Solutia Posts 3rd Quarter Loss
St. Louis, MO, Oct. 24--Solutia reported a third-quarter loss, due to higher energy costs, an extended maintenance shutdown at a Texas plant and a range of charges.
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.
Minor Fire At Interface Plant
LaGrange, GA, Oct. 24--An estimated 150 employees were evacuated yesterday morning from an Interface Flooring Systems manufacturing plant in La Grange, GA, due to a minor fire. There were no injuries and production will not be affected.
Mohawk Home Selects BridgePoint's iPlex
Cary, NC, Oct.22-- BridgePoint, Inc. a provider of multimode visibility and management solutions said Mohawk Home has selected its iPlex solution.
Rug Designer Called On To Keep Wright Home Right
Mokena, IL, Oct 23--How does a 1902 Frank Lloyd Wright designed house, operated as a museum, stay in top condition for tours? The Illinois state owned Dana-Thomas house in Springfield calls upon rug designer Jerry Krull.
Jobless Claims Lowest In A Month
Washington, Oct. 23--The number of workers filing first-time applications for unemployment benefits fell last week to its lowest level in one month.
Construction Activity Likely to Rise 1% This Year
New York, Oct. 23-- The robust single-family housing market should help to keep total construction activity in the U.S. from falling in 2003.
Creditors Approve Burlington Restructuring Plan; R
New York, Oct. 23--WL Ross & Co. LLC announced that creditors had voted overwhelmingly in favor of its purchase of Burlington Industries upon its reemergence from Chapter 11 reorganization.
Faus Intros Laminate Innovation
Dalton GA, Oct. 23--Faus Group has introduced the two latest design and technology innovations in laminate floor: InterPlank Design and Microbevel.
Dow Chemical Beats Forecasts in 3rd Quarter
Midland, MI, Oct. 23-- Dow Chemical Co. reported Thursday that its third-quarter earnings more than doubled from a year earlier, easily topping Wall Street forecasts.
Household Debt May Be Larger Then Expected
Washington, Oct 23-- American households may be carrying much bigger financial burdens than previously reported.