Productivity Rises 1.9%
Washington, DC, June 5--America's productivity improved in the first quarter of 2003 as companies produced more while keeping their work forces lean.
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.
Icoworks Acquires Madawaska Hardwood Flooring Inve
Toronto, Ontario, June 4--Paragon Polaris Strategies.com Inc., dba Icoworks, today announced that Icoworks, Inc.'s subsidiary, Icoworks Eastern Limited ("Icoworks"), has acquired the inventories of Madawaska Hardwood Flooring Inc.
Pennsylvania Flooring Company on Track for Revival
Quehanna, PA, June 4--In northeast Clearfield County, an area thin with substantial employers, a Virginia manufacturer and state aid have come together to resurrect a failed flooring manufacturer, according to the Pittsburgh Post-Gazette.
Will Big Boxes Saturate The American Landscape?
New York, NY, June 3 - Lowe’s chairman and CEO Robert Tillman told analysts he's not concerned about big boxes overruning the American landscape.
Burlington Seeks More Time to Assemble Chap 11 Pla
Greensboro, NC, June 3--Burlington Industries Inc. has made progress in its Chapter 11 case, but the clothing company still needs more time to stitch together a modified reorganization plan.
Mohawk Opts Out of Surfaces 2004
Dalton, GA, June 3—Mohawk has announced that it will not exhibit at Surfaces 2004, and, in response to dealer requests, will instead focus on expanding its regional dealer product launch meetings.
Vinyl Flooring Industry Withdraws NY Green Challen
Albany, NY, June 3--The vinyl flooring industry has withdrawn a lawsuit challenging New York's green building regulations. Vinyl is not listed as a "green" building material, according the Albany Business Review.
U.S. Seeking Martha Stewart Indictment
New York, NY, June 3--Federal prosecutors are seeking a criminal indictment against Martha Stewart ``in the near future,'' her media company said Tuesday.
Sweden Opens Consulate in Raleigh
Raleigh, NC, June 2--Sweden's new Raleigh, North Carolina based consulate will offer traditional consular services as well as promote economic cooperation, trade and investments and cultural exchange programs between the Carolinas and Sweden.
Judge Denies Plea to Halt Armstrong's Asbestos
Wilmington, DE, June 2---A bankruptcy judge here decided Friday to let Armstrong World Industries keep progressing toward its own solution to its asbestos woes, rather than wait and see if Congress creates one.