Crossville Names Mike Sellers to New Position
Crossville, TN, May 13--Crossville, Inc. has named Mike Sellers to the newly created position of Technical Services Administrator.
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.
Foamex Posts $10.9M Loss in 1Q
Linwood, PA, May 13--Foamex International reported a net loss in the first quarter of 2005 of $10.9 million, or $0.44 per diluted share.
Fundamentals Postive in the Commercial Real Estate
Washington, DC, May 13--The four major sectors of the commercial real estate market – office, retail, industrial and multifamily –can expect improvement over the next two years.
Collins & Aikman Hit by Liquidity Issues, CEO Out
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
TCNA Members Collaborate to Create Award
Clemson, SC, May 16--Four Tile Council of North America (TCNA) members and an Ohio master craftsman contributed time and materials to create a one-of-a-kind commemorative Tile Person of the Year award.
Asbestos Bill Gaining Momentum
Washington, DC, May 13--The outlook for a Senate bill that would remove asbestos litigation from the courts improved Thursday after two days of committee action clinched a crucial Democratic vote.
Turkey, the World’s Carpet Repair Capital
Sultanhany, Turkey, May 12--Worn-out antique carpets from the United States, Germany, England, France and Italy find new life in the Aksaray district of Sultanhany, Turkey.
Wal-Mart 1Q Earnings Up, Miss Estimates
Bentonville, AR, May 12--Wal-Mart Stores reported a 14 percent increase in first-quarter earnings, but the results missed Wall Street estimates.
Rug Designer Featured on TV
Chicago, IL, May 12--Jerry Krull, owner and lead designer of Aspen Carpet Designs in Mokena, IL, is featured on a national cable television program this month.
Ulf Mattsson Named Molnlycke Health Care CEO
Göteborg, Sweden, May 12--Molnlycke Health Care, a manufacturer, marketer of single-use products for surgical interventions and wound care, has named Ulf Mattsson CEO.