Despite increasing job losses and uncertainty fueled by the Sept. 11 terrorist attacks on the United States, consumer confidence unexpectedly rebounded in October for the first time in four months, according to a report released by the University of Michigan.
Interface Inc. has announced that it will record a pre-tax restructuring charge in the third quarter of 2001 of approximately $60 million ($0.80 per diluted share after tax) primarily attributable to the rationalization of worldwide broadloom and U.S. access flooring businesses.
Witex USA Inc. has announced that three major distribution companies -- The Roane Co., Swiff-Train Co. and New England Surfaces -- have signed on to handle the Witex product line.