Interface Gets Noncompliance Waiver Extended To De
Atlanta, GA, Dec. 3, 2002 -- Interface Inc. said that the lenders under its revolving credit facility have agreed to extend a waiver of noncompliance to Dec. 13 from Dec. 2.
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.
Strong Thanksgiving Sales Provide Hope
Chicago, IL, Dec. 3, 2002--Wal-Mart Stores Inc.
UCB To Buy Solutia’s Specialty Chemicals Business
Brussels, BELGIUM, Dec. 3, 2002--Belgian drug and chemicals company UCB
Housing Starts Down
Washington, DC, Nov. 20--Housing construction lost momentum in October, dropping 11.4%, the biggest drop since 1994.
Stainmaster Hits Top Ten
Atlanta, GA, Dec 3, 2002--DuPont Stainmaster’s crying baby commercial was recently rated seventh in the Top Ten Most Effective Ads by Intermedia Advertising Group during the weeks of September 16, 23 and 29.
Burke Industries Emerges From Reorganization
San Jose, CA, Nov. 19--Resilient and rubber flooring manufacturer Burke Industries has completed its reorganization plan to emerge from Chapter 11 bankruptcy
Construction Spending Rises
Washington, DC, Dec. 2--Construction spending edged up 0.3% in October with the strength centered in a big gain in construction of schools, hospitals and other commercial buildings.
Burlington Industries Has Loss
Greensboro, NC, Nov. 21--Burlington Industries completed its fiscal year on September 28. For the fourth quarter, the company reported after tax earnings of $36.1 million
Consumer Spending Increases
Washington, DC, Nov. 27--Consumers rebounded from a September slump, increasing spending by a solid 0.4% in October.
Remodeling Activity Off
Washington, DC, Nov. 18--Home owners took a breather in the third quarter from the flurry of remodeling activity that marked the first half of the year