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.
Washington, D.C., Apr. 4--U.S. companies cut 108,000 jobs in March following huge cuts the month before as war in Iraq affected the economy at home. However, the overall civilian unemployment rate held steady at 5.8%, according to the Labor Department.
Wilkesboro, NC, Apr. 3--Lowe's Cos. hasn't seen anything in the U.S. housing market that would cause it to pull back on its plans to open 130 stores this year, according to company executives.
Omaha, NE, April 2—Berkshire Hathaway has agreed to buy modular home builder Clayton Homes Inc. for $1.7 billion in cash.
St. Louis, MO, Apr. 24--Solutia Inc. had a first quarter loss from continuing operations of $17 million, or $0.16 per share, on net sales of $596 million.
Stamford, CT, April 22--GE Consumer Finance has signed a seven-year extension of its agreement with Lowe's Companies, Inc., to continue to provide private label credit card services for the home improvement retailer's consumer and commercial custo
Garner, NC, April 21--Industrial recruiters in Georgia and North Carolina are competing for a $36 million Pergo expansion, according to the Raleigh News Observer.
Morris Township, NJ, Apr. 17—Honeywell’s first quarter earnings per share before the cumulative effect of the required implementation of Statement of Financial Accounting Standards No. 143 (SFAS 143) were $0.32 per share, in line with prior earnings guida
Calhoun, GA, Apr. 17--Mohawk Industries, Inc. had net earnings of $41.64 million and diluted earnings per share (EPS) of $0.62 per share for the first quarter. This compares to $43.21 million in net earnings and EPS of $0.77 for the same period a year ago
Chattanooga, TN, Apr. 10—The Dixie Group, announced that its first quarter results would be adversely affected by lower-than-expected sales volume and higher costs.
Troy, MI, Apr. 2--Kmart Corp. investors, creditors and lenders have elected an entirely new board of directors to lead the discount retailer when it exits bankruptcy protection.