Solutia Demands Completion of Financial Package
St. Louis, MO, February 4, 2008--Solutia Inc. has issued a formal demand to the lead arrangers of the company's exit financing package to fund their commitment on Feb. 6.
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.
Remax Names Empire Approved Supplier
Northlake, IL, February. 4, 2008 --Empire Today has been named an approved supplier for real estate giant RE/MAX International Inc.
Private Equity Firm Buys Tile Company IWT
Palm City, FL, February 4, 2008—Private equity firm New Stream Capital has acquired International Wholesale Tile.
Job Cuts Balloon in January, Says Consultancy
Chicago, IL, February 4, 2008 -- Job cuts increased 69 percent in January from December, according to outplacement consultants Challenger, Gray & Christmas Inc.
Construction Spending Falls More Than Expected
Washington, DC, February 1, 2008—U.S. construction spending fell 1.1 percent in December.
Hess To Become New Chairman at Rieter
Winterhur, Germany, January 30, 2008--Roland W. Hess will succeed Kurt Feller as chairman of the board at Rieter Holding Ltd. at the firm's annual meeting May 8.
Home Equity Loans Harder To Obtain Despite Rates
New York, NY, February 4, 2008--Although homeowners are finding that interest rates are dropping on home equity loans, there's another side to the story.
Finalists Announced for Antron Awards
Kennesaw, GA, February 4, 2008--Invista Performance Surfaces & Materials has announced the finalists for the 23rd Antron carpet fiber Design Award.
Color Forecast: Consumers Looking for Inspiration
Las Vegas, NV, Jan. 30, 2008—Pantone Executive Director Leatrice Eiseman presented a forecast of color trends during the Winter 2008 Las Vegas Market last week.
Economy Loses 17,000 Jobs in January
Washington, DC, February 1, 2008—Employers slashed 17,000 jobs in January, according to the Labor Department, while economists were expecting job growth. Jobs were cut in manufacturing, construction, and a variety of professional and business services.