Armstrong’s First Quarter Income Down
Lancaster, PA, May 9--Armstrong Holdings, Inc. today reported first quarter 2003 net sales of $774.9 million that were about 3.6 percent higher than first quarter net sales of $748.0 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.
IICRC's New Mold Standard Nears Completion
Vanvouver, WA, May 12--The S520 Mold Standard Committee for the Institute of Inspection, Cleaning and Restoration Certification met for its ninth meeting in eight months in Las Vegas, NV on May 4 -6.
L.D. Brinkman Struggle Leads to Chapter 11
Lewisville, TX, May 13--Up until about four years ago, L.D. Brinkman Corp. was ringing up annual sales of about $400 million as one of the nation's largest suppliers of wood flooring, tile and carpet, according to the Dallas Business Journal.
DuPont Reduces Environmental Footprint
Atlanta, GA, May 7—DuPont decreased its releases to air, water, land and underground injection wells by 12 percent in 2001 versus 2000, according to data provided to the U.S. Environmental Protection Agency (EPA) for its Toxic Release Inventory (TRI).
Foamex Posts Earnings Loss
Linwood, PA, May 13--Foamex International Inc., the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, today announced its 2003 first quarter results.
Koch Working On Deal For DuPont Textiles
Wilmington, DE, May 8--DuPont Co. plans to sell its unit that makes well-known Lycra fiber and other textiles within a month to private firm Koch Industries Inc. for more than $5 billion, according to sources familiar with the deal.
Tile Brands Debuts Hemingway Line
McAllen, TX, May 12--After mourning the loss of Ernest Hemingway for more than four decades, it's almost startling to note that the literary giant's crisp style is back on the forefront, according to the McAllen Monitor.
Berkshire Hathaway's Earnings Rise 89%
Omaha, NE, May 12--Berkshire Hathaway Inc. reported an 89% surge in first-quarter net income.
Martha Stewart In Talks With US Prosecutors
New York, May 13--Martha Stewart is in talks with the U.S. Justice Department about settling its insider trading probe, the Financial Times reported Monday on its Web site.
OMNOVA Expects Loss
Fairlawn, OH, May 9--Omnova Solutions Inc. expects to report a fiscal second-quarter loss of $4 million to $5.9 million, hurt by several charges due to refinancing and restructuring.