Robert Shaw Increases Stake in Dixie Group
Dalton, GA, April 29, 2009--Robert Shaw, retired founder and former CEO of Shaw Industries, now owns 12 percent of the common stock of carpet maker Dixie Group Inc.
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William Bird, Kraus, Combine Forces
Greenville, SC, April 29, 2009--William M. Bird and Company Inc. and Kraus Inc. have formed a strategic alliance.
Propex Holding Names Brant CEO
Chattanooga, TN, April 29, 2009 – Chattanooga-based Propex Holding LLC has named Stan Brant, Jr. president and CEO.
Dow Chemical Posts Small First Quarter Profit
Midland, MI, April 30, 2009--Dow Chemical Co. said its first-quarter profit fell 97 percent because of falling sales, job cuts, and the acquisition of specialty chemicals company Rohm & Haas.
Clarion Laminates Names New VP of Sales
Shippenville, PA, April 28, 2009--Clarion Laminates has appointed Michael Babula vice president of sales and marketing.
Consumer Spending Fell in March
Washington, DC, April 30, 2009--Consumer spending took a step back in March after two steps forward in January, government data showed.
Fed Less Gloomy in Beige Book Report
Washington, DC, April 30, 2009--The Federal Reserve on Wednesday painted a less gloomy picture of the economy in its latest Beige Book, an anecdotal view of the economy in the central bank's 12 U.S. districts.
Välinge Signs Chinese Producer Sihe Wood
Viken, Sweden, April 29, 2009--Chinese wood parquet producer Sihe Wood has signed a license for Välinge’s 5G fold down system.
Wools of New Zealand Adds Design Materials
Marietta, GA, April 29, 2009—Wools of New Zealand has added Design Materials, Inc. of Kansas City, Kan., as a new partner, bringing the total number of partners to 45.
GDP Falls More Than Expected in First Quarter
Washington, DC, April 29, 2009--The U.S. economy contracted more than expected in the first quarter as business investment declined at a record rate, the Commerce Department reported Wednesday.