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.
Wilmington, DE, and Wichita, KS, Nov. 17--DuPont and Koch Industries, Inc. today announced they have reached a definitive agreement to sell Invista, formerly DuPont Textiles & Interiors, to subsidiaries of Koch for $4.4 billion in cash.
Farnham, Quebec, Nov. 12--Domco, with a rich and diverse history that spans more than 130 years, is in the process of reinventing itself as an independent brand.
Wilmington, DL, Nov. 13--The DuPont Co. on Wednesday told regulators it expects to close a sale of Invista for about $4 billion during the first half of next year, one-third less than some analysts originally had predicted.
Washington, DC, Nov. 11--Milestone Merchant Partners, LLC, the Washington, DC-based merchant bank, announced the purchase of Florida Tile Industries, Inc. from Illinois Tool Works Inc.'s subsidiary, Premark International, Inc.
Dalton, GA, Nov. 11--Oriental Weavers announced today the strategic alignment of its North American distribution (Sphinx) and domestic manufacturing operation (OWA).
Omaha, NE, Nov. 7--Berkshire Hathaway's third-quarter earnings rose 58% including investment gains, and climbed 38% without the gains.
New York, NY, Nov. 6--Consumers took a break from spending in October, giving retailers only modest sales gains after three months of robust increases.
Washington, DC, Nov. 6--The number of U.S. workers filing first-time applications for unemployment benefits plummeted to a 34-month low last week.
Toronto, Canada, Nov. 5--Icoworks Inc., a wholly owned subsidiary of Icoworks Eastern Limited, is pleased to announce that it has acquired the hardwood flooring inventories of Janus Flooring Corporation.
Portland, OR, Nov. 5--North West Regional Distributor Wanke Cascade has made job responsibility changes with the following promotions.