Tarkett SA 2007 Revenues up Nearly 10 Percent
Paris, France, June 27, 2008--Tarkett SA said that in 2007 it increased revenues 9.6 percent to $3.27 billion
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.
Beaulieu Expanding Workforce in Alabama
Eufaula, AL, June 24, 2008—Beaulieu of America is adding workers to its carpet yarn plant in Eufaula.
Stimulus Checks Boost Incomes, Spending
Washington, DC, June 27, 2008--Federal economic stimulus payments boosted household finances in May, sending after-tax incomes up by the largest amount in 33 years, according to the Commerce Department.
Help Wanted Advertising Continues To Fall
New York, NY, June 27, 2008--The Conference Board Help-Wanted Advertising Index fell one point in May and is down 10 points from a year ago.
Consumer Sentiment Hits 28-Year Low
Ann Arbor, MI, June 27, 2008--Consumer sentiment grew more pessimistic in June, according to a survey released Friday by the University of Michigan and Reuters.
Tarkett Residential Raising Prices Up to 7 Percent
Farnham, Quebec, Canada, June 27, 2008--Tarkett Residential said it will increase prices from 2 to 7 percent on select resilient, laminate and LVT products beginning Aug. 1.
KB Home Losses Widen
Los Angeles, CA, June 27, 2008--KB Home, the nation's fifth largest home builder, posted a steeper quarterly loss on Friday as revenues fell.
Former Formica CEO Consulting for PE Firm
New York, NY, June 26, 2008--TowerBrook Capital Partners L.P., a New York and London-based private equity firm, has hired former Formica Corp. CEO Frank A. Riddick III as a consultant.
Capel Names Stoutnar Marketing Manager
roy, NC, June 27, 2008--Area rug company Capel Inc. has promoted Colleen Stoutnar to marketing manager.
Mohawk To Raise Hardwood Prices
Dalton, GA, June 26, 2008—Mohawk Industries has announced a price increase on select hardwood products ranging from 3 to 5 percent effective July 14.