Solutia Gets Bankruptcy Plan Extension
St. Louis, MO, Apr. 16--A federal bankruptcy judge has given chemicals concern Solutia Inc. another three months to detail how it expects to emerge from bankruptcy.
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.
Manufacturing in Northeast Rebounds
New York, NY, Apr. 15--Manufacturing activity in the New York Federal Reserve district rebounded sharply to 36.05 in April from the 25.33 reading in March, marking the 12th-straight month of positive readings.
Georgia-Pacific Say Earnings Will Beat Expectation
Atlanta, GA, Apr. 15--Forest products company Georgia-Pacific Corp. said Wednesday it will report first-quarter earnings above Wall Street's expectations, citing the performance of its building products businesses.
Sneakers Recycled into Flooring and More
Boise, ID, Apr. 15--For all they´ve done for you, those shoes deserve a better final resting place than the dump. For the price of postage, Nike will give them a new home, no matter what brand they are, according to the Idaho Statesman.
Initial Jobless Claims Rise
Washington, DC, Apr. 15--First-time claims for unemployment benefits rose more than forecast last week, one week after dropping to the lowest level in four years.
Survey Gives Homeowners' Views on Contractors
Philadelphia, PA, Apr. 15--A survey released today by Opinion Research Corporation on behalf of the Scott Rags in a Box business reveals a love-hate relationship with the people we hire to renovate and repair our homes.
Shuttered Milliken Mill Sold
Robbins, NC, Apr. 15--The shuttered textile mill that once employed hundreds of northern Moore County workers has been sold. Jeff Schwarz and Robert Burr of Asheboro bought the 286,000-square-foot plant, formerly operated by Milliken & Co.
Federated in Talks to Buy Marshall Fields
New York, NY, Apr. 15--Federated Department Stores Inc. the parent of Macy's and Bloomingdale's, said on Wednesday it was in talks to acquire Marshall Field's department stores from Target Corp.
Unifi Discontinues China Joint Venture Talks
Greensboro, NC, Apr. 14--Unifi, Inc. announced today that it has ceased joint venture discussions with the Guangdong Kaiping Polyester Enterprises Group and Guangdong Kaiping Chunhui Co., Ltd. in Kaiping, Guangdong, P.R. China.
Morelock Flooring Partners with Two Distributors
Bend, OR, Apr. 14--Morelock Flooring, a division of Millstone Industries, LLC, announced Tuesday its new partnership agreements with Hardwood Flooring Distributors (HFD) Goodfellow and FSC Flooring Distributors.