Shareholder’s Push For Burlington Equity Panel Den
Washington, DC, June 6--A Bankruptcy Court turned back a push from one of Burlington Industries Inc.'s largest shareholders to establish an equity committee in the textile company's Chapter 11 case.
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.
DuPont Supports Science Based EPA Regulatory Proce
Wilmington, DL, June 5—DuPont today reaffirmed its support for the U.S. Environmental Protection Agency's (EPA) plans to conduct a science-based risk assessment for perfluorooctanoic acid (PFOA).
Martha Steps Down As Chairman, CEO
New York, NY, Jun. 5--Martha Stewart said on Wednesday she was quitting as chairman and chief executive of her company, hours after she was indicted on obstruction of justice charges.
Aaron Rents Elects David L. Kolb Director
Atlanta, GA, Jun. 5--Aaron Rents, Inc. today announce that David L. Kolb has been elected to fill a vacancy on its Board of Directors. Kolb is Chairman of the Board of Mohawk Industries, Inc.
Poll Shows Consumer Confidence Rise
New York, NY, Jun. 5--Overall consumer confidence rose last week for the second consecutive week, according to the latest ABC News/Money Magazine poll.
Iran's Share of World Carpet Sales Down
Tehran, Iran, Jun. 5--Iran's share of world carpet trade has sharply decreased from 55 percent to 28 percent with international producers taking the lead from Iranians by producing cheaper carpets with higher quality, the IRNA reported from Tehran, qu
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.
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.
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.
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.