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.
Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.
Cincinnati, July 28--Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company.
Midland, MI, July 28--Dow Chemical said its earnings nearly doubled in the second quarter as the company improved sales while keeping costs in check.
Atlanta, GA, July 28—-Georgia-Pacific posted second quarter net earnings that fell to $194 million, or $0.73 a share, compared with $220 million, or $0.84, earned in the year-ago quarter.
St. Louis, MO, July 28—-According to Martin Van Der Werf, a columnist at the St. Louis Post-Dispatch, ProSource Wholesale Floorcoverings, a unit of CCA Global Partners, announced 13 new franchise agreements.
Chicago, IL, July 28--StonePeak Ceramics, Inc., an American tile company that manufactures and markets high-quality porcelain ceramic tile for residential and commercial use, has signed distribution agreements with more than 30 distributors from around th
Atlanta, GA, July 28--Beazer Homes USA reported earnings in the third quarter that rose 89 percent to $112.7 million, or $2.50 per share, compared with $59.7 million, or $1.42 per share, a year before.
New York, July 28--The Conference Board’s Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – inched up in June.
Toronto, ON, July 27--Supra Floors Inc., a manufacturer of innovative flooring products, has appointed Taiga Forest Products Ltd. of Burnaby B.C. exclusive distributor in Canada of its Subflor Advance and Subflor Supreme flooring for concrete.
Riverside, CA, July 27--Fleetwood Enterprises plans to double its mobile-home manufacturing space in the Inland Empire by leasing a 96,550-square-foot factory on 13 1/2 acres in Perris.