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.
New York, NY, February 22, 2008--Solutia's three bankruptcy lenders decided independently to pull out of a commitment to fund the company's $2 billion exit loan based on credit market conditions, a lawyer for the lenders said in court.
Dalton, GA, February 22, 2008—Robert Peoples, executive director of the Carpet America Recovery Effort, has accepted a new position as executive director of the Green Chemistry Institute of the American Chemical Society.
Farnham, Quebec, Canada, February 22, 2008--Tarkett Residential said it will increase prices for its residential resilient.
Nashville, TN, February 22, 2008--The more factual information women know about carpet, the more likely they are to buy it, two focus groups in Nashville hinted last week.
Orlando, FL, February 22, 2008-- Mohawk Industries named House of Floors of Albuqerque, N.M. as the 2007 National Dealer of the Year.
Washington, DC, February 22, 2008--The Conference Board said that despite continuing problems in the housing and financial markets, a U.S. recession is not imminent.
Neumarkt, Germany, February 22, 2008-- Pfleiderer AG CEO Hans Overdiek said he is ``more cautious'' on its profit outlook in the face of a possible U.S. recession.
Saddlebrook, NJ, February 21, 2008--Twenty carpet collections from Nourison have received Green Label certification from the Carpet and Rug Institute.
Atlanta, GA, February 21, 2008--Interface Inc. said it had record operating income in the fourth quarter, rising 31.9 percent to $39.4 million, on the strength of its modular carpet business.
Washington, DC, February 21, 2008--Commercial real estate market activity is expected to decline moderately in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors.