Pennington Hardwoods Changes Its Focus
Sellersburg, IN, July 12--Growth has pushed Pennington Hardwoods into a new 15,000-square-foot building. Pennington can sell his fine woods to local people again, according to the Louisville Courier Journal.
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.
Pergo Signs New Credit Facility Agreements
Trelleborg, Sweden, July 12--Pergo said this morning that it has signed a new long-term credit facility agreements with Swedbank (FöreningsSparbanken AB (publ)), HSH Nordbank AG, Copenhagen Branch, and Nordea Bank AB.
Table of June Retail Sales
New York, NY, July 9—Yesterday a host of the nation’s largest retailers reported their sales results for June. Listed below are June sales and sales for the fiscal year to date reported those leading retailers.
FieldTurf Looking Toward IPO
New York, July 8—According to CNN/Money, NFL greats Troy Aikman and Warren Moon never played on it, but they each have a piece of it, and you may be able to buy in soon too.
UBS Reiterates Mohawk’s Buy Rating
New York, NY, July 9-- In a research note published yesterday, analysts at UBS reiterate their "buy" rating on Mohawk. The target price has been raised from $98 to $100.
Wholesale Inventories Rise
Washington, DC, July 9--Wholesale inventories ballooned in May as stockpiles of durable goods racked up the biggest gain in over four years.
EPA Says DuPont Violated Reporting Rules
Washington, DC, July 8--The U.S. Environmental Protection Agency accused DuPont & Co. (DD) of violating federal reporting requirements related to the potential health risks of a chemical used in the manufacture of Teflon.
UK’s Floors 2 Go Sales Up 224%
Birmington, England, July 9--Sales at the UK's largest retailer of hardwood and laminate flooring products Floors 2 Go, were up 224 per cent in the first six months of this year.
Collins & Aikman Sees 2nd Quarter Profit
Troy, MI, July 9—Automotive carpetmaker Collins & Aikman Corp., said it expects to post a second-quarter operating profit of $21 million to $27 million after restructuring costs.
Minuteman and Hako-Werke to Merge
Addison, IL, July 9-- Minuteman International, Inc. the floor-care equipment and chemical manufacturer, announced today that it has entered into a definitive merger agreement with Hako-Werke International.