OW Reorganizes, Rebrands Hospitality Company
Cairo, Egypt, Sept. 27, 2010--Oriental Weavers Group said it has reorganized and rebranded its hospitality carpet company, Cambridge Weavers, which also operates in the U.S. as C.W. Hospitality.
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.
KB Home Narrows Loss, but Backlog Falls
Los Angeles, CA, Sept. 27, 2010--KB Home said Friday it lost $1.4 million, or 2 cents a share, in the three months ended Aug. 31.
Almost One-Third Can't Qualify for Mortgage
Seattle, WA, Sept. 27, 2010--Nearly one-third of Americans are unlikely to qualify for a mortgage because their credit scores are too low, making homeownership out of reach for many, according to Zillow.com.
Distributor Jaeckle Sells Hardware Division
Madison, WI, Sept. 27, 2010--Floor covering distributor Jaeckle Distributors has sold its hardware products division to Amerhart Ltd, a wholesale building materials distribution company headquartered in Green Bay.
Beaulieu Workers Reach 2 Million Mile Goal
Dalton, GA, Sept. 27, 2010--Beaulieu of America associates reached their 2-million mile goal of walking and running for better health.
Analyst Has 'Buy' Rating on Armstrong
New York, NY, Sept. 24, 2010--Analyst Stifel Nicolaus has maintained its "buy" rating on Armstrong World Industries after the company announced reorganization of its European operations.
Tandus Wins Awards at IIDEX/NeoCon Canada
Toronto, Canada, Sept. 24, 2010--Tandus products won awards at this year's IIDEX/NeoCon Canada.
Beaulieu Closing Georgia Spun Yarn Plant
Dalton, GA, Sept. 24, 2010--Beaulieu said that it will close its Royston spun yarn facility in Royston, Georgia, on November 26, while increasing production of softer BCF products at other locations.
Golf Tournament Nets $140K for FCIF
Adairsville, GA, Sept. 24, 2010--CCA Global Partners held its 8th annual Alan Greenberg Charity Golf Tournament at Barnsley Gardens in Adairsville, Georgia on September 22. Approximately 130 golfers participated in the event.
Beaulieu Closing Georgia Spun Yarn Plant
Dalton, GA, Sept. 24, 2010--Beaulieu said that it will close its Royston spun yarn facility in Royston, Georgia, on November 26, while increasing production of softer BCF products at other locations.