GDP Rose 4.2% in Quarter
Washington, DC, Apr. 29--The economy strengthened during the first three months of the year, but at a weaker-than-expected pace, the government said Thursday in a report that also suggested inflation rose at a faster rate.
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The Dixie Group Reports Higher Sales
Chattanooga, TN, Apr. 29--The Dixie Group, reported income from continuing operations of $1,976,000, or $0.16 per diluted share, for the first quarter ended March 27, 2004, compared with income from continuing operations of $877,000, or $0.07 per diluted
Forbo Shareholders Approve Cash Distribution
Eglisau/Zurich, Switzerland, Apr. 27--At the 75th ordinary Annual General Meeting in Zurich on April 27, the shareholders of Forbo Holding SA approved with a large majority all of the proposals put forward by the Board of Directors.
Armstrong Adds Executive Vice President
Lancaster, PA, Apr. 28--Armstrong Holdings, Inc. announced that long-term company executive Stephen J. Senkowski has been elected an Executive Vice President of Armstrong World Industries, Inc., effective immediately.
Consumer Confidence Rises
New York, NY, Apr. 27--Greater optimism about the job market pushed consumers' confidence in the economy unexpectedly higher in April.
Timber Resources Expands Into Hardwood Flooring
Wilmington, DE, Apr. 28--Timber Resources International, Inc. announced that it has approved a strategic plan to expand its business operations into hardwood flooring.
Pergo May Add New Production Line
Garner, NC, Apr. 28--Pergo is considering a $25 million expansion that would add 60 to 70 jobs at its Garner plant.
Carpet One Intros New Store Design Program
Manchester, NH, Apr. 28--Carpet One has unveiled a comprehensive store planning program aimed at helping its members develop attractive yet functional store environments.
Greenspan Sees Long-Term Effect in Oil, Gas Costs
Washington, DC, Apr. 28--Federal Reserve Chairman Alan Greenspan said the recent surge in oil and gas prices appears to be a long-lasting phenomenon.
Anso Nylon to Hold Third Annual Fall Carpet Sale
Dalton, GA, Apr. 27--Honeywell Nylon's third annual “Anso Nylon National Carpet Sale” will be held Sept. 1 through Oct. 16.