said two directors, including Richard Grasso, the former New York Stock Exchange chairman and chief executive, won't stand for reelection next May.
Surveys: Consumers Plan More Holiday Spending
Chicago, Oct 21--U.S. consumers are planning to spend more on gifts, greeting cards and other holiday goods this year than they did a year ago, bolstering hopes of a sustainable economic recovery, according to two surveys released on Tuesday.
Profits at Electrolux Slide On Weakened Demand and
Stockholm, Oct. 21--Electrolux AB posted a 38% slide in third-quarter profits amid a one-time charge and a decline in sales caused by the weaker dollar and slack demand.