Consumer Spending Drops
Washington, DC, Oct. 31--Consumer spending fell in September, reflecting a dropoff in auto sales. Income edged higher but the savings rate fell to its lowest level in almost two years.
Today's Flooring News
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.
Brintons U.S. Axminster To Reduce Work Force
Greenville, MS, Nov. 3--Technological advancements and sluggish market conditions are the main reasons cited for the layoff of 150 hourly and salaried employees at the company’s production facilities in Greenville, Mississippi.
Shareholders Approve Amalgamation Of Domco Tarkett
Farnham, Québec, Oct. 30--At a Special Meeting of Shareholders of Domco Tarkett Inc. held in Farnham, Québec, today, shareholders approved a resolution to amalgamate Domco Tarkett with 4158148 Canada Inc.
Mohawk Named “Green” Contractor Of The Year
Arlington, VA, Oct. 30--Mohawk Industries has been selected to receive the Excellence in Partnership Award presented by the Coalition for Government Procurement together with the GSA Federal Supply Service and Federal Times.
Mannington Wins Recycling Award
Salem, NJ, Oct. 31--Mannington Mills, a flooring manufacturer located in Salem, NJ, was recently honored with a recycling award from the Association of New Jersey Recyclers and the New Jersey Department of Environmental Protection.
Mohawk Plans Columbus, OH Distribution Hub
Columbus, OH, Oct. 31--Mohawk Industries plans to consolidate and expand its regional distribution center at a $10 million build-to-suit complex planned near Rickenbacker International Airport, according to Columbus Business First.
WL Ross Cleared To Buy Out Burlington
Charlotte, NC, Oct. 30--A federal bankruptcy judge approved a $614 million buyout of textile maker Burlington Industries by WL Ross & Co. LLC.
Brintons U.S. Axminster Names VP
Greenville, MS, Oct. 31--Ken Hardy has been appointed to the newly-created post of Vice President Project Management for Brintons U.S.Axminster.
Walmart.com Looking To Grow
New York, NY, Oct. 30--Walmart.com CEO John Fleming says he doesn't want to be another Amazon.com, but he does want to stir things up at the online unit of the world's No. 1 retailer.
Azrock To Intro New Products To Distributors
Houston, TX, Oct. 30--In one of the largest launches in its 71 year history, Azrock by Tarkett will take its newly revitalized product line on the road to more than 31 distributor locations across the country.