Mohawk Stock Gets Upgrade
New York, NY, Dec. 18, 2009--J.P. Morgan has upgraded Mohawk Industries from Neutral to Overweight.
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.
New Interior Design Contest Seeks Entries
Chattanooga, TN, Dec. 18, 2009--The first annual Vision Award Design Contest, celebrating the dynamic integration of flooring and architecture, is seeking entries.
Kronotex Adds Northwest Distributor Cronin
Barnwell, SC, Dec. 18, 2009--Laminate flooring manufacturer Kronotex USA said that The Cronin Company, headquartered in Portland, Ore. will distribute Kronotex laminate flooring.
Lumber Liquidators Names VP Supply Chain
Toano, VA, Dec. 18, 2009--Lumber Liquidators has named Glenn Sharpe senior vice president of supply chain.
Topps Tiles Won't Support Dutch Subsidiary
London, England, Dec. 18, 2009--Flooring retailer Topps Tiles has decided to withdraw support and funding for its unprofitable Dutch subsidiary.
French Wood Producer Using Valinge System
Viken, Sweden, Dec. 18, 2009--French wood producer Parquets Marty is using Valinge’s 5G+ Wedge system folding technology.
Study Shows 1.7M Homeowners Near Foreclosure
Washington, DC, Dec. 18, 2009--About 1.7 million homeowners were on the verge of foreclosure in the fall, according to a new report by real estate research firm First American CoreLogic.
Backing Volume in November Ahead of 2008
Dalton, GA, Dec. 15, 2009--For the first time all year, monthly backing volume was higher than the year before.
Sluggish Market Forces Karastan Downsizing
Eden, NC, Dec. 17, 2009--Karastan is downsizing, according to the News Record, due to a sluggish economy.
Leading Indicators Point to Improving Economy
New York, NY, Dec. 17, 2009--The index of leading economic indicators rose for the eighth straight month, the Conference Board said Thursday.