Fed Says Economy Picking Up
Washington, DC, Sept. 4--Business conditions perked up in the summer offering promising signs for the economy's anticipated second-half rebound.
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.
Pergo To Add Direct Laminate Press To U.S. Product
Trelleborg, Sweden, Sept. 4--Pergo has decided to invest about USD 16 M in its US operations. The investment includes a DL (direct lamination) press and expansion of the production plant in Garner, North Carolina.
Former Armstrong Exec Humphrey Named CEO At Anders
Bayport, MN, Sept. 2--Andersen Corporation announced today that James E. Humphrey has been named chief executive officer, in addition to his current role as president, effective September 1, 2003.
Kmart Adds To Executive Team
Troy, MI, Sept. 2--Kmart Holding Corp. named Bruce Johnson, Janet Kelly and Lisa Schultz senior vice presidents.
ASCR Announces Slate Of New Environmental Courses
Millersville, MD, Sept. 3--The Association of Specialists in Cleaning and Restoration has announced a new slate of environmental courses that it will be offering. The courses fall into four areas: mold, hazardous waste operations and emergency response (H
Carpets International To Cut 140 Jobs
Kidderminster, UK, Sept. 2--A leading UK textile company has announced it is to lay off 140 people at its two Northern Ireland factories, according to 4NI.
Home Depot Looking At Europe, Asia
Atlanta, GA, Sept. 2--As Home Depot expands in Mexico and Canada, it's keeping an eye on Europe and Asia for future international opportunities, according to the Atlanta Journal-Constitution.
Business Good For Lumber Liquidators
Colonial Heights, MA, Sept. 2--Tom Sullivan is building business the hardwood way. The Boston native owns Lumber Liquidators, a hardwood flooring company based in Colonial Heights, according to the Progress-Index.
Karastan Signs AmericasMart Lease Extension
Atlanta, GA, Sept. 2--Karastan has extended its AmericasMart Area Rug Center presence with a long-term lease agreement.
Gulistan Gets New Financing
Aberdeen, NC, Aug. 28--Gulistan Carpet, Inc. announced today that Hampton Capital Partners, LLC made an equity investment in the company and provided mezzanine financing to support ongoing operations.