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.
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.
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.
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.
Shell & BASF Set to Sell $6B Plastics Business
London, England, July 30--Shell and BASF, the German chemical company, are preparing to sell Basell, a $6 billion (£3.3 billion) global plastics business, marking the first strategic move for the Anglo-Dutch oil company since becoming mired in its oil res
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.
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.
Wellman Reports 2Q Results
Shrewsbury, NJ, July 28--Wellman, Inc. announced second quarter 2004 showed significant improvement over first quarter 2004 results.
INSTALL Adds Endorsers
St. Louis, MO, July 29-- Six manufacturers from the United States and Canada who learned more about the International Standards and Training Alliance (INSTALL) during Surfaces 2004 have become formal endorsers of the training program.
Beige Book Shows Some Cooling
Washington, July 29--The Federal Reserve reported that the U.S. economy cooled off in June and July as consumer spending, especially on autos, slowed significantly after a big surge in early spring.
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.