Formica Moving Headquarters To Cincinnati
Cincinnati, OH, Sept. 30--Formica Corporation today announced that it is relocating its global headquarters from Warren, New Jersey to an as-yet-undetermined site in the Greater Cincinnati area.
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.
Wal-Mart Announces Expansion Plans and Reaffirms E
Bentonville, Sept. 30--Wal-Mart Stores, Inc. announced the continuation of its aggressive unit growth for the fiscal year beginning February 1, 2004.
Mohawk Releases Dealer Meeting Schedule
Dalton, GA, Sept. 29--Earlier this year, Mohawk Industries announced that instead of attending Surfaces 2004, it would instead expand the number of regional dealer meetings.
GDP Revised Up, Spending Strong
Washington, DC, Sept. 26--Healthy consumer spending nudged U.S. economic growth ahead at a slightly faster second-quarter pace than previously thought, the Commerce Department said on Friday.
Existing Home Sales Break Record Again
Washington, Sept. 25--Sales of existing single-family homes set a second consecutive monthly record in August on the heels of record-low interest rates in June.
Formica Files Reorganization Plan
Warren, NJ, Sept. 24--Formica Corporation has filed its Plan of Reorganization and Disclosure Statement with the United States Bankruptcy Court for the Southern District of New York.
Columbia Announces Price Increase
Danville, VA, Sept. 22--Columbia Flooring today announced the company will institute a price increase of up to 10 percent on its 3/4" prefinished solid oakhardwood flooring products.
Judge Grants Armstrong Six Month Extension
Lancaster, PA, Sept. 18--A federal bankruptcy judge has agreed to extend the time for Armstrong World Industries to propose a reorganization plan,
Housing Starts Drop
Washington, DC, Sept. 17--Home building activity dropped off in August from a 17 year high in July, showing a cooling in the red-hot U.S. housing sector.
Columbia Acquires Millwood Specialty Flooring
Danville, VA, Sept. 16--Columbia Flooring today announced that it has completed the purchase of Millwood Specialty Flooring Inc., a manufacturer of unfinished 3/4" solid hardwood flooring, located in Ellijay, GA.