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.
Troy, MI, March 25—-Automobile carpet and interiors company Collins & Aikman Corp. said its Audit Committee has retained independent counsel to assist it in its investigation of the company's accounting for certain supplier rebates.
Hoffman Estates, IL, March 25—-The $12.3 billion acquisition of Sears by Kmart was completed on Thursday producing the nation's third biggest retailer with $55 billion in annual sales.
Richmond, VA, March 25--The governor's office announced that Designer Wood Tile and Finishing will invest $4.2 million in a factory in southwest Virginia that will produce pre-finished hardwood flooring.
Tokyo, Japan, March 24--Refinverse Inc., a recycler of commercial-use carpet tiles, has formed an agreement to provide recycled backing materials to Interface Corp.
Washington, DC, March 24--The Fairness in Asbestos Injury Resolution Act just keeps coming back from the dead.
Bowling Green, KY, March 24--It sounds like an old Chinese proverb, but the reality could be thousands of dollars in repair or replacement costs for your premium Brazilian cherry hardwood flooring.
Washington, DC, March 24—-Orders for durable goods rose 0.3 percent in February, according to the Commerce Department. Economists had forecast an increase in February of 1 percent.
Chicago, March 24--The NAFCD Management Conference, "Business Theory Put into Practical Action," will be held May 13-15, 2005, on The Ohio State University campus in Columbus, Ohio.
Zurich, March 24—-Forbo shareholders approved rule changes at an extraordinary General Assembly of Forbo Holding AG held in Zurich today.
Hoffman Estates, IL, March 24—-The pairing of rivals Sears and Kmart in their $11 billion merger is poised for final clearance today, four months after the proposal engineered by Kmart Chairman Edward Lampert was unveiled.