Armstrong Reports Operating Loss
Lancaster, PA, Aug. 8--Armstrong Holdings, Inc. today reported second quarter 2003 net sales of $826.9 million that were 0.1% higher than second quarter net sales of $825.7 million in 2002.
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.
Kmart Quarterly Loss Narrows
Troy, MI, Aug. 11--Kmart Holding Corp. on Friday posted audited first-quarter results that reflect the impact of "fresh start" accounting after the retailer emerged from bankruptcy protection.
DuPont To Restructure Canadian Operations
Mississauga, Ontario, Aug. 8--DuPont Canada is restructuring its Canadian operations as part of a wider plan by its U.S. parent to fold the subsidiary's textiles and fibres business into a new and separate global company.
Corporate Spending May Be On The Rise
New York, NY, Aug. 8--Although wary from rallies that never materialized and economic bright spots that quickly faded, economists are beginning to feel more confident: They have raised expectations for third-quarter growth
Congoleum Bondholders Approve Indenture Amendments
Mercerville, NJ, August 8--Congoleum Corporation today announced that Congoleum and the trustee for Congoleum's 8 5/8% Senior Notes Due 2008 have adopted certain amendments to the indenture governing the notes.
BOMA Launches Online Seminar
Washington, DC, Aug. 7--The Building Owners and Managers Association (BOMA) International, the leading advocacy group for the commercial real estate industry, has launched a new online seminar
American Biltrite Plans To Exit Wood Business
Wellesley Mills, MA, August 7--American Biltrite Inc., Congoleum's majority shareholder, reported today that it plans to sell or otherwise dispose of its Janus pre-finished hardwood flooring business and will record a charge to second quarter earnings
GGST Looking To Sell Pillowtex Assets
Los Angeles,CA, Aug. 6--GGST, the group buying the assets of bankrupt towel and bedding manufacturer Pillowtex Corp. on Tuesday said it has begun seeking buyers for those assets.
DTI Names Transportation Flooring Business Manager
Kennesaw, GA, Aug. 7--DuPont Textiles & Interiors (DTI), the largest integrated textile fiber and interiors business in the world, is pleased to announce the appointment of Russell Pike to the position of transportation flooring business manager.
Arizona Floor Covering Association Meeting To Feat
Phoenix, AZ, August 7--“E-ommerce”, “B2B”, “B2C”, “real-time information exchange” are just a few of the current edge technology trends that the Arizona Floor Covering Association has taken on for its October 2, 2003 meeting.