Lumber Liquidators to pay regulators $33M to settle flooring scandal

The United States Department of Justice & the Securities & Exchange Commission announced the settlement. The ruling comes four years after the company was allegedly caught selling laminate flooring that contained high levels of formaldehyde. Lumber Liquidators Inc. (Lumber), a Virginia-based hardwood flooring retail company, …

Atlas Copco acquires Woodward Compressor Sales to support US customers

Woodward has five decades of experience in parts supply and providing service and technical support for several compressor brands Reports indicate that Sweden based industrial tools and equipment manufacturer, Atlas Copco, has recently concluded the acquisition of Woodward Compressor Sales, a leading distributor of air …