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.
New York, NY, May 24--Standard & Poor's Ratings Services said today that it raised its corporate credit and unsecured debt ratings on floorcoverings giant Mohawk Industries Inc. to 'BBB+' from 'BBB'. The outlook for the Calhoun, GA-bas
Chattanooga, TN, May 21--A Chattanooga maker of foam used in bedding, furniture and carpet backing is embarking on a nearly $3 million expansion and swelling its work force by up to 30 employees, according to the Chattanooga Times/Free Press.
Washington, DC, May 21--An unexpected quickening in the pace of price increases in the past two months is challenging the Federal Reserve's plan to raise short-term interest rates only slowly from today's 46-year lows.
Atlanta, GA, May 21--After three years struggling to fill rooms, the national hotel industry is expected to recover lost business and recoup lost revenue in 2004, according to the Atlanta Journal-Constitution.
Washington, DC, May 21, 2004 - Strong condo demand and signs that the rental apartment market finally is emerging from its slump fueled the confidence of multifamily builders in the first quarter of this year, according to the National Association of Home
Chattanooga, TN, May 20--Invista, a nylon and Lycra manufacturer, will cut at least 175 employees at its North Access Road plant in Hixson, company officials said, according to the Chattanooga Times/Free Press.
New York, NY, May 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators increased 0.1% in April, following a 0.8% increase in March and no change in February.
Holland, MI, May 20--Puzzles are known to give people headaches. Straining to visualize the final picture, people spend hours fitting the pieces, according to the Holland Sentinel.
Lancaster, PA., May 20 -- Armstrong Flooring’s 2004 spring laminate launch promises to drive consumer demand at multiple price points with dramatic, new designs and two new collections.
Tatabanya, Hungary, May 20--Plastics maker Grabofloor finished a HUF 1.5bn (EUR 5.9m) project on Tuesday, boosting PVC production capacity from 12m square metres a year to around 19m square metres, the company announced.