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.
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.
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.
Kansas Firm Taps Natural Stone Market
Lawrence, KS, August 6--Lawrence businessman Larry Connell thinks he has found a rock-solid trend in the home building industry – granite, according to the Lawrence Journal-World.
India Looks To Make Splash In Bamboo
Kolkata, India, Aug. 6--Bamboo, traditionally considered the "poor man's timber" in India, is under consideration as a major export item by the Indian government for a global market valued at Rs 500 billion
How-To Clinics Boost Retail Sales
Saginaw, MI, Aug. 6--Retailers offering workshops, how-to clinics and similar services for free builds customer loyalty--and sales, experts say, according to the Saginaw News.
Burlington Gets More Time To Reorganization Votes
Greensboro, NC, August 6--Textile company Burlington Industries Inc. received more time to solicit votes in favor of a reorganization plan centered on its recently approved sale to W.L. Ross & Co. for $614 million.
Lowe's Opening Some Smaller Stores
Elkins, NC, Aug. 6--Darrell Poindexter was carrying an armful of plumbing supplies and shopping for more in a new Lowe's store in his rural hometown.
New Wallboard Resists Moisture & Mold
Chicago, IL, Aug. 5--What is the biggest issue facing builders, remodelers and homeowners these days? More than likely, the answer has something to do with moisture or mold. And while it's certainly not a new issue, it is one that has the construction
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.
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.