Bayer Forms Joint Venture
Pittsburgh, PA, Apr. 25--Bayer Polymers LLC and PolyOne Corp. announced the formation of BayOne Urethane Systems, LLC, a joint venture to develop and market polyurethane systems in the U.S and Canada.
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.
Commercial Construction Stirs Again
Chicago, IL, April 23--Signs of recovery are in place for the construction industry and a full recovery is expected in the non-residential sector in 2004, predicted Kermit Baker, chief economist for the American Institute of Architects, at the CSE Show in
Weyerhaeuser Hit With $78 Million Judgment
Portland, OR, April 21--A lumber company won a $78 million antitrust judgment in a lawsuit alleging timber giant Weyerheuser used high pressure tactics to elbow competing mills out of a lucrative hardwood market.
Coverings Switches Dates
North Palm Beach, FL, Apr. 18--The Coverings' board of governors, in cooperation with the Orange County Convention Center, has revised the dates for the 2004 event.
DuPont Holds That PFOA Doesn't Pose Risk
Wilmington, DE, Apr. 15--DuPont reiterated its position that there is no evidence indicating adverse human health effects related to low levels of exposure to perfluorooctanoate (PFOA), an essential processing aid used by DuPont and others to manufacture
Arson Destroys United Carpet and Floors of Marylan
Pinefield, MD, Apr. 14--According to the Washington Post, a fire destroyed United Carpet and Floors, a 24 year old family owned business in a strip mall in Pinefield Maryland last week.
Mohawk Expects to Meet Estimates
Atlanta, GA, Apr. 10--Mohawk Industries expects to meet Wall Street's lowered consensus earnings forecast for the second quarter, according to John Swift, the company's chief financial officer.
Pergo's Acquisition of Witex Postponed
Trelleborg, Sweden, Apr. 9—Pergo and HW Industries GmbH and Co KG have decided to postpone the closing of the merger of Pergo and Witex until at least the beginning of May.
Burlington Targets Summer Emergence
Greensboro, NC, Apr. 8--Burlington Industries expects to emerge from bankruptcy this summer and has until July 31 to get its creditors and lenders to sign off on the reorganization plan.
Unemployment Remains At 5.8%
Washington, D.C., Apr. 4--U.S. companies cut 108,000 jobs in March following huge cuts the month before as war in Iraq affected the economy at home. However, the overall civilian unemployment rate held steady at 5.8%, according to the Labor Department.