Moody's Raises Rating on Mohawk
New York, NY, March 12, 2012 -- Moody's Investors Service raised its ratings outlook for Mohawk to positive from stable.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
UK's Headlam Reports Record Sales
London, England, March 12, 2012 -- UK Floorcovering firm Headlam said it recorded its highest level of sales ever last year as it took market share from rivals.
Employment Picture Continues To Improve
Washington, DC, March 9, 2012 -- Employers created 227,000 jobs in February and more people found work in the prior two months than previously reported, according to the Labor Department.
Tarkett Reports Higher Sales in 2011
Paris, France, March 9, 2012 -- Tarkett said that net sales grew by 8.8% in 2011 over 2010 to $2.77 billion.
Armstrong Raising Some Prices in May
Lancaster, PA, March 9, 2012 -- Armstrong said it will raise prices in the U.S. and Canada 3-8% on commercial wallbase products, and select flooring adhesives and floor care products effective with shipments on May 7.
Dutch Hardwood Maker To Enter U.S. Market
Amsterdam, The Netherlands, March 9, 2012 -- Dutch hardwood manufacturer Bolefloor is entering the U.S. market, featuring planks that have curves instead of the usual straight edges, according to the Los Angeles Times.
Staticworx Named To Fast-Growing List
Watertown, MA. March 9, 2012 -- Staticworx, a producer of anti-static flooring products, has once again made The Boston Business Journal’s “Pacesetters” list of fast-growing privately held companies.
Multifamily Remains Bright Spot in Housing
Washington, DC, March 9, 2012 -- The National Association of Home Builders' Multifamily Production Index (MPI) showed steady improvement in the apartment and condominium housing market for a sixth consecutive quarter, NAHB said.
Washington State Flooring Industry Gathers
Lynwood, WA, March 9, 2012 -- The Washington State Floor Covering Association held a market at the Lynwood Convention Center on Feb. 29 for dealers, designers, installers, builders and inspectors.
Wholesale Inventores Rise in January
Washington, DC, March 9, 2012 -- Wholesale inventories rose 0.4% in January, the Commerce Department said Friday.