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.
Greensboro, NC, Aug. 13--New York financier Wilbur Ross said this week that he envisions having a "long-term" involvement with Burlington Industries after the Greensboro-based textile company emerges from Chapter 11 bankruptcy, as reported by The Business
St. Paul, MN, Aug. 12--3M, the maker of Post-It notes and fiber optic connectors, on Monday said it set a 2-for-1 split of its common stock, spurring its high-flying shares to a new all-time high.
Chicago, IL, Aug. 12--Armstrong chairman and CEO Michael D. Lockhart will participate in an industry panel discussion hosted by the National Association of Floor Covering Distributors (NAFCD).
Atlanta, GA, Aug. 12--The Home Depot announced Monday that it will replace archrival Lowe's as the sponsor of TLC's immensely popular home decorating show, "Trading Spaces."
Farnham, Quebec, Aug. 11--Tarkett Sommer announced today that 4158148 Canada Inc. (the "Offeror"), an indirect subsidiary of Tarkett Sommer, has extended to 11:59 p.m. (Montreal time) on Thursday, August 21,
Omaha, NE, Aug. 11--Berkshire Hathaway Inc.'s earnings before realized investment gains rose 32% to $1.32 billion from $1 billion. The holding company said net income more than doubled, reflecting an increase in investment gains.
Troy, MI, Aug. 11--Kmart Holding Corp. on Friday posted audited first-quarter results that reflect the impact of "fresh start" accounting after the retailer emerged from bankruptcy protection.
Lancaster, PA, Aug. 9--One change in ownership for Armstrong World Industries already is planned. And that may not be the only one, the company's top executive acknowledged, according to a report in the Lancaster New Era.
New York, NY, Aug. 11--Martha Stewart Living Omnimedia, the retail and lifestyle empire built around its namesake founder, on Monday reported lower second-quarter profit as revenue fell 16.3 percent.
Lancaster, PA, Aug. 8--Armstrong Holdings, Inc. today reported second quarter 2003 net sales of $826.9 million that were 0.1% higher than second quarter net sales of $825.7 million in 2002.