Pergo AB Names New CEO
Trelleborg, Sweden, Nov. 26--Pergo AB has appointed Göran Bernhoff as chief executive officer. Bernhoff is currently the CEO of well-known Swedish camera manufacturer Victor Hasselblad AB.
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.
GDP Revised Upward For 3rd Quarter
Washington, DC, Nov. 25--The economy roared ahead at an even faster pace this summer than previously thought, spurred by stronger business spending, turning in its best performance in nearly two decades.
Invista Directors, Key Leaders Named
Wichita, KS, Nov. 21--Following the announcement that subsidiaries of Koch Industries, Inc. have agreed to purchase Invista from DuPont, directors and key leaders for Invista have been identified to guide the company after the acquisition is complete.
J&J’s Jolley Named To Georgia's Board of Regen
Atlanta, GA, Nov. 21--Governor Sonny Perdue announced today the appointment of Jim Jolly to the Board of Regents to represent the Tenth Congressional District.
Jobless Claims Drop
Washington, DC, Nov. 20--The number of workers filing first-time applications for unemployment benefits fell unexpectedly last week, another encouraging sign for the battered labor market.
Housing Starts Jump
Washington, DC, Nov. 19--Home-building activity sizzled in October as residential construction hit its highest level in 17 years.
Invista Acquisition Update
Wilmington, DE, Nov. 18--The DuPont Co. said Monday it has agreed to sell its nylon, polyester and Lycra business to Koch Industries Inc. for $4.4 billion.
Koch To Buy Invista
Wilmington, DE, and Wichita, KS, Nov. 17--DuPont and Koch Industries, Inc. today announced they have reached a definitive agreement to sell Invista, formerly DuPont Textiles & Interiors, to subsidiaries of Koch for $4.4 billion in cash.
Domco To Be Independent Brand
Farnham, Quebec, Nov. 12--Domco, with a rich and diverse history that spans more than 130 years, is in the process of reinventing itself as an independent brand.
DuPont: Invista Sale Likely In '04. Price Lowe
Wilmington, DL, Nov. 13--The DuPont Co. on Wednesday told regulators it expects to close a sale of Invista for about $4 billion during the first half of next year, one-third less than some analysts originally had predicted.