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.
Calhoun, GA, Aug. 4, 2011 -- Mohawk Industries reported second quarter net earnings of $61 million and earnings per share of $0.88. A year ago Mohawk recorded earnings of $68 million and per share earnings of $0.95.
Washington, DC, August 5, 2011--Last month, the economy improved as 117,000 new jobs were added, following a 46,000 job increase in June, according to the Labor Department.
New York, NY, Aug. 5, 2011 -- Oil prices extended recent sharp losses, falling to near $85 a barrel Friday.
Bainbridge Island, WA, Aug. 2, 2011 -– Bamboo flooring firm Teragren said it has signed a new distribution agreement with The Master’s Craft.
Northlake, IL, Aug. 5, 2011 -- Empire Today said it has expanded its services in South Carolina, serving the Greenville-Spartanburg and Columbia areas.
Chattanooga, TN, Aug. 4, 2011 -- The Dixie Group reported second quarter net income of $766,000 or $0.06 per share, compared to a net loss of $744,000 in the second quarter last year.
Washington, DC, Aug. 4, 2011 -- New applications for unemployment benefits edged down to 400,000, a decline of 1,000, according to the Labor Department.
Eufaula, AL, Aug. 4, 2011 -- Beaulieu of America is downsizing at its spun yarn plant in Eufaula, as the industry continues to move from spun yarn to filament.
New York, NY, Aug. 4, 2011 -- Many U.S. retailers recorded strong sales in July as shoppers escaped the heat at shopping malls and took advantage of aggressive discounts.
Washington, DC, Aug. 4, 2011 -- Mortgage applications rose about 7% last week from the week before, according to the Mortgage Bankers Association.