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.
Lancaster, PA, May 28--Due to significant increases in key raw materials, as well as higher energy and transportation costs, Armstrong Floor Products is announcing a four to six percent price increase on selected residential and commercial vinyl sheet flo
Trelleborg, Sweden, May 27—Pergo said today that as it had announced earlier, the Court of Appeal for the Federal Circuit in the United States has affirmed the ruling from the US International Trade Commission (ITC) from March 2002.
Washington, DC, May 26--Demand for longer-lasting manufactured goods took its biggest tumble in a year and a half during April following big back-to-back increases.
Aulkland, New Zealand, May 25--Feltex Carpets yesterday priced its $254 million share offer at the bottom end of expectations as New Zealand's biggest issue in five years drew a lukewarm response from institutions.
Amsterdam, Netherlands, May 24--The U.S. energy secretary said that Saudi Arabia has assured Washington it will supply up to two million barrels a day in additional crude oil if the market demands it.
New York, NY, May 20--Analysts at Morgan Keegan reiterate their "outperform" rating on Mohawk Industries Inc, while raising their estimates for the company.
Calhoun, GA, May 19--Mohawk Industries, Inc.today announced the promotion of Jeffrey S. Lorberbaum, President and CEO, to Chairman of the Board with the resignation of David L. Kolb from the Chairman position.
Newark, NJ, May 18--A federal judge was removed from three of the five bankruptcy cases he had been overseeing involving companies sued by people exposed to asbestos.
Washington, DC, May 14--U.S. industrial production rose 0.8 percent in April--the seventh increase in the last eight months.
Washington, DC, May 12--An improving economy, low mortgage interest rates and a large underlying demand for housing kept total state existing-home sales near record levels in the first quarter.