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.
Wilmington, DE, Apr. 15--DuPont reiterated its position that there is no evidence indicating adverse human health effects related to low levels of exposure to perfluorooctanoate (PFOA), an essential processing aid used by DuPont and others to manufacture
Pinefield, MD, Apr. 14--According to the Washington Post, a fire destroyed United Carpet and Floors, a 24 year old family owned business in a strip mall in Pinefield Maryland last week.
Atlanta, GA, Apr. 10--Mohawk Industries expects to meet Wall Street's lowered consensus earnings forecast for the second quarter, according to John Swift, the company's chief financial officer.
Trelleborg, Sweden, Apr. 9—Pergo and HW Industries GmbH and Co KG have decided to postpone the closing of the merger of Pergo and Witex until at least the beginning of May.
Greensboro, NC, Apr. 8--Burlington Industries expects to emerge from bankruptcy this summer and has until July 31 to get its creditors and lenders to sign off on the reorganization plan.
Washington, D.C., Apr. 4--U.S. companies cut 108,000 jobs in March following huge cuts the month before as war in Iraq affected the economy at home. However, the overall civilian unemployment rate held steady at 5.8%, according to the Labor Department.
Wilkesboro, NC, Apr. 3--Lowe's Cos. hasn't seen anything in the U.S. housing market that would cause it to pull back on its plans to open 130 stores this year, according to company executives.
Omaha, NE, April 2—Berkshire Hathaway has agreed to buy modular home builder Clayton Homes Inc. for $1.7 billion in cash.
St. Louis, MO, Apr. 24--Solutia Inc. had a first quarter loss from continuing operations of $17 million, or $0.16 per share, on net sales of $596 million.
Stamford, CT, April 22--GE Consumer Finance has signed a seven-year extension of its agreement with Lowe's Companies, Inc., to continue to provide private label credit card services for the home improvement retailer's consumer and commercial custo