Collins & Aikman Hit by Liquidity Issues, CEO Out
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
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.
TCNA Members Collaborate to Create Award
Clemson, SC, May 16--Four Tile Council of North America (TCNA) members and an Ohio master craftsman contributed time and materials to create a one-of-a-kind commemorative Tile Person of the Year award.
Asbestos Bill Gaining Momentum
Washington, DC, May 13--The outlook for a Senate bill that would remove asbestos litigation from the courts improved Thursday after two days of committee action clinched a crucial Democratic vote.
Turkey, the World’s Carpet Repair Capital
Sultanhany, Turkey, May 12--Worn-out antique carpets from the United States, Germany, England, France and Italy find new life in the Aksaray district of Sultanhany, Turkey.
Wal-Mart 1Q Earnings Up, Miss Estimates
Bentonville, AR, May 12--Wal-Mart Stores reported a 14 percent increase in first-quarter earnings, but the results missed Wall Street estimates.
Rug Designer Featured on TV
Chicago, IL, May 12--Jerry Krull, owner and lead designer of Aspen Carpet Designs in Mokena, IL, is featured on a national cable television program this month.
Ulf Mattsson Named Molnlycke Health Care CEO
Göteborg, Sweden, May 12--Molnlycke Health Care, a manufacturer, marketer of single-use products for surgical interventions and wound care, has named Ulf Mattsson CEO.
Stainmaster Offers New Online Source for Consumers
Atlanta, GA, May 12-- Stainmaster carpet has developed a new section of the Stainmaster carpet Web site.
Trade Shows Help New Zealand Wool with Global Succ
Auckland, New Zealand, May 12--Success at two key international trade fairs has affirmed New Zealand wool’s status as a key component of premium-quality carpets.
Coverings 2005 Attendance Up 10%
Alexandria, VA, May 12--Coverings announced that the number of registered attendees at the 2005 show, held from May 3 - May 6 at the Orange County Convention Center in Orlando, was 32,228. This figure reflects a 10 percent increase in registered attendees