Greensboro, NC, Aug. 26--Burlington Industries Inc. received preliminary approval of the disclosure statement outlining terms of its Chapter 11 bankruptcy reorganization plan Monday.
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.
Washington, DC, Aug. 25--Driven by strong market fundamentals, existing single-family home sales rose to a record monthly pace in July and prices increased at a double digit rate from a year ago, according to the National Association of Realtors
New York, NY, Aug. 21--A leading index of economic health rose for the fourth consecutive month, signaling a widespread pickup in the nation's rate of growth.
St. Louis, MO, Aug. 21--Solutia Inc. today announced a settlement resolving the Abernathy and Tolbert PCB litigation against the Company in Alabama.
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LaGrange, GA, Aug. 20--The City of LaGrange, GA, the U.S. Environmental Protection Agency and Interface Flooring Systems today announced the formation of a partnership to convert naturally occurring methane gas from the local landfill into a green energy
St. Louis, MO, Aug. 19--Solutia Inc. said it's considering all alternatives, including a potential reorganization under Chapter 11 bankruptcy, to address its future liquidity needs, according to the company's quarterly report filed Monday with the
Wilksboro, NC, Aug.18--Lowe's Companies, Inc. today reported net earnings of $597 million for the quarter ended August 1, a 27.8% increase over the same period a year ago.
New York, NY, August 15--Consumer prices rose by a modest 0.2 percent in July for the second month in a row, easing fears that the country could be heading for an economically dangerous slide in prices. Industrial production, meanwhile, shot up.
Linwood, PA, Aug. 13--Foamex International Inc, a maker foam products, on Wednesday posted a lower second-quarter profit and said it was finalizing a refinancing of its bank debt.