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Chicago, IL, Jan. 20--Diversified manufacturer 3M Co. said Tuesday its quarterly earnings rose 21 percent helped by increased productivity and sales and forecast 2004 earnings at the high end of Wall Street analyst estimates.
Washington, DC, Jan. 19--A rebounding factory sector should generate about 250,000 jobs in 2004, barely denting the huge losses it has suffered since its peak, the National Association of Manufacturers said late last week in its annual economic forecast.
Lancaster, PA, Jan. 19--Armstrong World Industries, Inc., announces the appointment of Cast Products of Elkhart, IN, a nationwide distributor of building products and components to the recreational vehicle and manufactured home markets, to distribute its
Danville, VA, Jan. 19--Master carpenter Norm Abram of the Emmy Award-winning series, This Old House, visited Columbia Flooring’s Danville, VA engineered hardwood flooring plant on November 24 to film a segment that will premiere on PBS.
New York, NY, Jan. 16--U.S. consumer sentiment surged in early January to its highest level since the recession hit three years ago, as job-seekers expressed hopes that stronger economic growth will lead to better hiring in coming months.
Atlanta, GA, Jan. 16--Home Depot Inc., the world's largest home improvement retailer, on Friday raised its earnings outlook for 2003 but cut its planned store openings for 2004.
Washington, DC, Jan. 16--The year 2004 will be a "good year" for the US economy, with a "gradual" increase in employment and continued recovery from lean years past, Anthony Santomero, chairman of the Federal Reserve Bank of Philadelphia, said.
St Louis, MO, Jan. 15--Monsanto Co. reiterated in its 10-Q filing Wednesday that it may get stuck with some legal liabilities stemming from Solutia's Chapter 11 bankruptcy filing last month.
Midland, MI, Jan. 15--Effective Feb. 15, the Dow Emulsion Polymers business is increasing the prices of all latex sold into the carpet industry.
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.