Wholesalers Inventories Up in December
Washington, Dc, February 10--Wholesale inventories were up 0.4% to a seasonally adjusted $328.27 billion in December, after rising 1.2% in November, the Commerce Department said Wednesday.
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.
May's 4Q Earnings Drop
St. Louis, MO, February 10--May Department Stores reported fourth-quarter earnings of $339 million, or $1.10 per share, off from the $425 million, or $1.38 per share, posted a year earlier.
Pennsylvania Fiberboard Producer to Enter Flooring
Marianne, PA, February 10--Officials at the Aconcagua Timber Corp fiberboard plant in Paint Township announced plans this week for further investments in the local facility as well as increased future employment.
Mohawk ColorCenter Offers Broad Range of New Produ
Nashville, TN, February 10--In past years, Mohawk ColorCenter dealers have been introduced to window fashions, new hard surface products, national sales events, and other major new products and programs at convention.
Apso Names U.S. Sales Manager
Chattanooga, TN, February 10--Tricycle, Inc. president Jonathan Bragdon announced that Josh Chappelear has been named U.S. sales manager at Apso.
U.K.’s Victoria to Close its Axminster Operations
London, England, February 10—-Victoria PLC will discontinue production of the famous Axminster carpet, with the loss of 85 jobs at its Kidderminster plant, according to a report in the Financial Times.
OMNOVA Names Hohman President of Performance Chemi
Fairlawn, OH, February 10--OMNOVA Solutions said it has consolidated the leadership of its Performance Chemicals businesses and appointed James J. Hohman as President, Performance Chemicals.
Mohawk Says No Cuts at Wayn-Tex
Augusta, County, VA February 10--Will the recent purchase of Wayn-Tex by a Georgia-based carpet manufacturer have an impact on the size of the workforce at the Waynesboro plant?
Stainmaster Announces Sweepstakes Winner
Atlanta, GA, February 10—-Stainmaster carpet announced today that Renee Greer, Tim Greer and Roy Hellickson of America’s Carpet in Fairfield, Calif., are the lucky winners of the Stainmaster carpet dealer sweepstakes sponsored by INVISTA.
Nafco by Tarkett Teams with Trading Spaces Designe
Houston, TX, February 10--Nafco by Tarkett’s PermaStone Modular has paired up with Frank Bielec, one of the top designers on TLC’s hit show Trading Spaces, for an exciting sweepstakes in which three lucky dealers each will win an in-store appearance from