Pergo Posts 2Q Profit
Trelleborg, Sweden, July 26, 2006--Pergo in the second quarter of 2006 reported net income of SEK 37 million (US$5 million) compared with a loss of SEK 5 million (US$681,063) in the second quarter of 2005.
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.
Existing-Home Sales Off in June
Washington, DC, July 25, 2006--Existing-home sales were down modestly in June, and home prices were up slightly from a year ago, according to the National Association of Realtors.
Distributor Sea-Pac Sues Armstrong
Lancaster, PA, July 25, 2006--A former Washington state wholesaler of Armstrong World Industries flooring products is seeking $4.9 million from the company, alleging Armstrong broke its contract.
State Approves $500,000 for Clean Up of Armstrong
Lancaster, PA, July 24, 2006--Business and political leaders look at the blighted Armstrong World Industries plant along Lancaster city's Liberty Street and see "green fields," as Lancaster Mayor Rick Gray put it.
Mohawk Summer Rug Intros Promise Added Sales
Sugar Valley, GA, July 24, 2006--Mohawk Select’s Summer introductions promise to help dealers move even more rugs out of their stores.
Q.E.P. Names Jim Daubs VP
Boca Raton, FL, July 24, 2006--Q.E.P. Co., Inc., announced the appointment of Jim Daubs as Vice President Business Development.
Las Vegas Market Attendees Using My Market Connect
Las Vegas, NV, July 20, 2006--Many home furnishings industry executives attending next week’s Las Vegas are now using My Market Connections a relationship-based technology.
Robert E. Shaw Steps Down as Shaw CEO
Dalton, GA, July 20, 2006--Robert E. Shaw, co-founder and CEO of Shaw Industries, Inc., has announced his plan to step down as the CEO effective September 1, 2006. He will remain a member of the Company’s Board of Directors and will advise, at the reques
Floor Covering B2B Association Formed
Atlanta, GA, July 19, 2006--Last month in Atlanta, Georgia, the Flooring Industry B2B Standards Committee held its annual meeting, and by unanimous vote, officially approved the formation of the Floor Covering Business-to-Business (B2B) Association.
Analysts Keep Mohawk Hold Rating, Reduce Estimates
New York, NY, July 18, 2006--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk, while reducing their estimates for the company.