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.
The U.S. Consumer Product Safety Commission has issued a recall to repair 800 million window blinds with inner cords that can be pulled loose and pose a strangulation hazard to small children, the agency said.