Second Quarter GDP Revised Down
Washington, August 27 -- The U.S. economy grew slower in the second quarter than first thought amid shrinking corporate profits and higher imports, the government said on Friday.
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.
Flooring America Launches Redesigned Website
Manchester, NH, August 27--Flooring America serves customers and members around-the-clock, every day of the year through the completely redesigned website, FlooringAmerica.com.
Armstrong Resolving More Bankruptcy Issues
Lancaster, PA, August 27--As Armstrong World Industries waits for a new federal judge to decide whether it can emerge from bankruptcy, the company wants its plan for emerging to remain the only one the judge considers, according to the Lancaster New Era.
Imperial PlasTech Signs Production Deal With Agra
Toronto, August 26 -- Imperial PlasTech Inc. has entered into an exclusive supplier agreement with Agra Flooring International Ltd. (AFI) of Calgary, Alberta.
Unifi Workers Faced With Pay Cuts
Kinston, NC, August 27--The new owner of the former DuPont plant has told hundreds of textile workers that they must take a 20 percent pay cut if they want to keep their jobs.
Berkshire Hathaway Reports ServiceMaster Holdings
Omaha, NE, August 26--Berkshire Hathaway Inc. reported holding stakes in ServiceMaster Co. as of June 30.
Sears Canada Fires CEO Mark Cohen
Toronto, ON, August 27 --Sears Canada fired chief executive and chairman Mark Cohen on Thursday citing "strategic differences" in strategy.
Roppe Names New Director of Sales
Fostoria, Ohio, August 27 -- Roppe Corporation recently announced the promotion of Bart Rogers as the new director of sales.
Berkshire Hathaway Reports ServiceMaster Holdings
Omaha, NE, August 26--Berkshire Hathaway Inc. reported holding a stake in ServiceMaster Co. as of June 30.
13th Tehran Carpet Grand Exhibition Kicks-Off in T
Tehran, Iran, August 25—The 13th Tehran Carpet Grand Exhibition focuses on the export and foreign sales aspects of Iranian carpet.