Calhoun, GA, July 21--Mohawk Industries, Inc. announced it has entered an agreement with W. L. Ross & Company to acquire the assets and assume certain liabilities of the carpet division of Burlington Industries, Inc. (Lees Carpet).
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Morris-Township, NJ, July 17--Honeywell International on Thursday reported a 30 percent drop in second-quarter profit as its commercial aerospace business continued to slump and pension, administrative and product development costs all rose.
Calhoun, GA, July 16--Mohawk Industries, Inc. today announced diluted earnings per share (EPS) and net earnings for the second quarter of 2003 with a second quarter record EPS of $1.12 per share or $74,985,000 in net earnings.
Miami Beach, FL, July 16--Trade Show International's Skip Mason and Michael Coburn have announced a new marketing event, the PanAmerican Stone and Tile Expo. It will be held March 30 to April 1, 2004 at the Miami Beach Convention Center.
Chicago, IL, July 15--NeoCon World's Trade Fair attracted more than 41,000 registrants to The Merchandise Mart, June 16-18.
Clinton, SC--Jeff Sills, President of LDBrinkman, has resigned that position to accept the position of Chief Operating Officer of Anderson Hardwood Floors as of August 1.
Alexandria, VA, July 8--The Board of Governors of Coverings has announced the appointment of National Trade Productions (NTP) as the new management company for Coverings
Charlotte, NC, July 9--Five months after legendary investor Warren Buffett flirted with buying Burlington Industries Inc., the Greensboro-based textile giant is on the verge of being sold, according to the Charlotte Observer.
Frankenthal, Germany, July 8--Tarkett Sommer today announced that its offer and take over bid circular for Domco have been mailed to shareholders of Domco on Friday July 4.
New York, NY, July 7--Massive fiscal stimulus, in the form of tax cuts, and improving business profits should lead to a long awaited economic rebound in the second half of the year, according to 54 economists surveyed by The Wall Street Journal.