Dow Chemical to Cut 3,000 Jobs
Midland, MI, Apr. 30--Moving forward with a long-term cost reduction plan, Dow Chemical Co. said Thursday it would cut 3,000 jobs globally this year.
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Armstrong Reports First Quarter Results
Lancaster, PA, Apr. 29--Armstrong Holdings, Inc. today reported first quarter 2004 net sales of $845.0 million, a 9.0% increase over first quarter net sales of $774.9 million in 2003.
Georgia Pacific Posts Profit
Atlanta, GA, Apr. 29--Forest and consumer products company Georgia-Pacific Corp. on Thursday reported a first-quarter profit, reversing a year-ago loss, as prices for lumber and structural panels surged.
Alloc & City of Racine in Land Dispute
Racine, WI, Apr. 29--Alloc has sharpened its threats to reduce future investments here if the city takes back some land the company has not used, according to the Racine Journal-Times.
Dow Reports Earnings Improvement
Midland, MI, Apr. 29--The Dow Chemical Co. reported sales of $9.3 billion for the first quarter of 2004, compared with $8.1 billion a year ago, an increase of 15 percent and a quarterly record.
GDP Rose 4.2% in Quarter
Washington, DC, Apr. 29--The economy strengthened during the first three months of the year, but at a weaker-than-expected pace, the government said Thursday in a report that also suggested inflation rose at a faster rate.
Interface Reports First Quarter Sales & Earnings
Atlanta, GA, Apr. 28--Interface, Inc., a worldwide interiors products and services company, today announced first quarter results for the 14-week period ended April 4, 2004.
The Dixie Group Reports Higher Sales
Chattanooga, TN, Apr. 29--The Dixie Group, reported income from continuing operations of $1,976,000, or $0.16 per diluted share, for the first quarter ended March 27, 2004, compared with income from continuing operations of $877,000, or $0.07 per diluted
Armstrong Adds Executive Vice President
Lancaster, PA, Apr. 28--Armstrong Holdings, Inc. announced that long-term company executive Stephen J. Senkowski has been elected an Executive Vice President of Armstrong World Industries, Inc., effective immediately.
Forbo Shareholders Approve Cash Distribution
Eglisau/Zurich, Switzerland, Apr. 27--At the 75th ordinary Annual General Meeting in Zurich on April 27, the shareholders of Forbo Holding SA approved with a large majority all of the proposals put forward by the Board of Directors.