UPS to Buy Overnite for $1.25B in Cash
Atlanta, GA, May 16--United Parcel Service said it agreed to acquire Overnite Corp. for about $1.25 billion in cash to expand its ground freight services in North America.
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Atlanta, GA, May 16--United Parcel Service said it agreed to acquire Overnite Corp. for about $1.25 billion in cash to expand its ground freight services in North America.
St. Louis, MO, May 16—-The National Wood Flooring Association reminds floor covering retailers that when it comes to wood floors, grain and cut have a big influence on appearance and beauty.
Austell, GA, May 17--Bradford T. Mortimer has resigned as Director, President and CEO of Propex Fabrics Inc., effective May 16, 2005, for personal reasons.
Indianapolis, IN, May 16--As owner of a Mr. Handyman franchise in Los Angeles, T.L. Tenenbaum has rigid guidelines for the best approach to difficult drywall and plumbing problems.
Shawano, WI, May 16--Owens Forest Products Co. will receive a $350,000 Community Development Block Grant loan from the Wisconsin Department of Commerce to help expand their operations in Shawano.
Deerfield Beach, FL, May 16—-Mapei Corp. was named home-improvement retailer Lowe's flooring-division supplier of the year for 2004.
Dubai, United Arab Emeritus, May 16--Merinos Carpet has announced that it would be expanding its presence across the globe with the launch of a comprehensive international franchise program.
Manchester, NH, May 16--As Flooring America continues to maximize their internal talent, Tim Leaver, former regional manager of the Southwest area, was promoted to Director of Communications.
Adairsville, GA, May 16--Steve Ladd recently joined Beaulieu Commercial as Vice President of Sales & Marketing for Hospitality.
Ruckersville, VA, May 16--For the first time ever, a reclaimed flooring company will transform sawdust and wood chips from its manufacturing processes into fuel to power on-site drying kilns.