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.
Lancaster, PA, Mar. 22--As Armstrong World Industries tries to emerge from bankruptcy, it wants to make sure there's still only one reorganization plan on the table -- its own, according to the Lancaster New Era.
Dalton, GA, Mar. 19--The second phase of a major modernization project was recently begun by Shaw Industries at its Andalusia extrusion facility.
Troy, MI, Mar. 18--Kmart Holding on Thursday posted its first quarterly profit since emerging from bankruptcy.
Thomasville, NC, Mar. 17--Unilin Décor announced yesterday that it will build a $80 million plant near Thomasville, creating 330 jobs.
Pound Ridge, NY, Mar. 16--The target date for closing Koch Industries Inc.'s $4.4 billion purchase of Invista from the DuPont Co. has been moved to April 30 from the end of March, according to Delawareonline.com.
Lancaster, PA, Mar. 15--Another large layoff might be looming at the Lancaster floor plant of Armstrong World Industries, threatening an estimated 175 jobs, according to the Lancaster New Era.
New York, NY, Mar. 12--Many economists admit they are stumped by the question of why the expanding U.S. economy isn't churning out lots of new jobs, as it did so faithfully in the 1990s
Washington, DC, Mar. 11--U.S. retail sales posted their biggest gain in three months during February, driven by strong demand for motor vehicles.
Washington, DC, Mar. 9--Even with strong economic growth, the job market recovery has been slow, which should help to keep pressure off of interest rates and sustain home sales, according to the National Association of Realtors.
Omaha, NE, Mar. 6--Berkshire Hathaway reported that fourth-quarter net income more than doubled.