Georgia Leads Nation in New Jobless Claims
Washington, DC, Aug. 21, 2008--Initial jobless claims fell for a second consecutive week, after hitting six-year high, according to the Labor Department.
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.
Dow Reichhold Latex Venture Dissolving
Research Triangle, NC, Aug. 21, 2008--Dow Reichhold Specialty Latex said it will go out of business by the end of the year, according to the Triangle Business Journal.
Azrock Plant Hit By Tornado Saturday
Houston, TX, Aug. 18, 2008 – Tarkett's Azrock tile plant in Houston was damaged by a tornado Saturday. The affected area held unfinished goods and raw materials.
ServiceMaster Names Kunihiro Senior VP
Memphis, TN, Aug. 21, 2008--ServiceMaster has named Jim Kunihiro as senior vice president of corporate strategy and marketing.
Cross Named Mohawk Sustainability Manager
Dalton, GA, August 20, 2008--Jenny Cross has been promoted to residential senior sustainability manager at Mohawk Industries, a new position. Previously, she was brand manager for Residential Soft Surface Products.
Commercial, Multi-Family Loan Numbers Falling
Washington, DC, Aug. 21, 2008--Commercial and multifamily mortgage loan originations continued to fall on a year-over-year basis in the second quarter, according to the Mortgage Bankers Association’s (MBA) quarterly survey.
Solutia To Raise $145 Million in Stock Offering
St. Louis, MO, Aug. 21, 2008--Solutia plans to sell 10,714,284 shares of its common stock at a price of $14 per share for net proceeds of approximately $145 million.
Dixie Group Planning $10 Million Stock Repurchase
Chattanooga, TN, Aug. 21, 2008--The Dixie Group is planning to repurchase up to $10 million of its common stock.
Aquafil Gets BMW Contract
Cartersville, GA, Aug. 20, 2008--Aquafil USA Inc. has been awarded a contract to supply BCF yarn for two BMW platforms, the E70 and E71.
UFloor Signs Distributor Vegas World Supply
Greensboro, NC, Aug. 21, 2008--UFloorSystems Inc. has entered in to a new full-line distribution partnership with Vega World Supply Inc. in Newark, N.J. to carry its wood adhesives, finishes, and sanding machines.