Oriental Weavers Announces Capital Investments in Dalton, GA Facility
Dalton, GA, May 3, 2016—Oriental Weavers announces significant capital investments in its Dalton, Georgia manufacturing facility.
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Mannington Initiating Price Increase on Engineered Wood Products
Salem, NJ, May 3, 2016—Mannington Mills, Inc. announced that it will be implementing a price increase of up to 5% to 7% on selected engineered wood flooring products effective with shipments on July 1.
Greenville Colorants Will Acquire Permanent Site in Dalton, Georgia
Dalton, GA, May 3, 2016—Global Textile Division of Greenville Colorants has announced that Greenville has acquired a permanent site in Dalton, Georgia to support the carpet and rug colorant business.
March Construction Spending Rose on Strong Private-Sector Demand
Arlington, VA, May 3, 2016—Construction spending increased by 8% in March compared to a year earlier, as the spending total hit the highest level since October 2007, according to an analysis by the Associated General Contractors of America.
Beaulieu America Announces Restructuring of Operations
Dalton, GA, May 2, 2016—Beaulieu America has announced that it is restructuring several of its operations and corporate functions, which will result in position eliminations of approximately 6% to 8% of Beaulieu America’s workforce.
March Construction Spending at Highest Level Since October 2007
Washington, DC, May 2, 2016—Construction spending rose 0.3% to $1.14 trillion in March, its highest level in more than eight years, according to the Commerce Department.
Manufacturing Fell Slightly in April but Remained Positive
Tempe, AZ, May 2, 2016—The April PMI registered 50.8%, a decrease of 1 percentage point from the March reading of 51.8%, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Consumer Sentiment Fell 2.2% in April
Ann Arbor, MI, May 2, 2016—Consumer sentiment closed April at 89.0, down 2.2% from March’s 91.0 rate, according to the University of Michigan’s Survey of Consumers’ final results.
Home Depot CMO Trish Mueller Steps Down
Atlanta, GA, May 2, 2016-- Trish Mueller has stepped down as chief marketing officer at Home Depot after nearly seven years, reports Adweek.
Personal Income Rose 0.4% in March
Washington, DC, April 29, 2016—Personal income increased $57.4 billion, or 0.4%, and disposable personal income increased $50.4 billion, or 0.4%, in March, according to the Bureau of Economic Analysis.