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.
Baar, Switzerland, April 13, 2010--Forbo has sold most of its shares in Rieter to Artemis Beteiligungen IV AG, owned by Michael Pieper and now owns less than three percent of the textile machinery supplier.
Washington, DC, April 12, 2010--The American Society of Interior Designers has announced the six recipients of the annual ASID Awards.
Dalton, GA, April 13, 2010--Mohawk is testing its SmartStrand carpet fiber at the Family Circle Cup Women’s Tennis Tournament held in Charleston and Daniel Island, S.C.
St. Louis, MO, April 13, 2010--Attendance was up more than 3% for the NWFA’s 2010 Wood Flooring Expo and Education Conference held March 22 - 24 in Washington, D.C., the association said.
Calhoun, GA, April 13, 2010--Mohawk Industries said it has closed its tender offer to purchase up to $200,000,000 of its outstanding 6.50% senior notes due 2011.
Dalton, GA, April 12, 2010--Shaw Industries said it is re-structuring the company’s Tuftex of California brand and has named Bob Burton divisional vice president of Tuftex product management and marketing.
New York, NY, April 12, 2010--Stifel Nicolaus analyst John Baugh said multiple sources have confirmed that the residential carpet business has taken a turn for the positive in recent weeks, likely due to increased spending on remodeling.
Calhoun, GA, April 12, 2010--Mohawk Industries agreed to an $18 million settlement with former and current hourly employees who accused the carpet and flooring maker of using undocumented workers to depress wages.
Dalton, GA, April 12, 2010--The Carpet and Rug Institute has made changes to its vacuum testing program.
New York, NY, April 12, 2010--A survey of economists by the Associated Press released Monday describes an economic recovery that will move slowly this year and next.