Unifi to Close European Manufacturing Operations
Greensboro, NC, July 30--Unifi, Inc. announced that, as of November 2004, its European operations will focus solely on the sales, distribution and service of textured yarn.
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.
Target to Sell Mervyn's for $1.65B
Minneapolis, July 30—Target Corp. said it will sell its struggling Mervyn's discount department-store chain to a group of private-investment firms for about $1.65 billion.
N.Y. Wa$teMatch & CarpetCycle Partner on Carpet-Re
New York, July 30--N.Y. Wa$teMatch and CarpetCycle are working together to eliminate thousands of pounds of used carpet from going directly to landfill.
Kronotex Breaks Ground for Laminate Plant
Barnwell, SC, July 30--With continued success and growth in the U.S. market, Kronotex USA is responding to product demand by breaking ground on its first U.S.-based manufacturing facility.
Wife of Warren Buffett Dies After a Stroke
Cody, WY, July 30--Susan T. Buffett, 72 years old, wife of Warren E. Buffett and a director of his investment empire, Berkshire Hathaway Inc., died from a stroke yesterday in Cody, Wyo., where she and Mr. Buffett were visiting friends.
Unifi Narrows Losses in 2Q
Greensboro, NC, July 29-- Unifi, Inc. released operating results for its fourth quarter and fiscal year ending June 27, 2004.
Growth in Hiring Costs Slows
Washington, July 30--Employers saw the growth rate in the cost of hiring and retaining workers slow in the second quarter, which could help contain inflation worries as oil-price pressures mount.
Kronotex to Expand in South Carolina
Snelling, SC, July 29-- "Good things come to those who wait." That was the phrase of the day Wednesday during a news conference to announce first-phase development of the largest industry located at the South Carolina Advanced Technology Park in Barnwell
Clinging to the Art of Carpet Making
Khchni, Dagestan, July 29--Emerging from a dark room in her cool home high in the mountains of Dagestan, Asli Isayeva rolled out half a century's worth of dust and memories onto the dining room floor.
Wellman Reports 2Q Results
Shrewsbury, NJ, July 28--Wellman, Inc. announced second quarter 2004 showed significant improvement over first quarter 2004 results.