Consumer Confidence Index Flat in March
New York, Mar. 30--The Conference Board's Consumer Confidence Index, which had declined sharply last month, was flat in March
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.
Coverings Announces Spectrum Award Winners
Alexandria, VA. Mar. 25--Coverings, the leading showcase for ceramic tile and natural stone floor coverings, has selected Michelle Griffoul Studios as the $10,000 Grand Prize winner of the 2004 Spectrum Award.
New Home Sales Rise Strongly in February
Washington, D.C., Mar. 24--Sales of new U.S. homes surged unexpectedly in February to their highest level since August, a Commerce Department report showed on Wednesday.
Armstrong Requests Another Extension for Bankruptc
Lancaster, PA, Mar. 22--As Armstrong World Industries tries to emerge from bankruptcy, it wants to make sure there's still only one reorganization plan on the table -- its own, according to the Lancaster New Era.
Shaw Increases Fiber Production Capacity
Dalton, GA, Mar. 19--The second phase of a major modernization project was recently begun by Shaw Industries at its Andalusia extrusion facility.
Kmart Posts First Post Bankruptcy Profit
Troy, MI, Mar. 18--Kmart Holding on Thursday posted its first quarterly profit since emerging from bankruptcy.
Unilin Announces Plans for New Plant in North Caro
Thomasville, NC, Mar. 17--Unilin Décor announced yesterday that it will build a $80 million plant near Thomasville, creating 330 jobs.
Closing of Invista Deal Delayed
Pound Ridge, NY, Mar. 16--The target date for closing Koch Industries Inc.'s $4.4 billion purchase of Invista from the DuPont Co. has been moved to April 30 from the end of March, according to Delawareonline.com.
Armstrong May Lay Off More Lancaster Plant Workers
Lancaster, PA, Mar. 15--Another large layoff might be looming at the Lancaster floor plant of Armstrong World Industries, threatening an estimated 175 jobs, according to the Lancaster New Era.
Economists Still Optimistic
New York, NY, Mar. 12--Many economists admit they are stumped by the question of why the expanding U.S. economy isn't churning out lots of new jobs, as it did so faithfully in the 1990s