Armstrong Files Proposed Disclosure Statement for
Lancaster, PA, Dec. 20--Armstrong World Industries has filed a proposed Disclosure Statement for its Chapter 11 Plan of Reorganization (POR) with the U.S. Bankruptcy Court in Wilmington, Delaware.
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.
IICRC Stresses Importance of Background Checks
Vancouver, WA, Dec. 18--The Institute of Inspection, Cleaning and Restoration Certification (www.iicrc.org) acknowledges employee background checks as a necessary and cost effective step in the cleaning and restoration industry¹s hiring process.
Flooring Shipper Using Satellite Tracking
Chattanooga, TN, Dec. 18--U.S. Xpress Enterprises, the fifth largest publicly owned truckload carrier in the country and a subsidiary of floorcovering distributor CSI/Crown, Inc., has agreed to equip its entire fleet of 5,500 trucks with Aether MobileMax.
Home Depot Hits Milestone
Atlanta, GA, Dec. 19--Home Depot today opened its 1,500th store, located in Abilene, Texas, and reaffirmed it is on target to add 200 locations and create 40,000 new jobs by the end of its fiscal year.
Housing Starts Up
Washington, DC, Dec. 17--U.S. housing starts rose 2.4% in November, only partially reversing a big slide the month before, as low mortgage rates lured buyers.
Nordstjernan to Acquire Ownership Interest in Vali
Stockholm, Sweden, Dec. 12--Nordstjernan AB (Nordstjernan) has reached an agreement with the Pervan family to acquire an ownership interest in Valinge Holding AB 1 (Valinge), which is the parent company of Valinge Aluminium AB (Valinge Aluminium).
ServiceMaster To Elect New Board Members
Downers Grove, IL, Dec. 18--ServiceMaster's Board of directors will elect two new board members, Betty Jane Scheihing and Roberto R. Herencia, at its upcoming January meeting.
Ecommerce Comes to Flooring Industry
Dalton, GA, Dec. 13--The floorcovering industry continues to capitalize on the growth of the Internet to simplify the way business gets done.
Kmart Shares Delisted
Troy, MI, Dec. 19--Bankrupt retailer Kmart Corp.'s shares will begin trading on the Pink Sheets electronic quotation system on Thursday under the symbol "KMRTQ.PK", ending an 84 year run on the New York Stock Exchange.
UK Carpetright Profits Rise
London, England, Dec. 17--Britain's biggest floorcovering retailer, Carpetright Plc posted a 15.7% rise in first half profit and reported slowing same store sales growth at the start of the second half.