Delaware Offered $14 M to Keep Invista
Wilmington, DE, September 27--Delaware officials disclosed Friday that the state offered Invista $14 million in incentives to keep 350 high-paying jobs in the state, according to DelewareOnline.com.
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.
Hanley Wood Launches Reinvention 2004 Symposium
Washington, September 23-- Residential Architect -- the only national magazine focusing exclusively on the residential architecture profession -- will host Reinvention 2004: The Next American House, in Los Angeles, December 6-8.
Frink Goes to Work at the Commerce Department
Pittsburgh, PA, September 23--Secretary of Commerce Donald L. Evans and Assistant Secretary for Manufacturing and Services Al Frink, founder of the Santa Ana, California-based carpet mill Fabrica, met with the Bush Administration’s Manufacturing Council i
Sears Unveils New Logo
Hoffman Estates, IL, September 21—Sears has adopted a new logo, only the fourth in its 118-year history, to give it what it describes as a "fresher, friendlier' look.
BP: Inexpensive Fuel Era Ending
Vienna, Austria, September 20--BP Plc chief executive officer John Browne says the era of cheap oil may be over because of tensions in the Middle East and persistent growth in demand, according to China Daily.
Fed’s Straight Talk on Rates Avert Deflation
Washington, September 17--The Federal Reserve concluded that its new policy of talking more clearly about its interest-rate plans had a sizable impact on bond markets last year, helping to avert deflation when the Fed's main interest-rate target appro
Mannington Commercial Products Win Design Award
Calhoun, GA, September 15--Mannington Commercial was recently awarded the "2003 Good Design" Award for two products: the ArtCraft Collection of modular carpet tiles and Double Weave, an archtypical geometric pattern in 12' broadloom.
Scotty's Files Chapter 11
Winter Haven, FL, September 15--Scotty's Inc. has filed for protection from its creditors under Chapter 11 of U.S. bankruptcy law, according to the Lakeland Ledger.
Pakistan Carpet Export Decline
Lahore, Pakistan, September 13-- According to latest figures released by the State Bank, carpet exports from Pakistan declined from $19.6 million in July 2004 to $15.6 million in August 2004, denoting a fall of about 20 percent.
Economists Scale Back Forecasts
New York, September 10--Economists continue to pare their forecasts for hiring and economic growth as high oil prices and other uncertainties sap confidence among businesses.