Feltex Under Fire from Godfrey Hearst for 2H Resul
Auckland, New Zealand, February 22, 2006--Struggling carpet maker Feltex made a $12 million interim loss and has come under stinging attack from rival and shareholder Godfrey Hirst.
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.
Pakistan’s Carpet Industry Attracts Chinese
Lahore, Pakistan, February 22, 2006--The vice-governor of Qinghai province of China, Lou Yulin, has said the handmade carpet industry of Pakistan has a lot of scope for Chinese entrepreneurs who could win the global market once the two countries join hand
Dow Touts Polyurethane Backing for Healthcare
Dalton, GA, February 21, 2006--For a healthy floor, the Dow Chemical Company prescribes carpet backed with its high-performance polyurethane technology. Healthcare facilities demand flooring that can handle a host of specific issues from hygiene to durabi
Federated Names Anne MacDonald Chief Marketing Off
Cincinnati, OH, February 21, 2006--Federated Department Stores today announced that Anne MacDonald will join the company as its chief marketing officer and president of the Macy's corporate marketing division.
New Mat Said to Stop 80% of Household Dirt
Newport, MI, February 21, 2006--One of life's constant struggles -- keeping carpets, rugs and floors clean -- may now be a thing of the past thanks to an innovative new floor mat system that keeps the dirt outside.
Raftery Named DFS Commercial President
Foster City, CA, February 21, 2006--Commercial flooring products and services company DFS Commercial, Inc., announced the appointment of Tim Raftery as president.
Leading Indicators Up Sharply in January
New York NY, February 21, 2006--The Conference Board announced today that the U.S. leading index increased 1.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.7 percent in January.
Tennant’s Q4 Earnings Up
Minneapolis, MN, February 21, 2006--Tennant Company reported net earnings of $6.4 million, or $0.70 per diluted share, on net sales of $152 million for its fourth quarter ended December 31, 2005.
Manpower Sees Employee Talent Shortage
Zurich, Switzerland, February 21, 2006--Employers are having difficulty finding the right people to fill jobs despite high unemployment in Europe and the United States, a survey by U.S.-based staffing firm Manpower showed on Tuesday.
Federated 4Q Earnings Up
Cincinnati, OH, February 21, 2006--Federated Department Stores reported fourth-quarter net earnings were up 59 percent, aided by the acquisition of May Department Stores.