Growth in Hiring Costs Slows
Washington, July 30--Employers saw the growth rate in the cost of hiring and retaining workers slow in the second quarter, which could help contain inflation worries as oil-price pressures mount.
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.
Kronotex to Expand in South Carolina
Snelling, SC, July 29-- "Good things come to those who wait." That was the phrase of the day Wednesday during a news conference to announce first-phase development of the largest industry located at the South Carolina Advanced Technology Park in Barnwell
Clinging to the Art of Carpet Making
Khchni, Dagestan, July 29--Emerging from a dark room in her cool home high in the mountains of Dagestan, Asli Isayeva rolled out half a century's worth of dust and memories onto the dining room floor.
Wellman Reports 2Q Results
Shrewsbury, NJ, July 28--Wellman, Inc. announced second quarter 2004 showed significant improvement over first quarter 2004 results.
INSTALL Adds Endorsers
St. Louis, MO, July 29-- Six manufacturers from the United States and Canada who learned more about the International Standards and Training Alliance (INSTALL) during Surfaces 2004 have become formal endorsers of the training program.
Beige Book Shows Some Cooling
Washington, July 29--The Federal Reserve reported that the U.S. economy cooled off in June and July as consumer spending, especially on autos, slowed significantly after a big surge in early spring.
Dow Chemical's 2Q Profits Up 74 Percent
Midland, MI, July 29--Dow Chemical Co. reported Thursday that increased volume and pricing drove second-quarter profits up 74 percent to easily beat Wall Street expectations.
Pergo Invites Shareholders for Board Vote
Trelleborg, Sweden, July 29—Pergo has invited shareholders to attend an extraordinary general meeting on Aug. 19, 2004 at the headquarters in Sweden.
Armstrong Reports 2Q Results
Lancaster, PA, July 29--Armstrong Holdings, Inc. today reported second quarter 2004 net sales of $903.5 million, a 9.3% increase over second quarter net sales of $826.9 million in 2003.
Johnson Controls to Open Automotive Interior Plant
Plymouth, MI, July 29--Officials at automotive interior supplier Johnson Controls today announced that the company would open a new manufacturing plant in Montgomery, Alabama to build and supply vehicle interior products to Hyundai Motors.