Mohawk 2Q Earnings Up 8%
Calhoun, GA, July 20--Mohawk reported second quarter earnings of $93.8 million and earnings per share of $1.39, both 8% above last year. Analysts were looking for second quarter earnings per share of $1.35.
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.
German Study Finds Carpet Minimizes Dust Risk
Dalton, GA, July 19--A study commissioned by the German Allergy and Asthma Society concluded the average fine dust concentration in indoor rooms equipped with smooth flooring material is twice as high as indoor rooms equipped with wall-to-wall carpet.
Germany’s Pfleiderer to Acquire Wood Producer Kunz
Neumarkt, July 18--Pfleiderer AG is acquiring the engineered wood activities of the Kunz Group, Unterensingen.
California’s Flame Retardant Ban Stalled
Sacramento, CA, July 18—-With less than a year before California's ban on a class of flame retardants takes effect, no substantive discussions at any level of state government are taking place.
CRI & RFCI Help Kill Proposed New Jersey Tax on Fl
Dalton, GA, July 18--The final New Jersey budget and related legislation passed by the legislature was signed by the Governor on Saturday, July 2.
Mannington Launches 'Virtual Decorator'
Salem, NJ, July 15--Mannington has announced the launch of its new "Virtual Decorator" on its web site, Mannington.com. The program is a completely customizable, flexible tool to help consumers see what their finished room will look like by experimenting
CEO Confidence Declines
New York, NY, July 15--Chief executives across the United States are less confident about the state of the economy now than they were in the first quarter of this year, The Conference Board reports today in its latest survey of CEOs.
NAR: Record for Housing Sector Expected This Year
Washington, DC, July 14--The National Association of Realtors has again raised its forecast for the housing sector, with both existing- and new-home sales to set an even bigger all-time record in 2005.
Flooring Sales Will Keep Growing According to New
Reading, PA. July 14--U.S. flooring sales were up a record breaking 10.3% in 2004, and according to the 2006 edition of the US FLOOReport, they should continue to grow an average of 2.8% a year through 2010.
SBIC Inaugurates Ecobuild America Conference & Exh
Orlando, FL, July 13--The Sustainable Buildings Industry Council’s (SBIC) Ecobuild America Conference and Exhibit, held in conjunction with twelve co-located events, had its debut in late June in Orlando, Florida.