Galbato Update
Lancaster, PA, Aug. 5--A consolidation of the top offices at Armstrong World Industries Inc. has left its number two man, Chan W. Galbato, the odd man out, according to the Lancaster New Era.
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.
Travelers Wins Asbestos Ruling
New York, NY, Aug. 5--Insurer Travelers Property Casualty Corp. said on Friday it won a favorable ruling from a legal arbitration panel on asbestos claims by bankrupt ACandS Inc., which could save it from more than $1 billion dollars in payouts.
Nebraska Furniture Mart Expanding To Kansas City
Kansas City, KS, August 4-- In the midst of the Great Depression, Rose Blumkin, a Russian Jewish immigrant, borrowed $500 from her brother to open a little furniture store in the basement of a building in downtown Omaha, Nebraska, as reported in the Kansa
Home Depot May Buy UK Home Center Chain
London, England, Aug. 3--Deutsche Bank has reported that Home Depot Chairman, President and CEO Bob Nardelli has met recently with Kingfisher's head Gerry Murphy about acquiring the London-based home improvement retailer, according to a report in Atla
Hardwood Continues To Grow
Baltimore, MD, August 4--Hardwood has resurfaced as the trendiest thing to tread on in American homes, according to the Baltimore Sun.
No Merger For PanAmerican Stone & Tile Expo
North Palm Beach, FL, August 4--Responding to industry rumors of a potential merger between Skip Mason and Michael Coburn's new event
Pergo Select Goes Glueless
Raleigh, NC, August 4--The best of the best in laminate flooring just got even better. Long the industry leader in both performance and style, Pergo Select planks now boast the added ease of glueless installation.
Armstrong DLW Playing Surface To Get U.S. Tryout
Lancaster, PA, Aug. 1--A new Armstrong flooring product will take center stage Sunday when Lincoln Financial Field, home of the Philadelphia Eagles, plays host to its first major sporting event.
Jobless Rate Down Slightly
Washington, DC, Aug. 1--Employers cut jobs for a sixth consecutive month in July, suggesting that businesses remain skittish about expanding their payrolls despite expectations of accelerating economic growth in the next few months.
Pillowtex's Brands Are Its Biggest Asset
New York, NY, Aug. 1--If anything of substantial value remains at now-bankrupt Pillowtex Corp., it's the textile maker's brands.