Management Exodus Continues at ServiceMaster
Memphis, TN, September 28, 2007--ServiceMaster said that Vice Chairman and CFO Ernie Mrozek will transition out of his current position by February 29.
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.
Solutia Poised to Emerge From Bankruptcy
St. Louis, MO, September 26, 2007--Solutia said it has secured the support of all of the major constituents in its Chapter 11 cases for reorganization plan.
Foamex Sells Stand-Alone Carpet Cushion Facilities
Linwood, PA, September 26, 2007--Foamex has sold its stand-alone carpet cushion facilities to Future Foam Inc. for $10 million.
CRI’s Seal Raises Vacuum Performance Standards
Dalton, GA, September 25, 2007--The Carpet and Rug Institute (CRI) said it will begin ceritifying vacuum cleaners that improve indoor air quality (IAQ) and green cleaning products.
Help-Wanted Ad Index Dips
New York, NY, September 27, 2007--The Conference Board Help-Wanted Advertising Index — a key measure of job offerings in major newspapers across America — declined two points in August.
New Home Sales Plunge in August
Washington, DC, September 27, 2007—New homes sales in August dropped 8.3% to an annual pace of 795,000, the lowest level in more than seven years according to the Commerce Department.
Välinge Introduces New Locking Technology
Viken, Sweden, September 26, 2007—Valinge has launced a new locking technology for hard surface flooring.
CFI to Offer Continuing Education Programs
Kansas City, MO, September 27, 2007--CFI has implemented new programs to increase the value of its certification.
GDP Revised Down to 3.8%
Washington, DC, September 27, 2007—Gross domestic product grew at a revised 3.8% annual rate in the second quarter, according to a Commerce Department report issued Thursday.
Jobless Claims Fall Last Week
Washington, DC, September 27, 2007-- Jobless claims were off 15,000 to 298,000 in the week ended September 22, according to a Labor Department report.