Reinhart Resigns as Dow CFO
Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.
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.
Construction Spending Up in August
Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.
Wal-Mart Rotates International and U.S. Execs
Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.
Home Depot Closer to Opening in China
Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.
Feltex Hopes Restructuring Will Increase Earnings
Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.
Scandian Names Patterson VP Sales & Marketing - No
Virginia Beach, VA, October 3, 2005-- Scandian Industries has named John T. Patterson to the newly created position of vice-president of sales and marketing-North America.
CCA/FCIF Golf Tournament Raises over $130,000
Atlanta, GA, October 4, 2005--For the third year in a row, CCA Global Partners executives and floor covering industry colleagues gathered in Atlanta for the Annual CCA Global Partners/FCIF Charity Golf Tournament.
Senators Asked to Prepare for Asbestos Vote
Washington, DC, October 4, 2005 -- Leaders of the Senate Judiciary Committee have asked senators to prepare amendments in case legislation to create a $140 billion asbestos compensation fund is brought up for a vote this month.
Forbo Opts Out of Surfaces 2006
Hazleton, PA, October 3, 2005--Forbo Flooring, after many years as a steady exhibitor at Surfaces, has decided not to exhibit in 2006.
Keith Campbell to Speak at Benefit
Pound Ridge, NY, Oct. 4, 2005--Mannington Mills chairman Keith Campbell will be the guest speaker at an October 26 fund raiser for the Floor Covering Industry Foundation.