Former Hoboken Workers Reach Settlement
Wayne, NJ, March 12, 2009--About 450 former Hoboken Wood Flooring workers who lost their jobs when the nation's largest wood-flooring distributor closed in November 2007 can expect relief.
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.
Armstrong Names Rodruan Interim CFO
Lancaster, PA, March 11, 2009 -- Armstrong World Industries said that William C. Rodruan will serve as interim chief financial officer starting April 1.
Buffett Could Be Looking To Buy in U.S.
Omaha, NE, March 12, 2009--Billionaire Warren Buffett, CEO of Berkshire Hathaway, parent company of Shaw Industries, may be looking for companies to buy, according to Bloomberg News.
World's Most Expensive Rug on Auction Block
Doha, Qatar, March 12, 2009--The world's most expensive rug could be sold for $20 million when it is auctioned later this month.
UK Online Tile Shop Drops Prices
Coventry, England, March 12, 2009 -- Online Tile Shop, an online supplier of tiles and tiling supplies in the UK, said that the company is introducing a price drop across a number of its tile collections.
Bamboo Firm Style Ltd. Says Restructuring on Track
South Perth, Australia, March 12, 2009--Australian bamboo flooring company Style Limited says its restructuring and core manufacturing business remain on track.
Homebuilders Offering Mortgage Payment Insurance
Red Bank, NJ, March 11, 2009--Homebuilders Hovnanian and Toll Brothers are offering a mortgage insurance program for home buyers that will pay for a portion of mortgage payments should the homeowner lose a job.
Mullican Line Gets FSC Pure Certification
Johnson City, TN, March 11, 2009--Mullican Flooring has achieved Forest Stewardship Council (FSC) Pure certification for its new Green Haven line of domestic solid hardwood flooring.
Lumber Liquidators Profit More Than Doubles
Toano, VA, March 11, 2009--Lumber Liquidators, Inc. reported net income of $6.5 million, or $0.24 per share, in the fourth quarter compared to net income of $3.0 million, or $0.12 per share, in the fourth quarter of 2007.
J&J Commercial, Invision Carpet Sytems, Combine
Dalton, GA., March 11, 2009–- J&J Commercial and Invision Carpet System brands have been combined into one.