Funeral services were held yesterday for Paul D’huyvetter, 59 who died suddenly Friday, Nov. 15, at his office. He was senior vice president of Oriental Weavers USA and widely recognized as one of the leading executives in the U.S. rug industry.
Resilient flooring and commercial rubber goods manufacturer Burke Industries reports that the company has completed a successful reorganization from Chapter 11 Bankruptcy. The company had filed for protection under Chapter 11 in June of 2001.
The University of Michigan's preliminary November consumer
sentiment index rose to 85.0 from a final 80.6 in October, ending a five-month slide in sentiment.
Armstrong Holdings Inc.
(AHI) and Armstrong World Industries Inc. (AWI) announced recently that the New York Stock Exchange Inc. (NYSE) has determined to suspend trading and pursue
delisting AHI's common stock (and of AWI's 9.75 percent Debentures due April 15, 2008 and 7.45 percent Senior Quarterly Interest Bonds due October 15, 2038).
Pergo AB and the main shareholder of Witex AG, HW
Industries GmbH & Co. KG, have signed a letter of intent concerning a merger
between Pergo and Witex.