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.

Mohawk Acquires Wayn-Tex

Augusta, GA, February 4--The Augusta Free Press reported this morning that Mohawk Industries has acquired Wayn-Tex.Wayn-Tex, a 44-year-old company, produces primary carpet backings and manufactures a variety of composite woven/nonwoven backings for specia

Patent Judgment in Favor of Alloc

Racine, WI, February 1--The Federal District Court in the Northern District of Illinois has entered judgment in favor of Alloc, Inc. of Racine, Wisconsin, the Berry Group of Oostrozebeke, Belgium, and Valinge Innovation AB of Viken, Sweden.

SPACES Opens in Florida

Fort Lauderdale, FL, February 2--SPACES, Florida's largest retail home design center with over 155,000 square feet of showrooms, has officially opened their doors to the public.

Armstrong, Union Agree on Severance

Lancaster, PA, February 1--Armstrong World Industries is keeping its word to its employees who are losing their jobs, according to the Lancaster New Era.

Forbo Reports 1.5% Sales Increase

Eglisau, Switzerland, February 1--In the business year 2004, Forbo raised net sales by CHF 23.4 million ($19.7M) to CHF 1,622.3 million ($1.36B), which corresponds to an increase of 1.5% over the previous year.

2004 GDP Best in 5 Years

Washington, DC, January 31--The economy finished 2004 with its best performance in five years despite slowing in the final stretch.

December New Home Sales Up 0.1%

Washington, DC, January 31--Sales of new single-family homes rose 0.1% in December, to a seasonally adjusted annual rate of 1.098 million, to close out the strongest year on record, according to the Commerce Department.

Congoleum Announces Price Increase

Mercerville, NJ, January 31--Congoleum announced a five percent price increase on Jan. 25 to be applied to all of its residential and commercial flooring products. The price increase will be effective with shipments beginning March 1, 2005.

Honeywell 4Q Earnings Up 3%

Morris Township, NJ, January 28--Honeywell International Inc. posted a 3 percent rise in quarterly profit and lifted its earnings outlook for 2005, buoyed by strong orders from its mainstay aerospace unit and hot demand for turbo chargers.