Las Vegas Market Receives Award
Las Vegas, April 26, 2006--2005 was a good year to launch trade and consumer shows, as exemplified by the just-announced winners of EXPO’s 2006 Best New Show Awards.
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.
FTC OKs Mohawk/DuPont Temporary Fiber Designation
Washington, DC, April 26, 2006--The Federal Trade Commission granted Mohawk Industries Inc., Dupont Co. and PTT Poly Canada a temporary alphanumeric designation for a new fiber product they have created.
Faus Group Acquired by Top Management
Valencia, Spain, April 26, 2006--Faus Group announced today that the company has been bought by the top Faus management, led by Juan Negre, chairman and CEO of Faus Group, in conjunction with a financial group and an investment group from Spain.
UK’s Carpetright Sees Return of Household Spending
London, England, April 26, 2006--Carpetright, the country's biggest seller of floor coverings, has become the first major retailer to call an end to the downturn in household spending.
Mortgage Application Volume Down
Washington, DC, April 26, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 21.
Polished Concrete Becoming Popular
Yucaipa, CA, April 26, 2006--Imagine a smooth, high-luster floor that is durable enough in a warehouse for foot traffic to heavy forklifts and yet shiny, clean, and professional enough for office buildings, hotels, and restaurants.
Propex Closing Seneca SC Plant
Seneca, SC, April 26, 2000--Propex announced the closure of its plant in Seneca, along with plans to relocate some of the jobs and equipment to its Ringgold, Ga., facility near Chattanooga, Tenn.
Supreme Court Hears Mohawk/RICO Case
Washington, DC, April 27, 2006--Listening yesterday to early arguments in a case that could profoundly affect illegal immigration as well as corporate legal accountability, the U.S. Supreme Court began weighing the Mohawk Industries case.
Wellman Reports 4Q Loss
Fort Mill, SC, April 26, 2006--Wellman Inc., a maker of polyester fiber and products, said on Tuesday it incurred a quarterly loss amid a surge in resin and polyester imports.
Pergo’s Q1 Earnings Up
Trelleborg, Sweden, April 26, 2006--Pergo in the first quarter of 2006 reported net sales that increased by 8% to SEK 768 million (US$102.5m), verses SEK 713 million (US$94.9m).