Consumer Prices Increase Slightly
Washington, DC, Jan. 15--Consumer prices posted a modest gain in December, largely due to a rise in food and energy prices.
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.
Mishkin Acquires Residential Firm
Los Angeles, CA, Jan. 13--Jack Mishkin has recently acquired the assets of Steven C. Fine Floor Coverings. The new company, a division of J. Mish, Inc., will continue doing business as Steven C. Fine Floor Coverings.
Congoleum Obtains Interim Financing Approval
Mercerville, NJ, Jan. 9--Congoleum Corporation announced today that the Bankruptcy Court has issued an interim financing order approving its Debtor-in-Possession revolving credit facility.
Unemployment Rate Declines
Washington, DC, Jan. 9--The unemployment rate fell in December to its lowest level in 14 months.
Armstrong Shareholders Approve Dissolution
Lancaster, PA, Jan. 8--Armstrong Holdings Inc., the holding company of Armstrong World Industries, Inc., announced today that at a special meeting of its shareholders held yesterday approval was received for its conditional dissolution.
Suit Claims Mohawk Employs Illegal Immigrants
Rome, GA, Jan. 7--Three former workers and a current employee at Mohawk Industries have filed a federal lawsuit accusing the carpet manufacturer of keeping wages down by hiring illegal immigrants.
Manufacturing Growth Best In 20 Years
Tempe, AZ, Jan. 2--The manufacturing sector grew for a sixth straight month in December, turning in its best performance in 20 years, the Institute for Supply Management reported Friday.
Mohawk Upgraded to Outperform
New York, Jan 2--Analysts at Morgan Keegan upgrade Mohawk Industries, Inc. from "market perform" to "outperform."
Online Retailers Report Record Holiday Sales
New York, NY, Dec. 31--Online retailers have record sales to celebrate this season. E-commerce sales jumped 29%, from $9.08 billion to $11.72 billion from last year to this year.
America's Top Employers To Add Jobs
San Francisco, CA, Dec. 30--With the gathering winds of an economic expansion at their backs, many top U.S. employers are entertaining adding to their worker ranks in 2004.