Fiber Maker Wellman Files for Bankruptcy
Fort Mill, S.C., Feb 25, 2008 -- Fiber maker Wellman Inc. has filed for Chapter 11 bankruptcy protection. The company said cost cutting and other measures were insufficient.
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.
Hibernia Names Scharff VP Sales and Marketing
Whittier, CA, February 25, 2008—Eric Scharff has been appointed vice president of sales and marketing for Hibernia Woolen Mills, a supplier of wool carpets and a Wools of New Zealand brand partner.
Karastan Features Preston in National Ad Campaign
Atlanta, GA, February 20, 2008—Actress Kelly Preston will star in the 2008 “Make a Statement” national ad campaign for Karastan carpets and rugs.
Housing Measures on Tap in Washington This Week
Washington, DC, February 25, 2008--Homeowners on the verge of bankruptcy or foreclosure could get relief from Congress this week.
Brazilian Police Seize 500 Truckloads of Hardwood
Sao Paulo, Brazil, February 25, 2008-- Brazilian federal police seized more than 500 truckloads of illegally cut hardwood that were abandoned last week when rioting residents and loggers drove out environmental authorities.
Solutia, Banks, Spar in Court Over Bankruptcy Loan
New York, NY, February 22, 2008--Solutia's three bankruptcy lenders decided independently to pull out of a commitment to fund the company's $2 billion exit loan based on credit market conditions, a lawyer for the lenders said in court.
CARE Director Leaving for Chemical Society
Dalton, GA, February 22, 2008—Robert Peoples, executive director of the Carpet America Recovery Effort, has accepted a new position as executive director of the Green Chemistry Institute of the American Chemical Society.
Tarkett Residential Raising Prices April 1
Farnham, Quebec, Canada, February 22, 2008--Tarkett Residential said it will increase prices for its residential resilient.
Focus Groups Show Carpet Facts Are Vital
Nashville, TN, February 22, 2008--The more factual information women know about carpet, the more likely they are to buy it, two focus groups in Nashville hinted last week.
Mohawk Names Dealer of the Year at Convention
Orlando, FL, February 22, 2008-- Mohawk Industries named House of Floors of Albuqerque, N.M. as the 2007 National Dealer of the Year.