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.
Omaha, NE, Mar. 10--Insurance gains fueled Berkshire Hathaway's $4.2 billion in net income for 2002, one year after it earned only $795 million as it paid out claims in the Sept. 11 terrorist attacks, chairman Warren Buffett said in his annual report
Denver, CO, Mar. 10--A new study by the University of Arizona has found that mold is pervasive in homes nationwide, thriving in household sites that are not routinely cleaned and disinfected.
Karachi, Pakistan, Mar. 11--Pakistan carpet exporters are hoping to recover lost market share in the US market following a cut in the duty on Pakistani hand knotted carpets by U.S. authorities.
Trelleborg, Sweden, Mar. 7--Pergo AB and the main shareholder of Witex AG, HW Industries GmbH & Co. KG, signed a binding agreement concerning a merger between Pergo and Witex late last year.
Raleigh, NC, Mar. 10--Pergo recently submitted its products for industry standards testing. Every product tested passed and, in December, the company was granted official standards certification by the North American Laminate Flooring Association (NALFA).
Dallas, TX, Mar. 4—Surfaces 2003 wasn’t hindered a bit by a sluggish economy, setting records in attendance, number of exhibiting companies and net square feet of exhibit space.
Greensboro, NC, Feb. 28--Berkshire Hathaway has dropped its offer to buy Burlington Industries after the bankruptcy court rejected some of the terms of the deal.
Washington, DC, Mar. 3—Consumers, worried about a possible war with Iraq and their own financial prospects, cut spending 0.1% in January--the first decline in four months.
Atlanta, GA, Mar. 9--Jay Smith has been named president & COO of FloorExpo. Previously, Smith was executive vice president & COO of the company. He joined the firm in April 2000 as senior vice president of sales and marketing.
Washington, DC, Mar. 6--Employee confidence fell to an all time low of 52 in February, as employees expressed increased concerns about the state of the nation's economy, according to the Gallup/UBS Employee Outlook Index, a joint effort of The Gallup