Osborn Named President of Macy's Home Store
Cincinnati, OH, July 27--Federated Department Stores has named Michael J. Osborn president and chief operating officer of its Macy's Home Store division, effective Aug. 8.
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.
Oriental Weavers Names Baker Western Sales Region
Dalton, GA, July 27--Sphinx by Oriental Weavers recently promoted William (Bill) Baker to the position of western sales region manager.
Wood Flooring International Expands
Burlington, NJ, July 27--Wood Flooring International, Inc. has expanded and moved into its new headquarters, a 150,000-square-foot building located in Burlington, NJ.
Dow Latex Increases Prices of Products in Carpet f
Midland, MI, July 26--Effective August 15, 2005, the Dow Latex business is increasing the prices of all latex products sold into the carpet industry by US$0.03/lb (dry) in the United States and Canada.
Indiana Company Building Wood Floor Finishing Plan
Blairsville, IN, July 28--CQ Hardwood Finishers is building a 20,000-square-foot wood-finishing facility to provide final finishing to hardwood flooring for residential and commercial construction.
Durable Goods Orders Up 1.4% Beat Estimates
Washington, DC, July 27—-Orders for durable goods increased 1.4% in June, according to the Commerce Department, the third straight strong monthly increase.
Centex 1Q Earnings Up 32%
Dallas TX, July 27--Home builder Centex reported first quarter earnings that rose 32 percent, driven in part by an increase in home closings and selling prices, and it raised its full-year outlook.
Manufacturing Job Growth Slowed in July, Key Vacan
Alexandria, VA, July 26--Although employment growth was slower for manufacturing firms this month than last, employers are have more difficulty finding skilled applicants to fill key positions.
Consumer Confidence Dips In July
New York, NY, July 26--The Conference Board’s Consumer Confidence Index, which had increased in June, dipped in July.
Solutia Gets Approval to Negotiate Sale of Affilia
St. Louis, MO, July 26--Solutia Inc. has won Bankruptcy Court approval to enter into exclusive negotiations with a potential buyer for its affiliate, Astaris L.L.C. Solutia and FMC Corp.