Formica Retirees Plan to Fight Cut
Cincinnati, OH, Feb. 5--Retirees of Formica Corp. are mobilizing to fight a company decision to reduce a portion of their pensions.
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.
Additional Invista Leaders Announced
Wichita, KS, Feb. 5--Additional leaders have accepted key roles in the new Invista organization, pending successful completion of the Invista sale to KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, Inc.
Interface Announces Closing of Debt Refinancing
Atlanta, GA, Feb. 4--Interface, Inc. today announced the closing of its private offering of $135 million aggregate principal amount of 9 1/2% senior subordinated notes.
Federated Raises Outlook
Cincinnati, OH, Feb. 3--Federated Department Stores Inc., parent of Macy's and Bloomingdale's, on Tuesday reported a 5.5 percent jump in January sales at stores open at least a year, and raised its fourth-quarter earnings forecast.
Bane-Clene Celebrates 42nd Anniversary
Indianapolis, IN, Feb. 4--Bane-Clene Corporation celebrates 42 years in business today.
Witex Names New Distribution Partner
Kennesaw, GA, Feb. 4--PTS has joined Witex's growing team of distribution partners.
Martha Trial Update
New York, NY, Feb. 4--The government's star witness against Martha Stewart testified Tuesday that Stewart's stockbroker ordered him to pass a tip on ImClone Systems stock to her just before she dumped her shares in the company.
Federated Names Division Executives
Cincinnati, OH, Feb. 4--Federated Department Stores Inc. announced executive promotions on Tuesday.
Textiles Firms Team Up To Protect U.S. Jobs
Spartanburg, SC, Feb. 3--Leaders of the domestic textile industry Thursday warned all candidates for federal office this year to either commit to protect U.S. manufacturing or face rejection at the polls by both employer and employee, according to the Gre
Lowe's Closes Deal to Sell Contractor Yards
Mooresville, NC, Feb. 2--Lowe's Companies, Inc. announced today it has finalized the transaction, previously announced on November 21, 2003, to sell 26 commodity-focused locations operating under The Contractor Yard banner.