GDP Growth Holds at 4.1%
Washington, D.C., Mar. 25--Spending by consumers and businesses rose a little more in the fourth quarter than earlier estimated, but the government left unchanged its reading on economic growth for the period.
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.
Lawyers, Not Plaintiffs, Win Big in Solutia/Monsan
Birmingham, AL, Mar. 25--The plaintiffs in a $300 million settlement over PCB contamination in Anniston will receive an average of $7,725 apiece, while their attorneys will get millions each _ including $29 million to the firm of California celebrity lawy
Coverings Exhibitors Donate Tile to Tile Partners
Orlando, FL, Mar. 25--Coverings exhibitors have donated 135 pallets and 16 crates of tile to Tile Partners for Humanity.
GE, Home Depot Resolve Langone Issues
New York, NY, Mar. 25--After months of prodding from shareholder activists, General Electric Co. and Home Depot Inc. appear to have quietly addressed their Kenneth Langone-related problems.
Coverings Announces Prism Stone Award Winners
Alexandria, VA, Mar. 24-- Coverings, the leading showcase for ceramic tile and natural stone floor coverings, announced that Studio Gang Architects LTD has won the $10,000 Grand Prize in the 2004 PRISM Stone in Architecture Awards.
Existing-Home Sales Up 2% in February
Washington, DC, Mar. 25--Sales of existing single-family homes rose last month, marking only the eighth month on record that the sales pace has reached or exceeded the 6 million mark.
Invista Investment Opens New Opportunities in UK
Newcastle, UK, Mar. 24--Invista, formerly known as DuPont Textiles and Interiors, recently opened its new North Area Control Centre at Wilton.
Invista’s Seaford Nylon Plant Has Potential to Gro
Seaford, DE, Mar. 24--As the DuPont Co. prepares to close a deal to sell its fibers unit to Koch Industries Inc., the future of its Seaford nylon plant is again in question.
Ithaca College to Host Sustainability Summit
Ithaca, NY, Mar 24--Ithaca College will host a North American summit on sustainable development April 6-7, 2004.
Mohawk Unveils New “Rewards Plus” Promotion
Dalton, GA, Mar. 24--Mohawk has made major changes in how it implements its core group of retail salesperson promotions, placing them under one umbrella program: Mohawk "Rewards Plus."