Lanxess Plans its Launch
Leverkusen, Germany, December 6-- Bayer is to spin off its chemicals and plastics activities in early 2005 under the name Lanxess. It will start with 67% of its activities in profit and an inherited debt of EUR 1.5 bn.
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.
2004 Bankruptcy Filings Down
Alexandria, VA, December 6--The total number of bankruptcies filed in federal courts declined 2.6 percent in the 12-month period ending September 30, 2004, according to data released today by the Administrative Office of the U.S. Courts.
Tulsa Retailer Gets New Look
Tulsa, OK, December 6--A face-lift at a Tulsa furniture store is expected to be completed by year's end.
Wal-Mart Launches Ad Blitz
Bentonville, AR , December 3--Wal-Mart, stung by a lackluster start to the holiday shopping season, said Thursday it is launching a new advertising campaign to remind its customers of its low prices.
ASCR Convention to Focus on Critical Business Issu
Millersville, MD, December 2--The 60th annual meeting of the Association of Specialists in Cleaning and Restoration won’t resemble the first 59 in many respects.
Employers Add 112,000 Jobs in October, Unemploymen
Washington, DC. December 3--Employers added 112,000 workers in November, less than the 200,000 that economists has expected, but the jobless rate dropped to 5.4 percent from 5.5 percent, according to the Labor Department.
Three Former Kmart Executives Charged with Fraud
Washington, DC, December 3--Three former Kmart executives and representatives of several major vendors were charged on Thursday with fraudulently accounting for $24 million of profit before the retailer filed for bankruptcy in 2002.
CRI Working In a Collaboration with NASA
Atlanta, GA, December 2-- After years of working together to enhance a hand held chemical analyzer, NASA and KeyMaster Technologies have created a device that can both function as a quality control tool for parts destined for the Space Shuttle and help le
Capstone To Fund $7.8 Million for Complete Floorin
New York, December 1--Capstone Business Credit, LLC signed a one-year project financing agreement with Complete Flooring Supply Corporation (CFS), based in Suwannee, GA. The deal represents funding $7,800,000 in accounts receivable over a one-year period
New Product Promises to Kill Bacteria & Mold on Fl
Costa Mesa, CA, December 2--Green Quest Technology Inc. announced today a new product that can effectively remove harmful bacteria from the air and prevent the spread of other harmful organic compounds.