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.
Lancaster, PA, March 31, 2010--Armstrong World Industries, Inc. said that three directors, Judith R. Haberkorn, James C. Melville and Edward E. Steiner, will not stand for re-election when their respective terms expire.
London, England, March 31, 2010--British retailer Topps Tiles said that second-quarter sales fell, as consumer confidence dipped and a general election nears.
New York, NY, March 30, 2010--U.S. home prices recorded the smallest annual decline in nearly three years in January, according to the Standard & Poor's/Case-Shiller 20-city home price index.
New York, NY, March 30, 2010--U.S. consumer confidence recovered in March after falling sharply in February, the Conference Board said Tuesday.
Amsterdam, Holland, March 30, 2010--Dutch chemicals company Royal DSM NV said it will sell its fertilizer and melamine businesses to Egypt's Orascom Construction Industries for $418 million.
Washington, DC, March 30, 2010--Treasury Secretary Timothy Geithner warned that mounting losses from commercial real estate loans will continue to be a problem for smaller U.S. banks.
New York, NY, March 30, 2010--Ticonderoga Securities analyst Stephen East initiated coverage of Mohawk Monday with a “Buy” rating and a price target of $63.
Valley, AL, March 30, 2010--Fifteen workers will begin work producing tote bags and purses using scrap carpet material provided by carpet tile manufacturer InterfaceFlor.
Spencer, MA, March 30, 2010--FLEXmark floor art, a two-part system of printable vinyl paired with a white double-faced polyester laminate for graphic floor advertising, has received an award for technical excellence.
Calhoun, GA, March 29, 2010--Mohawk Industries said that holders of its 6.5% senior notes have tendered a total of $300,756,000 as of last Friday.