Solutia's Disclosure Statement Approved
St. Louis, MO, October 19, 2007--Solutia received approval of its disclosure statement from the U.S. Bankruptcy Court for the Southern District of New York.
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.
Alloc Names Houle Northeast Sales Manager
Racine, WI, October 22, 2007--Alloc Inc. has named Bill Houle to the post of regional sales manager, Northeast.
Legend Capital Invests in Shanghai New Sihe Wood
Shanghai, China,October 22, 2007-- Legend Capital, a venture capital vehicle of Legend Holdings Limited, and several foreign venture capital firms have invested $20 million into Shanghai New Sihe Wood Co., Ltd.
CRI Annual Meeting Slated for November 13
Dalton, GA, October 22, 2007--The 2007 CRI Annual Meeting is scheduled for November 13 at the Northwest Georgia Convention and Trade Center.
INSTALL Adds Five Alliance Members
Philadelphia, PA, October 22, 2007--Five representatives of the flooring industry are the newest members of the INSTALL community: Dayton Superior, GAF-ELK, Graf Brothers Flooring and Lumber, Lewis G. Migliore & Associates, and Kahrs International.
J&J Introduces Good Vibrations Collection
Dalton, GA, October 22, 2007-- J&J Commercial’s newest carpets are Static, Frequency and Wavelength.
Mohawk Downgraded by Morgan Keegan
New York, October 22, 2007--Analysts at Morgan Keegan downgrade Mohawk Industries Inc (MHK.NYS) to "market perform," while reducing its estimates for the company.
BASF Opens Tile Adhesives Plant in China
Frankfurt, Germany, October 22, 2007—BASF has opened the first plant for tile adhesives products under the PCI brand in the southern Chinese city of Foshan.
Mohawk 3Q Earnings Off 5%, Beat Estimates
Calhoun, GA, October 18, 2007--Mohawk Industries, Inc. announced 2007 third quarter net earnings of $122 million and diluted earnings per share (EPS) of $1.78 (both 5% below last year).
Lumber Liquidators Expects To Raise $43M in IPO
Toano, Va, October 18, 2007--Lumber Liquidators has set the terms of its initial public offering, according to a Securities and Exchange Commission filing Thursday.