Randy Gum, vice president of sales for Midwest distributor Misco Shawnee Inc., will become the company’s president this month when Paul Murfin departs to assume the reins as new president of Bona Kemi USA.
The Dixie Group Inc. has been notified by Nasdaq that
Dixie's 7% convertible subordinated debentures do not have at least two active market makers and therefore no longer meet the requirements for continued listing on the Nasdaq National Market.
Minnesota Mining & Manufacturing Co. has appointed General Electric Co.'s James McNerney as chairman and chief executive, the first outsider to run the maker of Post-It Notes and 50,000 other products.
Solutia Inc. has announced a price increase of up to 10 cents per pound ($220.00 U.S. per metric ton) for all general purpose and specialty grades of Ascend nylon 6,6 plastics and polymers, effective January 1, 2001.
Winneconne, Wis.-based Historic Floors of Oshkosh has merged with Creative Edge Corp. of Fairfield, Iowa, to create a single-source U.S. manufacturer of decorative floor borders and medallions fabricated from hard-surface flooring materials. The combined forces of the two companies will operate under the Concept Flooring Group (CFG) name.
Spending on U.S. construction projects surged in September to their second-highest level on record as spending on nonresidential buildings such as offices and factories hit all-time highs.