Congoleum Getting Up Off The Canvas
Mercerville, NJ, Jan. 15--Most companies hope never to file for bankruptcy. At Congoleum, however, executives celebrated the recent move, according to The Times of Trenton.
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.
Formica's Reorganization Plan Confirmed
Warren, NJ, Jan. 14--Formica Corporation today announced that the United States Bankruptcy Court for the Southern District of New York confirmed the company's Plan of Reorganization.
Jersey Energy Firm Buys Mannington's Cogenerat
Folsum, NJ, Jan. 14--Following a competitive bidding process, Marina Energy, a subsidiary of South Jersey Industries has purchased the cogeneration facility at the Salem County plant of floor covering giant Mannington Mills.
BASF To Raise SBD Latex Prices
Charlotte, NC, Jan. 14--Effective February, 15, or as contracts allow, BASF will raise prices in the United States and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymers supplied to the carpet industry by three cents per dry pound.
Pergo Group CFO To Leave
Trelleborg, Sweden, Jan 14--Annette Kumlien, the present CFO of the Pergo group will leave the company to assume the position as CFO of the Höganäs group.
Producer Prices Rise Slightly
Washington, Jan. 14--Producer prices rose only slightly in December, backing the Federal Reserve's view that inflation remains tame and that the central bank can afford to keep interest rates low for much of 2004.
Major Corporations Pledge Greenhouse Gas Reduction
Washington, DC, Jan. 13--3M, International Paper, and Interface are among ten corporations announcing targets today to reduce greenhouse gas emissions under EPA's 'Climate Leaders'.
Invista Sale To Koch On Track
Camden, SC, Jan. 14--The process of selling Invista, formerly DuPont Textiles & Interiors, to Wichita, KS based Koch Industries is progressing smoothly, Invista and Koch officials said this week, according to the Camden Chronicle Independent.
Group Puts Anti Free Trade Messages On South Carol
Columbia, SC, Jan. 13--Billboards in the state's largest cities are prodding voters in the Feb. 3 Democratic primary to make trade policy a top issue, according to The State, Columbia, SC.
Home Depot to Open Distribution Center in Hagersto
Atlanta, GA, Jan. 13--The Home Depot Inc. will open a distribution center just outside Hagerstown, adding about 230 jobs to a county that's had recent success luring some well-known corporations to the western side of the state.