Brintons U.S.Axminster's new Greenville, Miss., package dye plant has replaced the skein and stock dyeing processes that served the company well for many years in the production of woven Axminster carpet and rugs.
DuPont announced that AIC Limited has advised DuPont that it has tendered 10,685,336 common shares, representing approximately 16 percent of the minority interest, to DCI Acquisition Inc.'s increased offer of Cdn. $21.75 per common share for all the class A common shares, Series 1 of DuPont Canada, not owned by DuPont or its affiliates.
Congoleum Corp. has executed certain amendments to the settlement agreement it entered into on April 10 with attorneys representing more than 75 percent of the present asbestos claimants, and certain ancillary agreements relating to that settlement agreement.
Tandus Group Inc.,
which includes Collins & Aikman Floorcoverings Inc. and Subsidiaries, reported
earnings for the first quarter (13 weeks) ended April 26, 2003.