Report: Ford to Drop 1,700 Suppliers
Frankfurt, Germany, January 23, 2006--Ford Motor Co., intends to cut the number of its suppliers around the world to around 800 over the next few years from about 2,500 now.
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.
Mannington Commercial Intros Baracoa, Modular and
Calhoun, GA, January 2006--Mannington Commercial introduces the highÂperformance textured loop carpet, Baracoa, available in modular and broadloom.
Florida Retailer Opens New Store
Bonita Springs, FL--The new Taylor Carpet One store that opened its doors this past week will be managed by a man who grew up in the carpet business.
Kathy Ireland eyes Malaysia and Other Asian Market
Frankfurt, Germany, January 23, 2006--One of America’s most profiled suppliers of consumer products, including furniture, flooring, lighting, window coverings, beddings and socks, is now eyeing new markets in Asia, including Malaysia.
Consumer Spending Online Off to a Strong Start in
Reston, VA, January 23, 2006--ComScore Networks released year-to-date consumer spending figures, which showed that online non-travel spending is up 33 percent for the first three weeks in January 2006.
Sherwin-Williams Hikes 2005 Sales and Earnings For
Cleveland, OH, January 20, 2006--Sherwin-Williams Co., raised its fourth-quarter earnings forecast on better-than-expected sales, sending its shares up more than 4 percent.
Jordan Kane Announces Reverse Split
Hopewell Junction, NY, January 20, 2006--The Jordan Kane company announced that shareholders have approved a 1-for-100 reverse stock split taking effect on January 20, 2006.
Coverall Cleaning Opens Regional Center in Calgary
Calgary, Alberta, January 20, 2006--Coverall Cleaning Concepts announced the opening of a new Master Regional Support Center in Calgary.
Federated to Close 5 Distribution Centers
Cincinnati, OH, January 20, 2006--Federated Department Stores Inc., said Thursday it will close five distribution centers, affecting up to 750 jobs.
Mirage Wins 2006 Home Magazine Award
Saint-Georges, Quebec, January 20, 2006-- Prefinished hardwood flooring producer Mirage, announced that its Merlot, Java and Sambuca stains have been selected as winners of Home Magazine's 2006 American Building Product Award.