Housewares Show Gets Makeover
Rosemont, IL, Mar. 13--When the International Housewares Show moves to March in 2004, the spring timeframe won't be the only thing new about the housewares industry's premier market event.
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.
Berkshire Hathaway Earnings Shoot Up
Omaha, NE, Mar. 10--Insurance gains fueled Berkshire Hathaway's $4.2 billion in net income for 2002, one year after it earned only $795 million as it paid out claims in the Sept. 11 terrorist attacks, chairman Warren Buffett said in his annual report
Indoor Mold A Problem in U.S. Homes
Denver, CO, Mar. 10--A new study by the University of Arizona has found that mold is pervasive in homes nationwide, thriving in household sites that are not routinely cleaned and disinfected.
Pakistan Carpet Exporters Hope to Regain Lost U.S.
Karachi, Pakistan, Mar. 11--Pakistan carpet exporters are hoping to recover lost market share in the US market following a cut in the duty on Pakistani hand knotted carpets by U.S. authorities.
Pergo and HW Receive Approval
Trelleborg, Sweden, Mar. 7--Pergo AB and the main shareholder of Witex AG, HW Industries GmbH & Co. KG, signed a binding agreement concerning a merger between Pergo and Witex late last year.
Pergo Submits Product to Standards Testing
Raleigh, NC, Mar. 10--Pergo recently submitted its products for industry standards testing. Every product tested passed and, in December, the company was granted official standards certification by the North American Laminate Flooring Association (NALFA).
Biggest Surfaces Ever
Dallas, TX, Mar. 4—Surfaces 2003 wasn’t hindered a bit by a sluggish economy, setting records in attendance, number of exhibiting companies and net square feet of exhibit space.
Berkshire Out, Mohawk May Bid On Lees
Greensboro, NC, Feb. 28--Berkshire Hathaway has dropped its offer to buy Burlington Industries after the bankruptcy court rejected some of the terms of the deal.
Consumer Spending Drops Slightly
Washington, DC, Mar. 3—Consumers, worried about a possible war with Iraq and their own financial prospects, cut spending 0.1% in January--the first decline in four months.
Smith Named Floor Expo President & COO
Atlanta, GA, Mar. 9--Jay Smith has been named president & COO of FloorExpo. Previously, Smith was executive vice president & COO of the company. He joined the firm in April 2000 as senior vice president of sales and marketing.