Feltex Under Fire Over Silence
Wellington, New Zealand, June 30, 2006--Feltex's board is under fire for keeping shareholders in the dark as they await news on a potential lifeline for the troubled carpet maker that is likely to dilute their stakes.
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.
European Patent Office Grants 'Small Strips
Viken, Sweden, June 28, 2006--The European Patent Office has granted a patent protecting so-called "Small Strips" to Välinge Innovation.
Mohawk Intros Passport Collection
Sugar Valley, June 28, 2006--Mohawk Select’s Summer introductions promise to help dealers move even more rugs out of their stores.
Tarkett to Close Brookneal Virginia Plant
Brookneal, VA, June 27, 2006--Brookneal’s second largest employer, Tarkett Wood Inc., is shutting its doors at the end of August, leaving 50 people without work.
Higher Monthly Costs a Barrier to Homeownership
Washington, DC, June 27, 2006--One out of three Americans worries that rising monthly payments--especially property taxes and energy costs--will force them to sell their home and buy a less expensive one.
Steelcase 1Q Earnings Up
Grand Rapids, MI, June 26, 2006--Steelcase said Monday its first-quarter profit more than doubled on higher sales and lower restructuring costs.
72% of Homes Have Web Broadband
New York, NY, June 23, 2006-- Nielsen//NetRatings announced today that nearly three-quarters of U.S. active Web users were connected at home via broadband in May, growing 15 percentage points over a year ago.
Durable Goods Orders Off in May
Washington, DC, June 23, 2006--Led by a big drop in orders for aircraft, U.S.-made durable goods fell 0.3% in May, the second decline in a row, according to the Commerce Department.
Edge Flooring Enters German Home Improvement Secto
Dalton, GA, June 21, 2006--Edge Flooring announced its expansion into the German marketplace with new retail customer, Max Bahr.
Anso Nylon Celebrates 15 Years of Crossbond Techno
Dalton, GA, June 21, 2006--Anso nylon, a premium brand of Shaw Industries External Fiber Sales and Marketing, announced the 15-year anniversary of its revolutionary and patented CrossBond fiber technology today.