Leading Indicators Off for 5th Straight Month
New York, NY, November 18-- The Conference Board announced today that the U.S. leading index decreased 0.3 percent, falling for the fifth consecutive month.
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.
Wools of New Zealand Relocates Corporate Headquart
Atlanta, GA, November 18--Wools of New Zealand has announced that it is relocating its corporate headquarters.
Report Issued on Dalton Chemical Release
Dalton, GA, November 18—-MFG Chemical Company’s inability to control a chemical reaction and an erroneous accident emergency plan led to injuries of 17 police and ambulance personnel and the evacuation of more than 100 families and businesses in Dalton.
Lees Unveils Carpet Adhesive With Recycled Content
Kennesaw, Georgia, November 18 - At the fall StarNet Convention, held last weekend in New Orleans, Lees Carpets unveiled an innovative new adhesive, UnibondR Wet Set RE, specially formulated to install broadloom carpets backed with Lees pioneering high pe
Kronoerg to Increase Laminate Production in Poland
Warsaw Poland, November 18--Kronoerg, the laminate subsidiary of Austrian Kronospan, plans to open a new z³.120 million production plant in May 2005 according to the Business Journal.
LEED Intros Commercial Interiors Rating System
Washington, D.C., November 18--The U.S. Green Building Council (USGBC) has introduced the brand new LEED Green Building Rating System for Commercial Interiors (LEED-CI).
Industrial Production Up 0.7% in October
Washington, DC, November 18--Industrial production rose 0.7 percent in October, according to the Federal Reserve. Capacity utilization rose to 77.7 percent from a revised 77.3 percent for September.
Kmart & Sears to Merge
Troy, MI & Hoffman Estates IL, November 17--Kmart Holding and Sears have signed a definitive merger agreement that will combine Sears and Kmart into a major new retail company named Sears Holdings Corporation.
Unifi To Close Two Production Lines, Downsize
Greensboro, NC, October 19--Unifi Inc. announced that it will be shutting two production lines and downsizing its recently acquired Kinston, North Carolina facility.
2Q GDP Revised Up to 3.3%
Washington, September 29—The economy in the second quarter grew more than originally estimated. It was revised higher to a 3.3 percent annual rate from the 2.8 percent previously reported, the Commerce Department said Wednesday