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.
Chattanooga, TN, December 16--U.S. Xpress Enterprises, parent of Xpress Global Systems, a provider of transportation, warehousing, and distribution services to the floorcovering industry, completed the public offering of 4 million shares.
Washington, Dc, December 16--President George W. Bush pledged Wednesday to submit legal reform legislation to Congress that would cover asbestos and class-action lawsuits, as well as medical malpractice.
Union, NJ, December 16--Bed Bath & Beyond Inc. posted earnings in their third quarter that rose 21 percent on a sales increase.
Washington, DC, December 16-- The nation’s home builders are in good holiday spirits this December, maintaining the same high level of confidence as the last two months, according to the National Association of Home Builders/Wells Fargo Housing Market Ind
Miami, FL, December 16-- Lennar Corp., one of the nation's largest homebuilders, posted a 34 percent jump in profit for its fourth quarter as demand for new homes remained strong.
Chattanooga, TN, December 16--Matthew Butt has joined Tricycle Inc.’s headquarters office as technical team leader.
Omaha, NE, December 15-- The board of directors of Berkshire Hathaway Inc. voted Tuesday to elect Microsoft Corp. founder Bill Gates to fill the current vacancy left by the July death of Buffett's wife, Susan.
Eglisau/Zurich, Switzerland, December 15- Forbo Holding AG said it has successfully completed its capital increase, raising gross proceeds of 200 mln sfr ($175.3 million) for the further development of its adhesives, belting and flooring businesses.
Lancaster, PA, December 14--Armstrong Floor Products has expanded its offering of resilient residential sheet flooring for home builders and property managers interested in increased design options for their residential customers.
Washington, DC, December 14--The Federal Reserve raised its benchmark short-term interest rate Tuesday to 2.25% from 2%, for the fifth quarter-point increase in as many meetings since June.