Wood Producer Relocates to Oswego, NY
Oswego, NY, August 5--Oswego has attracted a new manufacturer to its Empire Zone, according to the Oswego Business Journal.
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.
Trio Pleads Guilty of Attempting to Hack Lowe'
Charlotte, NC, August 5--Three Michigan men pled guilty to charges that they conspired to hack into the national computer system of the home improvement chain Lowe's to steal credit card information.
Retailers Report Subdued July Sales Growth
New York, August 5--Wal-Mart Stores Inc. and other top U.S. retailers on Thursday reported July sales that largely met muted expectations, helped by early back-to-school shopping for computers, clothing and bedding.
Weaving is a Passion for Navajo
Black Mesa, AZ, August 5--Mary Lou Thinn perches on the faded pink cushions in front of her 4- by 5-foot loom. A new day has barely broken.
Springs Licenses Mattel's Barbie & Hot Wheels
Fort Mill, SC, August 5--Springs Industries has signed a multi-license agreement with Mattel to create home collections for the toy company's premier brands, including leading lifestyle brands Barbie and Hot Wheels.
Foamex Posts 2Q Loss
Linwood, PA, August. 5--Foamex International announced a net loss in the second quarter of 2004 of $2.6 million, or $0.11 per diluted share, compared with net income of $3.4 million, or $0.13 per diluted share, in the second quarter of 2003.
Consumers Remain Cautious
New York, August 6-- Despite clearance sales and early back-to-school merchandise, U.S. shoppers continued to spend cautiously in July, lifting sales just slightly above the previous month's disappointing gains.
BASF Worried About High Benzene Prices
Ludwigshafen, Germany, August 5--BASF AG said Thursday it will have to continue to raise the prices for its styrene-based and nylon products because of the continuously increasing price of benzene.
Congoleum Posts 2Q Profit
Mercerville, NJ, August 4--Congoleum Corp. reported net income for the second quarter ended June 30, 2004 of $1.4 million versus a net loss of $2.0 million in the second quarter of 2003.
Witex USA Names Trau EVP Sales & Marketing
Kennesaw, GA, August 4-- Witex USA, Inc. has announced the addition of industry veteran, Paul Trau to their management team. Trau will fill the newly created position of Executive Vice President of Sales and Marketing.