NAFCD Management Conference Begins May 13
Chicago, March 24--The NAFCD Management Conference, "Business Theory Put into Practical Action," will be held May 13-15, 2005, on The Ohio State University campus in Columbus, Ohio.
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.
Sears, Kmart Deal Set for Clearance
Hoffman Estates, IL, March 24—-The pairing of rivals Sears and Kmart in their $11 billion merger is poised for final clearance today, four months after the proposal engineered by Kmart Chairman Edward Lampert was unveiled.
O’Sullivan Named Director of Invista Unit
Atlanta, GA, March 24--Invista Interiors Business appointed Diane O'Sullivan sales director, Commercial and Transportation, Flooring Division.
Recycler to Supply Recycled Backings to Interface
Tokyo, Japan, March 24--Refinverse Inc., a recycler of commercial-use carpet tiles, has formed an agreement to provide recycled backing materials to Interface Corp.
Asbestos Bill Reintroduced in House
Washington, DC, March 24--The Fairness in Asbestos Injury Resolution Act just keeps coming back from the dead.
Hardwood Veteran Opens Outlet in Kentucky
Bowling Green, KY, March 24--It sounds like an old Chinese proverb, but the reality could be thousands of dollars in repair or replacement costs for your premium Brazilian cherry hardwood flooring.
Consumer Prices Up 0.4%
Washington, DC, March 23--The consumer price index in February rose a seasonally adjusted 0.4 percent, according to the Labor Department.
CPSC & Hellenic Rug Announce Recall
Washington, DC, March 23--The Consumer Product Safety Commission and Hellenic have said that consumers should stop using Hellenic Rug Imports’ "Mazarakis Flokati 3A" and "Mazarakis Floco" white flokati rugs immediately unless otherwise instructed.
Mohawk's Rating Cut by Legg Mason on Raw Mater
New York, March 23—-Legg Mason analysts have cut their rating on Mohawk Industries Inc. to "hold" from "buy."
Goodfellow’s 2Q Earnings Off
Delson, Quebec, March 23--Goodfellow Inc., Canada’s largest distributor of hardwood flooring, saw its net profits fall in the fiscal second quarter on lower sales.