Patcraft Commercial Carpet Unveils Pinstripe Tile
Dalton, GA, August 16--Bold graphic stripes and a visual color texture combine to create Pinstripe Tile’s stylized geometry, a new product from Patcraft Commercial Carpet.
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.
Propex Fabrics Reports 2Q Results
Austell, GA, August 16--Propex Fabrics reported total net revenue that increased $10.3 million, or 6.5%, from $157.8 million in the second quarter of 2004 to $168.1 million in the three months ended June 30, 2005.
Hunter Douglas Forms Horizontal Blinds Division
Upper Saddle River, NJ, August 16--Hunter Douglas has formed the Hunter Douglas Horizontal Blinds Division, headed by Bob Kopf.
Housing Starts Slip 0.1% in July
Washington, DC, August 16--Housing starts fell 0.1 percent in July from a four month high in June, according to the Commerce Department.
CPI Up 0.5% in July
Washington, DC, August 16--The consumer prices index rose 0.5% in July, according to the Labor Department. The core index, which excludes food and energy increased 0.2%.
Brazilian Exhibitors Generate $22 Million at Cover
Alexandria, VA, August 16--The Brazilian tile and stone exhibitors at Coverings 2005 reported over US$22 million in revenue (5.5 million square meters of ceramic tile) resulting from business generated at the show.
Mohawk Realigns Residential & Commercial Flooring
Calhoun, GA, August 16--Mohawk Industries has realigned its Mohawk residential and commercial flooring businesses into two strategic business units (SBUs) designed to enhance operations and customer service.
Mohawk Gets US Antitrust Approval on Unilin Deal
Washington, DC, August 15--Mohawk Industries has received U.S. antitrust approval to acquire Belgian flooring maker Unilin Holding NV, U.S. authorities said on Monday.
Italtile Earnings up 25%
Johannesburg, South Africa, August 15--Ceramic tiles and bathware group Italtile (ITE) reported a 25% increase in final headline earnings per share.
Empire State Fed Index Off Slightly
Washington, DC, August 15--Manufacturing activity in the New York area stayed strong in August, the New York Federal Reserve Bank said Monday.