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.
Trelleborg, Sweden, Jan. 28—As previously reported, Pergo AB and HW Industries GmbH, the main stockholder of Witex AG, have been conducting ongoing discussions concerning a merger between Pergo and Witex. Negotiations have been concluded and the parties
New York, NY, Jan. 29--The Conference Board's Consumer Confidence Index dipped nearly two points in January. The Index now stands at 79.0, down from 80.7 in December. The Expectations Index declined to 81.4 from 88.1, while the Present Situation Index
Atlanta, GA, Jan 29--Home Depot is consolidating two regional divisions that serve stores on the East Coast. The firm will merge its New England division, which includes stores from New York to Maine, into its Eastern division, which includes stores from
Atlanta, GA, Jan. 27--John Gallo, senior vice president of manufacturing for Amtico International and a member of its board of directors, died suddenly on January 24 while on a trip to the U.K. Cause of death was not immediately known.
Washington, DC, Jan. 28--Orders to U.S. factories for big ticket goods edged up in December but still suggested that the nation's battered manufacturing sector isn't out of the woods.
Lancaster, PA, Jan. 28--Armstrong Worldwide Flooring Products has restructured its management team, capping a number of strategic changes the company has made over the past 18 months. The revamped management team continues to be led by president Chan Galb
Washington, DC, Jan. 27--Sales of existing single family homes rose in December while 2002 set a new annual record, according to the National Association of Realtors.
Wilmington, DE, Jan. 28--DuPont Co. had a sharp drop in fourth quarter profit on depressed chemical demand and higher energy costs. The company is seeing "modest growth" in many of its businesses, but still expects first quarter earnings before one time i
New York, NY, Jan. 27--Martha Stewart, in her first public comments in months about the probe into the sale of her stake in ImClone Systems, told the New Yorker magazine she has no plans to leave her company.
New York, NY, Jan. 22--Consumer confidence in the U.S. economy slipped last week, according to the latest ABC News/Money Magazine poll. The consumer comfort index fell 6 points to negative 27 in the week ended January 19, from negative 21 a week earlier.