The gross domestic product (GDP) surged at a 7.2 percent
annual rate in the July-September period the Commerce Department has reported, marking the steepest climb since the first quarter of 1984 and more than double the second quarter's 3.3 percent rate.
Craig Lampe, Wanke Cascade vice president of sales and marketing, has announced his retirement, effective Nov. 1, after 33 years in the flooring industry.
Congoleum Corp. has finalized documents relating to its pre-packaged Chapter 11 plan of reorganization and mailed them to asbestos personal
injury claimants and other parties in interest.
The market for existing
single-family homes rose again in September and set a third consecutive monthly record, according to the National Association of Realtors (NAR).
Vincent Ferrante Jr., who worked as a carpet installer for his father's Travis-based Ideal Flooring Contractors business, died on the Staten Island ferry that crashed into a concrete pier Oct. 15.
Flexible Foam Products Inc., a member of the plastics division of Ohio Decorative Products (Ohio Dec), has announced the expansion of its national polyurethane foam carpet cushion operations by adding a new facility in northeastern Pennsylvania.
Columbia Flooring has reached an agreement with North Pacific Group (Nor Pac) to purchase its ownership
interest in Melbourne, Ark.-based Century Flooring, a manufacturer of prefinished solid hardwood flooring.