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.
Wichita, KS, Nov. 21--Following the announcement that subsidiaries of Koch Industries, Inc. have agreed to purchase Invista from DuPont, directors and key leaders for Invista have been identified to guide the company after the acquisition is complete.
Atlanta, GA, Nov. 21--Governor Sonny Perdue announced today the appointment of Jim Jolly to the Board of Regents to represent the Tenth Congressional District.
Washington, DC, Nov. 20--The number of workers filing first-time applications for unemployment benefits fell unexpectedly last week, another encouraging sign for the battered labor market.
Washington, DC, Nov. 19--Home-building activity sizzled in October as residential construction hit its highest level in 17 years.
Wilmington, DE, Nov. 18--The DuPont Co. said Monday it has agreed to sell its nylon, polyester and Lycra business to Koch Industries Inc. for $4.4 billion.
Wilmington, DE, and Wichita, KS, Nov. 17--DuPont and Koch Industries, Inc. today announced they have reached a definitive agreement to sell Invista, formerly DuPont Textiles & Interiors, to subsidiaries of Koch for $4.4 billion in cash.
Farnham, Quebec, Nov. 12--Domco, with a rich and diverse history that spans more than 130 years, is in the process of reinventing itself as an independent brand.
Wilmington, DL, Nov. 13--The DuPont Co. on Wednesday told regulators it expects to close a sale of Invista for about $4 billion during the first half of next year, one-third less than some analysts originally had predicted.
Washington, DC, Nov. 11--Milestone Merchant Partners, LLC, the Washington, DC-based merchant bank, announced the purchase of Florida Tile Industries, Inc. from Illinois Tool Works Inc.'s subsidiary, Premark International, Inc.
Dalton, GA, Nov. 11--Oriental Weavers announced today the strategic alignment of its North American distribution (Sphinx) and domestic manufacturing operation (OWA).