Armstrong’s UK Plant May Close
Teesside, England, November 30--About 200 manufacturing jobs are under threat at a Teesside flooring factory after staff were warned the local Armstrong World Industries plant may close, according to IC Teesside.
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.
Revised 3Q GDP Up 3.9%
Washington, DC, November 30—The economy grew at a more rapid pace during the summer than the government first believed. Gross domestic product increased during the third quarter at a 3.9% annual rate, faster than the 3.7% pace initially estimated, the Com
Bayer Shareholders Approve Lanxess Spin Off Plan
Leverkusen, Germany, November 30--At an extraordinary general meeting on Wednesday, the majority of shareholders in Bayer, the German chemicals and pharmaceuticals company, voted in favour of a spin-off of Lanxess.
Chain Store Sales Off Last Week
New York, NY, November 30--Chain store retail sales were off 1.5 percent in the week ended November 27, compared with a 0.8 percent rise in the previous week, the International Council of Shopping Centers and UBS said in a joint report.
Cherokee Carpet Names Eaton CEO
Dalton, GA, November 30--Ann Eaton has been named president and CEO of Cherokee Carpet Industries in Dalton, Georgia.
Average Housing Prices Up 8.5% in October
Washington, D.C., November 30 -- The Federal Housing Finance Board reported today that the national average one-family house purchase price in October was up 8.5% from a year ago.
Tarkett To Acquire Marley Floors
Frankenthal/Lenham, Germany, November 30--Tarkett AG has signed an agreement to acquire the business of Marley Floors from ETEX Group SA, Belgium.
NOFMA Names New Officers, Board Members
Memphis, TN, November 30—NOFMA: The Wood Flooring Manufacturers Association elected John Clark, Cherrybark Flooring, Hazelhurst, Miss., to lead the Association as President for 2005.
Cal Custom Tile to Build Granite Countertop Plant
Sanger CA, November 30--Nov. 30--A fast-growing tile company has started construction of a 15,000-square-foot plant in Sanger that will manufacture granite countertops, according to the Fresno Bee.
Ed Koshgarian Killed in Auto Accident Outside His
Chicago, IL, November 29--An Evanston carpet store owner was struck and killed by a vehicle in front of his building while leaving work, officials said.