Armstrong 3Q Earnings Off
Lancaster, PA, October 30, 2006--Armstrong World Industries reported third quarter net earnings of $39.2 million, down from $46.1 million in the year-ago period.
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New Director Leaves Armstrong Board
Lancaster, PA, October 27, 2006--A director of the recently reorganized Armstrong World Industries has resigned from the company's board after only three weeks of service, according to a filing with the Securities & Exchange Commission.
Mohawk 3Q Earnings Up 10%
Calhoun, GA, October 26, 2006--Mohawk Industries in the third quarter reported net earnings of $127.7 million and earnings per share (EPS) of $1.88, both of which were up 10% above last year.
New Home Sales Up in September
Washington, DC, October 26, 2006--Sales of new homes in September unexpectedly rose 5.3% to a seasonally adjusted annual rate of 1.075 million, according to the Commerce Department.
Shaw Closing Alabama Yarn Plant
Scottsboro, AL, October 26, 2006--The Grace Plant, which is part of Shaw Industry’s operations at Stevenson, will close, according to Julius Shaw, executive vice president of the company.
Mohawk Earnings - continued
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Pergo Posts 3Q Loss
Trelleborg, Sweden, October 25, 2006--Pergo in the third quarter reported a loss of SEK -47 million, (US$6.4M) vs. profit of SEK 18 million, (US$2.5M) on sales of SEK 683 million, (US$93.3M), vs. SEK 769 million, (US$105.1M).
Shaw's Carpet Tile Facility Receives ISO 14001
Dalton, GA, October 25, 2006--Shaw Industries' carpet tile manufacturing facility in Cartersville, Georgia recently received ISO 14001 certification.
Existing Home Sales Off 1.9%
Washington, DC, October 25, 2006-- Existing-home sales eased last month, as did the number of homes available for sale-indicating the housing market is stabilizing, according to the National Association of Realtors.
Interface 3Q Earnings Up
Atlanta, GA, October 25, 2006--Interface, Inc. in the third quarter reported sales that increased 18.4% to $270.6 million from $228.5 million in the third quarter of 2005.