Companies Turn to Workforce Planning
New York, August 7, 2006--An aging workforce and an emerging "baby boom" retirement wave are driving more companies toward "strategic workforce planning," The Conference Board reports today in a new study.
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.
Godfrey Hirst Defends Feltex Offer
Auckland, New Zealand, August 4, 2006--Leading Australian carpet manufacturer Godfrey Hirst says its offer for Feltex remains far better than a new proposal which emerged on Thursday.
Factory Orders Up
Washington, DC, August 3, 2006--Factory orders rose 1.2% in June as new orders for ships more than doubled, the Commerce Department said Thursday.
Godfrey Hirst Set for Feltex Takeover
Wellington, New Zealand, August 3, 2006--Australian company Godfrey Hirst is on the verge of striking a deal to rescue carpet maker Feltex, sources close to the deal say.
Core inflation Inches Up in June
Washington, DC, August 1, 2006--Core consumer inflation matched an 11-year high in June, keeping the pressure on the Federal Reserve to fight inflation, the Commerce Department reported Tuesday.
Federated OKs Lord & Taylor Sale
Cincinnati, OH, August 1, 2006--Federated Department Stores Monday received approval for its plans to sell its 48-store Lord & Taylor department store chain to a private guilty group and a real estate developer.
NeoCon East; New Products, Events & Education
Chicago, IL, August 1, 2006--NeoCon East, the premier exposition in the Mid-Atlantic region for the design and management of the built environment, returns for its fourth consecutive year to the Baltimore Convention Center October 11-12.
Manufacturing Activity Up in July
Washington, DC, August 1, 2006--A key gauge of strength of the U.S. factory sector picked up unexpectedly in July, the Institute for Supply Management reported Tuesday.
Weyerhaeuser Completes Sale of Five Mills
Federal Way, WA, July 31, 2006--Weyerhaeuser Co., said it completed the sale of its North American composite panels business to Flakeboard America Ltd., the U.S. subsidiary of Markham, Ontario-based Flakeboard Co. Ltd.
Kronospan Receiving New Loans
Kiev, Ukraine, July 31, 2006--The European Bank for Reconstruction and Development (EBRD) is taking part in syndicating loans for the Kronospan Ukr timber mill, in Novovolynsk, Volyn region, for a total of 60 million euros.