Armstrong World Industries Inc. -- the chief operating subsidiary of Armstrong Holdings Inc., which filed for Chapter 11 reorganization last December -- has reduced the amount of its post-filing "debtor-in-possession" credit facility to $200 million from $300 million.
Students from 25 elementary schools, located in three states where Beaulieu of America has manufacturing facilities, were awarded Barbara Bush Education Prizes at school commencement ceremonies in May and June.
Floor Decor Inc., a south Florida big-box flooring retailer headed by former Maxim Group CEO A. J. Nassar, has appointed three new members to the company’s board of directors.
U.S. construction spending posted a modest rise in April, its sixth consecutive monthly gain, to hit yet another record high on a climb in residential construction, according to a government report.
Home Depot Inc. will continue to boost sales and take advantage of opportunities to expand its market share -- in part, through services such as carpet installation -- President and CEO Robert Nardelli told shareholders Wednesday.
The value of new construction contracts in the United States rose 3% in April, supported largely by increases in spending on public buildings and a small jump in contracts for new residential housing, according to F.W. Dodge, a building research division of publisher McGraw-Hill.
The Conference Board's Consumer Confidence
Index, which declined in April, snapped back in May. The Index now stands
at 115.5 (1985=100), up from 109.9 in April.
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