Collins & Aikman Hit by Liquidity Issues, CEO Out
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
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Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
Chicago, IL, May 12--Jerry Krull, owner and lead designer of Aspen Carpet Designs in Mokena, IL, is featured on a national cable television program this month.
Göteborg, Sweden, May 12--Molnlycke Health Care, a manufacturer, marketer of single-use products for surgical interventions and wound care, has named Ulf Mattsson CEO.
Atlanta, GA, May 12-- Stainmaster carpet has developed a new section of the Stainmaster carpet Web site.
Salem, NJ, May 12--Last week, Mannington Mills, Inc. was awarded the 2005 Chairman’s Award by the Chemistry Council of New Jersey (CCNJ).
Sultanhany, Turkey, May 12--Worn-out antique carpets from the United States, Germany, England, France and Italy find new life in the Aksaray district of Sultanhany, Turkey.
Washington, DC, May 12--The sickest asbestos victims would be paid the quickest under changes approved on Wednesday by the Senate Judiciary Committee to legislation to create a $140 billion compensation fund.
Bentonville, AR, May 12--Wal-Mart Stores reported a 14 percent increase in first-quarter earnings, but the results missed Wall Street estimates.
Westport, CT, May 12--IWT Tesoro Corp., a leading provider of ceramic, porcelain and natural stone wall and floor covering materials, announced 2004 year-end results.
Torrington, CT, May 12--Carpet padding foam stored in trailers erupted into a spectacular fire Wednesday, forcing firefighters to evacuate residents under billowing smoke.