Ross May Not Carve Up Burlington's Assets
Greensboro, NC. July 31--Five months ago, as a major creditor of Burlington Industries Inc., Wilbur Ross said he thought the company was worth more carved into parts, according to the Charlotte Observer.
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.
Insurance Firm Offers Contractor Plans
San Diego, CA, July 30--London American continues to roll out a number of diverse contractor markets for California with strong financial rated carriers, according to the Insurance Journal.
Sutherland Lumber Closes Last Omaha Store
Kansas City, MO, July 30--Sutherlands Lumber and Home Improvement plans to close its store at 2920 L St., the last of four locations once operated in the Omaha area by the Kansas City, Mo., home improvement retailer, according to Omaha World-Herald.
Lowe's Names SVP of Finance
Wilksboro, NC, July 30--Lowe's announced the promotion of Marshall A. Croom to senior vice president of finance, effectively immediately. He most recently served as vice president and treasurer.
Liz Claiborne & Federated Launch Partnership
New York, NY, July 30--Liz Claiborne, Inc. and Federated Department Stores agreed to collaborate on a new buying and selling process that the companies said could improve full-priced sales and reduce manual efforts, increasing productivity and efficiency.
Exhibit Space For Surfaces 04 80% Sold Out
Dallas, TX, July 30--Next year’s Surfaces, which takes place January 28-30 at the Sands Expo & Convention Center, Las Vegas, Nevada, is already 80% sold out. In fact, almost 10% more exhibiting companies are currently on board for the event than at this t
Solutia Shows Loss
St. Louis, MO, July 30--Solutia Inc., maker of fibers and plastics, reported a second-quarter loss, citing severance and restructuring charges, high raw material costs, and industry overcapacity
DuPont's Profit Rises
Wilmington, DE, July 29--Dupont's profit rose 24% in the second quarter on a 10% increase in revenue.
INSTALL Revamps Website
St. Louis, MO, July 29--The International Standards and Training Alliance (INSTALL) today announced the launch of its revamped website, www.installfloors.org.
DuPont Canada Sale To DuPont Approved
Mississaugua, Ontario, July 29--DuPont Canada Inc., a textiles company that makes Nylon, Lycra and polyester, said on Monday it completed the privatization of the company as shareholders approved an amalgamation with parent company Dupont Co.