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.
Chattanooga, TN, December 16--U.S. Xpress Enterprises, parent of Xpress Global Systems, a provider of transportation, warehousing, and distribution services to the floorcovering industry, completed the public offering of 4 million shares.
Chattanooga, TN, December 16--Matthew Butt has joined Tricycle Inc.’s headquarters office as technical team leader.
Omaha, NE, December 15-- The board of directors of Berkshire Hathaway Inc. voted Tuesday to elect Microsoft Corp. founder Bill Gates to fill the current vacancy left by the July death of Buffett's wife, Susan.
City of Industry, CA, December 15-- Bentley Prince Street is the recipient of the 2004 Governor’s Environmental and Economic Leadership Award for the State of California, the state’s highest and most prestigious environmental honor.
Washington, DC, December 14--The Federal Reserve raised its benchmark short-term interest rate Tuesday to 2.25% from 2%, for the fifth quarter-point increase in as many meetings since June.
Eglisau/Zurich, Switzerland, December 15- Forbo Holding AG said it has successfully completed its capital increase, raising gross proceeds of 200 mln sfr ($175.3 million) for the further development of its adhesives, belting and flooring businesses.
Lancaster, PA, December 14--Armstrong Floor Products has expanded its offering of resilient residential sheet flooring for home builders and property managers interested in increased design options for their residential customers.
Athens, GA, December 15--Managers with the Athens Invista facility on Voyles Road notified approximately 35 employees with the textile manufacturing facility that their jobs were eliminated, effective Monday, according to the Athens Banner-Herald.
New York, NY, December 14--Chain store retail sales rose 1.2 percent in the week ended December 11, compared with a 1.7 percent decline in the previous week, according to the International Council of Shopping Centers and UBS joint report.
Summitville, OH, December 14-- The struggling tile manufacturer Summitville Tiles announced Friday it has emerged from bankruptcy protection, according to the Lisbon Morning Journal.