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.
Washington, DC, Jun. 10--Prices of imported goods rose at the fastest clip in 15 months in May as petroleum prices surged, surprising Wall Street and indicating the global economic recovery is fanning inflation.
Atlanta, GA, Jun. 7--Witex USA has been acquired by an investment group including Bill Hamlin, KCA Capital, Chatham Capital and senior management.
Ridgefield, CT, Jun. 7--StarNet announced three Board appointments. Jim Creamer, president and CEO of Potomac Floor Covering and Chuck Rajner, VP of OCP Contractors were elected Director positions. Bob Sabosik, president of M.E. Sabosik, Inc., is the new
Washington, DC, Jun. 4--Employers hired workers at a rapid pace for a third month in a row, validating Wall Street's view that the job market finally is healthy enough to permit the Federal Reserve to start raising interest rates for the first time si
Salem, NJ, Jun.3--Mannington Mills announced today that due to significant cost increases in raw materials, energy and transportation, the company is implementing a 4% to 6% price increase on selected resilient products.
Washington, DC, Jun. 3--The productivity of America's workers in the opening quarter of 2004 grew at a brisk 3.8% annual rate, faster than previously thought. Labor costs moved up.
Lancaster, PA, Jun. 1--Armstrong Holdings, Inc. today announced that Frank Ready has been named President and CEO of Armstrong Floor Products North America, effective immediately.
Lancaster, PA, May 28--Due to significant increases in key raw materials, as well as higher energy and transportation costs, Armstrong Floor Products is announcing a four to six percent price increase on selected residential and commercial vinyl sheet flo
Trelleborg, Sweden, May 27—Pergo said today that as it had announced earlier, the Court of Appeal for the Federal Circuit in the United States has affirmed the ruling from the US International Trade Commission (ITC) from March 2002.
Washington, DC, May 26--Demand for longer-lasting manufactured goods took its biggest tumble in a year and a half during April following big back-to-back increases.