Mohawk Names Nova Scotia Firm Dealer of Year
Washington, DC, March 3, 2009--Mohawk Industries has named Taylor Flooring of Halifax, Nova Scotia, as the 2008 Mohawk ColorCenter North American Dealer of the Year.
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.
Congoleum Bankruptcy Case in Jeopardy After Ruling
New York, NY, March 3, 2009--A U.S. bankruptcy judge has rejected a reorganization plan from Congoleum Corp and dismissed its Chapter 11 bankruptcy case.
Tarkett Buys Brazilian Resilient Firm
Paris, France, March 3, 2009--Tarkett has reached an agreement with the Etex Group on the purchase of Fademac, a Brazilian Etex Group affiliate specializing in resilient floorcovering.
Karastan's Shag Featured in Oscars Greenroom
Dalton, GA, March 3, 2009—While the 81st Academy Awards took place on stage, the most popular place backstage is Architectural Digest’s Greenroom—a luxurious area where stars can relax while they wait to go onstage.
Chain Store Sales Fall Final Week of February
New York, NY, March 3, 2009--The ICSC-Goldman Sachs survey reported that chain store sales fell by an annual pace of 0.8%, matching the previous week's decline, the week ending Feb. 28.
Malaysian Firm Sees Vinyl Floor Sales Rising
Bukit Mertajam, Malaysia, March 3, 2009--Tek Seng Holdings expects sales of its PVC flooring products to pick up in the current quarter ending March 31.
Consumer Spending Reverses Trend, Rises in January
Washington, DC, March 2, 2009--Consumer spending rose in January after falling for a record six straight months, on increased purchases of food and other nondurable items.
Shaw Reports '08 Pre-Tax Earnings of $205 Million
Omaha, NE, March 2, 2009--Shaw Industries pre-tax earnings declined 53% or $231 million to $205 million in 2008, due to both lower sales volume and higher product costs.
Purchasing Managers Index Rises Unexpectedly
Washington, DC, March 2, 2009--U.S. manufacturers said business deteriorated again in February for the 13th consecutive month, but the pace of the decline didn't accelerate as expected.
Construction Spending Down in January
Washington, DC, March 2, 2009--U.S. construction spending declined in January, falling by 2.2% month-over-month, according to the U.S. Department of Commerce