Industrial Accident Kills Propex Worker
Chattanooga, TN, February 11, 2008 –Jason Wolfe, an employee at Propex, died after suffering injuries on Saturday, Feb. 9 at the company’s Ringgold, Ga. plant.
Today's Flooring News
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Dalton River Contains Stain-Repellent Chemical
Dalton, GA, February 11, 2008—The Chattanooga Times Free Press is reporting that researchers have found evidence of PFOA in the Conasauga River.
Remodeling Index Declines in Fourth Quarter
Washington, DC, February 7, 2008 - Home remodelers says conditions in their industry are deteriorating, according to the latest figures from the National Association of Home Builders Remodeling Market Index.
Lenders Say Solutia Knew Risks of Financing
Philadelphia, PA, February 8, 2008--Citigroup Inc. and other lenders involved in the bankruptcy financing package for Solutia Inc. say tt the company knew the risk it involved.
Consumer Confidence Sinks in Early February
Washington, DC, February 8, 2008-- Consumer confidence sank even lower in early February due to fears about jobs and a potential recession.
Congoleum Won't Fight AMEX Delisting
Mercerville, NY, February 8, 2008--Congoleum Corporation said that it has received notice that the American Stock Exchange is moving to delist the company from the exchange.
Weyerhaeuser Swings To Loss in Quarter
Federal Way, WA, February 8, 2008--Weyerhaeuser Co. said deteriorating conditions in the U.S. Housing markets contributed to a fourth-quarter loss and the company believes the 2008 will be a difficult year.
D.R. Horton Posts Loss on Land Charges
Fort Worth, TX, February 7, 2008--D.R. Horton Inc. said Thursday it posted to a loss in its fiscal first quarter, due to substantial charges to write off inventory and land values. The nation's largest homebuilder lost $128.8 million in the quarter.
Pending Home Sales Fall in December
Washington, DC, February 7, 2008—Pending U.S. home sales fell 1.5 percent in December.
Solutia Files Complaint Against Exit Lenders
St. Louis, MO, February 6, 2008--Solutia Inc. filed a complaint in the U.S. Bankruptcy Court for the Southern District of New York against the three banks that had agreed to provide $2 billion in exit financing.