Mike Klingele was recently elected president of Diamond W. Floor Covering. Klingele succeeds Dennis Parks who recently resigned to pursue other interests.
A recently released survey commissioned by Home Depot found that many American homeowners would spend extra money received from President Bush’s tax plan on home improvement projects.
Burke Industries Inc. recently filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey.
Despite slowing economic conditions, existing single-family home sales rose in May, according to the National Association of Realtors. Existing home sales increased 2.9 percent in May.
USG Corporation recently filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company wanted to better manage the growing asbestos litigation costs of its United States Gypsum Company subsidiary and to resolve asbestos claims.
Columbia Flooring has entered into an agreement to sell its Thomasville, N. C., laminate manufacturing facility to Unilin Industries NV of Belgium. The transaction is expected to close during the third quarter of this year.
Burlington Industries recently announced the sale of Bacova, its decorative mats business, to Ronile Inc. The companies expect the sale to close by the end of June.
The Conference Board reported that the Composite Index of Leading Economic Indicators rose 0.5% in May, following a 0.1% rise in April. Some analysts have concluded that the U.S. economy is on the way to recovery.
U.S. housing starts fell slightly in May as the housing market showed further signs of easing off its torrid pace, the U.S. Commerce Department reported.
Lees Carpets, a division of Burlington Industries Inc., won several awards at the NeoCon World's Trade Fair 2001 commercial furnishings exhibition at the Merchandise Mart in Chicago.
RSS