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, Apr. 19--Allegations of "breaches of trust or even legality" in corporate America threaten the financial markets, and companies must work harder than ever to restore confidence, Federal Reserve Chairman Alan Greenspan said.
St. Paul, MN, Apr. 19--3M Co.'s first-quarter net income rose about 44% from a year ago and the company beat its raised quarterly guidance, prompting the company to increase its earnings view for the year.
Atlanta, GA, Apr. 16--Amtico Company Limited, the UK based luxury flooring manufacturer, announced today that Mary Docker will be retiring this April as CEO of Amtico International Inc., its US subsidiary.
Dallas, TX, Apr. 19--To further support the mission of the Floor Covering Industry Foundation (FCIF), Surfaces and Hanley Wood will donate $100,000 to the organization over the next five years.
Atlanta, GA, Apr. 15--C&A Floorcoverings, a Dalton, GA based commercial floorcovering manufacturer, was honored with an Environmental Improvement Award during the 26th Anniversary Keep Georgia Beautiful Awards Luncheon.
Washington, DC, Apr. 16--Home-building activity rebounded in March, following two straight months of decline, fueled by low interest rates.
Witham, England, Apr. 16--Junckers Industrier A/S, Europe's leading producer of solid hardwood flooring products, has been bought by Axcel, a leading Danish investment company with a capital commitment of 0.5 billion Euros.
Taunton, MA, Apr. 16--SelecTech Flooring has received the 2003 Gold ADEX Award (Award for Design Excellence) for its new FreeStyle recycled interlocking floor tile.
Washington, DC, Apr. 15--Builder confidence in the market for new single-family homes rose strongly in early April, according to the National Association of Home Builders' latest Housing Market Index.
St. Louis, MO, Apr. 16--A federal bankruptcy judge has given chemicals concern Solutia Inc. another three months to detail how it expects to emerge from bankruptcy.