Congoleum Gets Agreement on New Plan
Mercerville, NJ, September 7, 2006--Congoleum Corp., reported today that the official committee representing its bondholders has reached an agreement in principle.
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.
Tarkett Earnings Up in 1st Half
Frankenthal, Germany, September 7, 2006--In the first half of 2006 Tarkett reported EBITA of EUR 52.3 million ($US66.5 million), an increase of 22.8 % compared to the EUR 42.6 million ($US54.2 million) achieved in the comparable period 2005.
Mohawk Names New CFO and Controller
Washington, DC, September 6, 2006--Mohawk Industries, according to its filing with the Securities and Exchange Commission, named Thomas J. Kanuk to the post of chief accounting officer and corporate controller.
Fire at Shaw's Dalton Plant
Dalton, GA, September 4, 2006--A fire broke out at Shaw Industries Plant WD at 2305 Lakeland Road Saturday around 6 p.m.
Consumer Sentiment Up at End of August
Ann Arbor, MI, September 1, 2006--Consumer sentiment improved in late August, according to media reports of proprietary research from the University of Michigan.
Jobs Up, Unemployment Down 0.1%
Washington, Dc, September 1, 2006--Nonfarm payrolls in August grew by 128,000, according to the Labor Department said Friday. The unemployment rate inched lower to 4.7% in August from 4.8% in July.
Bridger Resigns as Tandus CEO
Dalton, GA, September 1, 2006--Tandus Group, Inc., announced today that its board of directors has accepted the resignation of Edgar "Mac" Bridger from the boards of Tandus and C&A Floorcoverings, effective August 31, 2006.
Great Floors to Add Another Location
Lacey, WA, September 1, 2006--Flooring retailer Great Floors expects to break ground on a 48,000-square-foot store in the next 30 days, a branch manager said Thursday.
Clement New VP Sales & Marketing Tarkett Residenti
Whitehall, PA, September 1, 2006--Tarkett announces the appointment of Guillaume Clement to the newly created position of Vice President of Marketing & Sales, Residential North America.
Retailers Report Mixed Results in August
New York, NY, August 30, 2006--The nation’s major retailers reported results for August; the winners included Wal-Mart and Federated Department Stores. J.C. Penney Co., was among the big disappointments and Gap Inc., again struggled with its fashions.