Sears Announces Merger Stock Breakdown
Hoffman Estates, IL, March 28--Sears shareholders who wanted stock in the new Sears Holdings will get stock for about 59 percent of their shares.
Today's Flooring News
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.
Hardwood Flooring Shipments Slow Slightly in Febru
Memphis, TN, March 28--Hardwood flooring shipments for February 2005 are reported at 50,358,000 board feet, a slight drop (2.5%) from the shipments reported for the same period a year earlier, according to NOMFA.
Miami Flooring Retailer Goes Online
Miami, FL March 28--Miami Style Tile and Marble Inc., in the flooring business since 1977, is now going online.
Fire Damages a Dalton Yarn Company
Dalton, GA, March 28--A fire broke out early Sunday morning in a Dalton building that housed the Sierra Yarn plant on Dalton's Old Dixie highway. No injuries were reported.
Milliken & Co. Focuses on Zero Waste
Spartanburg, SC, March 28--Milliken & Co. is one of the world's largest privately held textile and chemical companies, with more than 12,000 employees.
China’s Demand for Wood Endangering Russian Forest
Moscow, Russia, March 28--Increasing demand for wood by China's booming construction and furniture industries is endangering huge areas of Russia's Siberian forests.
Steelcase to Close Some Michigan Plants
Grand Rapids, MI, March 28--Steelcase said Monday it will further consolidate its North America operations and expects to close several manufacturing facilities in the Grand Rapids area.
Coverings Will Showcase Display of Ancient Ceramic
Alexandria, VA, March 25--Coverings will collaborate with the Tile Heritage Foundation to showcase a display of historic ceramic tiles at Coverings 2005.
Georgia Man Pleads Guilty in Rug Fraud Scheme
Atlanta, GA, March 25--A Georgia man pleaded guilty Thursday to taking part in a scheme that used switched bar codes to steal more than $200,000 in rugs and other merchandise.
Stone Mountain-GCO Recognizes Award Winners
St. Louis, MO, March 25--Stone Mountain’s Flooring Outlet-GCO Flooring Outlet recently honored top franchisees, managers, sales staff and outlets for their outstanding achievements at the 2005 Stone Mountain-GCO Convention held in Nashville, Tennessee.