Flores Resigns as President of Faus Group
Calhoun, GA, Oct. 31, 2008--Juan Flores said he has resigned as president of laminate maker Faus Group Inc.
Today's Flooring News
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Economists Say Recession To Last Through 2009
Washington, DC, Nov. 3, 2008--Most top economists believe the economy has fallen into a recession that will continue through next year.
U.S. Judge Rejects Invista's Lawsuit vs. DuPont
New York, NY, Nov. 3, 2008--A U.S. judge has rejected a lawsuit that accused DuPont and France's Rhodia SA of conspiring to steal Koch Industries Inc.'s proprietary technology that is used in nylon products
Manufacturing Falls to 1982 Levels
Tempe, AZ, Nov. 3, 2008-- Manufacturing in the U.S. contracted in October at the fastest pace in 26 years as the credit crisis deepened and companies slashed orders.
Solutia Cuts Contract Workers at Nylon Plant
Gonzalez, FL, Nov. 3, 2008--Solutia’s nylon plant in Gonzalez cut 50 contract workers last week in its manufacturing support division, according published reports.
Lowe's President Sees Sentiment Up After Election
Mooresville, NC, Nov. 3, 2008--Consumer sentiment should improve once the election is over, no matter what the outcome.
Credit Card Woes Could Be Next Economic Brake
New York, NY, Nov. 3, 2008--Fitch Ratings said Monday that U.S. credit card portfolio losses will increase in the year ahead, with measures of credit continuing to deteriorate into 2009.
Bentley Dye Services Starts Construction
Calhoun, GA, Oct. 31, 2008--Bentley Dye Services broke ground on a yarn manufacturing facility Thursday.
Slow Demand Forcing Shaw To Cut Manufacturing
Dalton, GA, Oct. 30, 2008--Shaw Industries said it is scaling back manufacturing at several facilities in Northwest Georgia.
Consumer Spending Falls in September
Washington, DC, Oct. 31, 2008--Consumer spending fell 0.4% in September, the Commerce Department reported Friday.