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.
Washingtom, May 6--Legislation proposing a trust fund of $108 billion to pay asbestos injury claims is close to introduction even without complete agreement from labor and industry groups, Sen. Orrin Hatch said on Tuesday.
Washington, DC, May2--The nation's unemployment rate jumped to 6% in April and companies cut jobs for the third straight month - particularly in manufacturing, airlines and retail - as the fragile economy continued to quash hiring prospects.
Millersville, MD, May 7–Thirty leading professionals in the restoration industry have been designated Certified Restorers by the National Institute of Disaster Restoration (NIDR)
Beverly, WV, May 2--Workers at Bruce Hardwood Flooring in Randolph County voted to accept the company’s new contract offer Thursday afternoon, ending a strike that began Sunday evening at the plant in Beverly, near Elkins.
Detroit, MI, May 6--Kmart Corp.'s long-awaited day is at hand. The discounter is scheduled to emerge today from just more than 15 months of Chapter 11 bankruptcy protection with 600 fewer stores, new leadership and a $2 billion loan.
Omaha, NE, May 6--Berkshire Hathaway chairman and Chief Executive Warren E. Buffett told shareholders Saturday that the company would have first-quarter operating earnings of about $1.7 billion, which he described as "the best operating earnings we've
Morris Township, NJ, May 1--Honeywell has completed two transactions with BASF, previously announced on January 14, in which Honeywell sold its engineering plastics business to BASF in exchange for BASF's nylon fiber business and $90 million in cash.
Washington, DC, May 1--U.S. productivity improved in the first quarter, increasing at an annual rate of 1.6% as companies produced more while they kept work forces lean.
Dalton, GA, May 7--Carpet and rugs are at the head of the class for commercial architects and designers but get low marks in schools, according to an article published in the Chattanooga Times/Free Press, which was based on results of a Carpet and Rug Ins
Wilmington, DE, May 6--If you were expecting to get paid something out of Armstrong World Industries' bankruptcy reorganization, expect something less.