Jobless Claims Lowest in Three Years
Washington, DC, Apr. 8--The number of Americans filing new claims for unemployment benefits dropped last week to the lowest level in more than three years.
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.
March's Strong Jobs Performance Stirs Optimism
New York, NY, Apr. 9--Economists lifted their forecasts for job creation but not enough to change the outlook for unemployment or suggest the economy is picking up steam.
Asbestos Bill Revived by GOP Leaders
Washington, DC, Apr. 9--Top Senate Republicans are taking another stab at ending asbestos-related lawsuits by creating a nationwide trust fund to compensate victims.
Members Named to Mohawk Advisory Boards
Dalton, GA, Apr. 9--Mohawk has announced its 2004 Advisory Board members for its Mohawk Floorscapes and Mohawk ColorCenter retail programs.
Invista Purchase Price Lowered
Wilmington, DE, Apr. 6--DuPont today announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of Invista to April 30.
Home Depot Names Senior VP
Atlanta, GA, Apr. 8--The Home Depot announced it has named Brad Shaw as senior vice president of Corporate Communications and External Affairs.
Harpeth Capital Helps Finance McMinnville Sale
McMinnville, TN, Apr. 8--Brentwood-based Harpeth Capital has helped sell McMinnville Manufacturing to privately held Columbia Flooring of Danville, VA.
JCPenney Has Strong March Sales
Plano TX, Apr. 8--JC Penney Company reported today that comparable department store sales increased 11.4 percent for the five weeks ended April 3, 2004.
Costco March Sales Up
Issaquah, WA, Apr. 8--Costco Wholesale sales jumped 11 percent in March at stores open at least a year.
FieldTurf in Talks With Tarkett Group
Paris and Montreal, Apr. 8--FieldTurf Inc. and Tarkett are poised for an historic announcement. Talks between the two companies regarding a strategic alliance have resulted in a letter of intent, signed March 4, 2004.