Durable-Goods Orders Up 0.7%
Washington, July 28--Durable-goods demand increased in June after back-to-back declines, as defense aircraft orders surged and capital-equipment spending climbed.
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L-P Swings to 2Q Profit
Nashville, TN, July 28--Louisiana-Pacific Corp. swung to a second-quarter profit, the building products company said Wednesday, as robust activity in the housing and remodeling markets fed demand for wood, siding and decking.
Carpet Skates Are Award Winners
Larimer, PA July 28—Who said carpets were for walking on? A product called FunSlides Carpet Skates has just won the Creative Child Magazine Seal of Excellence Award from the magazine's 2004 Top Creative Toy Awards panel.
Michigan Retailer Started on the Ground Floor
Holland, MI, July 27--After spending his formative years on a dairy farm in Borculo, Ken Machiela headed to the big city, hoping to find a job.
Armstrong Gets Approval for Land Sale
Lancaster, July 27---A U.S. Bankruptcy Court judge has approved Armstrong World Industries' agreement to sell surplus land to a Landisville company, according to the Lancaster New Era.
Centex 1Q Earnings Up 24%
Dallas, July 26--Home builder and mortgage company Centex Corp. said its quarterly profit rose 24 percent, in part from higher home prices and closings, prompting the company to raise its outlook for the fiscal year.
DuPont 2Q Earnings Off on Restructuring Charges
Wilmington, DL, July 27--DuPont Co. said its quarterly profit fell after taking charges for jobs cuts and the sale of its carpet and textiles business.
Armstrong Vinyl Brick Wins MVP Award
Lancaster, PA, July 27—Armstrong’s new Mesita brick design from the company’s Destinations vinyl collection received a prestigious Most Valuable Product (MVP) Award from Building Products magazine.
Congoleum’s Request for New Hearing Date Approved
Mercerville, NJ, July 26--Congoleum Corp. announced that the bankruptcy court approved Congoleum's request to reschedule its confirmation hearing from Sept. 9, 2004 to Oct. 5, 2004.
Pulte 2Q Earnings Up 54%
Bloomfield Hills, MI, July 27--Pulte Homes Inc., the No. 2 U.S. home builder said its quarterly earnings rose 54 percent, as higher home prices helped offset increased raw material costs.