News

St. Louis, MO, Dec. 19--Solutia Inc. edged closer Thursday evening to gaining access to $75 million in bankruptcy financing, with the judge overseeing the specialty chemicals maker's newly filed ...
Dalton, GA, February 17--US Floors bought Natural Cork and is now operating under the brand names Natural Floors and Natural Cork. Piet Dossche, owner of US Floors, is now the CEO of the combined ...
Troy, MI, Jan. 20--Kmart Corp. has fired the five remaining executives who received millions in retention loans just months before the retailer filed for bankruptcy protection and demanded that ...
Houston, San Francisco & Austell, GA, December 3--Propex Fabrics Inc., a subsidiary of Propex Fabrics Holdings Inc. (formerly AFFC Holdings, Inc.), today announced it has finalized the acquisition ...
Brussels, Belgium, July 22--U.S. investor Platinum Equity won European Commission permission on Wednesday to purchase textile-dye firm DyStar from chemical firms Bayer BASF and Aventis' unit Hoechst.
Bethlehem, PA, October 22--Faulty concrete flooring being used to expand the Lehigh Valley Hospital Muhlenberg campus in Bethlehem has spawned a million-dollar lawsuit against contractors who ...
Omaha, NE, Apr. 30--The world's second richest man lives humbly in the Midwest city where he grew up, driving his own car, paying $12 for a haircut and stopping by his local drug store for newspapers.
Chattanooga, TN, Sept. 4--The Dixie Group, Inc. today announced that it has executed a definitive agreement to sell certain of its assets that support its factory-built housing, needlebond and ...