Congoleum 2Q Earnings Up on Lower Sales
Mercerville, NJ, August 10, 2007--Congoleum Corp. in the second quarter reported net income that rose 33% to $835,000 versus $626,000 in the second quarter of 2006.
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.
Milliken Launches Stimulus
LaGrange, GA, August 10, 2007--Milliken Carpet has launched Stimulus, a new way to achieve exciting and unique floorscapes of seemingly infinite variety while also eliminating design lines and pattern repeats.
Mullican Products “Verified Sustainable”
Johnson City, TN, August 9, 2007-- Mullican Flooring prefinished hardwood products have been verified as "sustainable" by the Appalachian Hardwood Manufacturers Inc.
Business Inventories Up in June
Washington, DC, August 13, 2007—Business inventories rose 0.4% in June, after increasing 0.5% May, according to the Commerce Department.
Auto Carpet Firm Setting Up in Chattanooga
Chattanooga TN, Aug. 13, 2007--A new company specializing in automotive carpet is setting up production here next year.
Empire Today’s Celebrates 30 Years of Empire Man
Northlake, IL, August 13, 2007--Empire Today said that 2007 marks the 30th anniversary of the introduction of its iconic television pitchman “The Empire Man.”
Retail Sales Up Less Than Expected in July
Washington, DC, August 13, 2007--Retail sales increased 0.3% in July, according to the Commerce Department.
Sears Lowers 2Q Guidance
Hoffman Estates, IL, August 13, 2007--Sears Holdings narrowed its second-quarter earnings guidance, in part due to higher markdowns and a drop in Kmart and Sears domestic same-store sales.
Hovnanian Expects 3Q Charges
Red Bank, NJ, August 13, 2007--Hovnanian Enterprises said it anticipates large charges for land impairments and writeoffs in the third quarter due a continued slowdown in home sales and pricing in certain areas.
10th Domotex asia/ChinaFloor Scheduled for March
Shanghai, China, August 13, 2007--The 10th Domotex asia/ChinaFloor show will take place at Shanghai New International Expo Centre March 11 -13.