ASID Names New Board
Washington, D.C., May 5--The American Society of Interior Designers (ASID) is pleased to announce the election results for the fiscal year 2004 board of directors.
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.
S&P Cuts Interface Senior Unsecured Rating
New York,May 7--Standard & Poor's Ratings Services said today that it lowered its long-term corporate credit and senior unsecured debt ratings on Atlanta, Ga.-based carpet manufacturer Interface Inc. IFSIA.O to 'B' from 'B+'.
Buffett Names Possible Successors
Omaha, NE, May 6--Warren Buffett said on Sunday he has named four potential successors to run his Berkshire Hathaway Inc. conglomerate, after he dies or is unable to run the company, but said those names could change.
Dixie Shows First Quarter Loss
Chattanooga, TN, Apr. 29--The Dixie Group, Inc. had a net loss of $336,000, or $0.03 per diluted share, for the first quarter ended March 29, compared with net income of $496,000, or $0.04 per diluted share, for the same period a year ago.
Asbestos Still an Occupational Hazard
Des Plaines, IL, Apr. 30--While negotiators for businesses, insurers, labor unions and congressional leaders iron out an agreement aimed at creating an industry financed national asbestos trust fund
DuPont Posts Profit
Wilmington, DE, Apr. 29--DuPont Co. posted a first quarter profit, but warned that second quarter profits would miss Wall Street forecasts.
Burlington’s Unsecured Creditors Reject Advisors
Greensboro, NC, April 30--Burlington Industries' unsecured creditors and the U.S. trustee appointed in the firm's Chapter 11 case objected to the company's plan for compensating investment bankers.
Lowe’s Exclusive Dealer For Pergo Signature
Wilesboro, NC, Apr. 29-- Lowe's is now the exclusive provider of Pergo Signature, a customized line of laminate flooring.
Oxford Industries Buys Tommy Bahama Brand
Atlanta, GA, Apr. 29--Ownership of the Tommy Bahama brand, known for its upscale casual and island lifestyle in apparel and home furnishings, is being transferred to Oxford Industries.
Union Strikes At Bruce Plant
Beverly, WV, Apr. 30--About 700 teamsters members set up a picket line Sunday night at the Bruce Hardwood Flooring plant in Beverly after employees rejected the company’s contract offer, according to the Charleston Gazette.