Job Cuts Up in June
New York, July 6--Job cuts jumped 35 percent in June, with the number of layoff announcements pushing the monthly total to its highest level since January of last year, an employment firm said Wednesday.
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.
Lowe's Promotes Edwards to Sr. VP Store Operat
Mooresville, NC, July 6--Lowe's had named William W. (Bill) Edwards to the post of senior vice president-store operations for the north central division.
Raymond James Reiterates Mohawk’s “Market Perform"
New York, NY, July 6--Analyst Sam Darkatsh of Raymond James reiterates his "market perform" rating on Mohawk Industries.
Factory Orders Up in May
Washington, DC, July 6—Factory orders rose 2.9 percent in May for the largest gain in 14 months, according to the Commerce Department.
Non-Manufacturing Activity Up in June
Tempe, AZ, July 6--Business activity in the non-manufacturing sector increased in June 2005, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report on Business.
Partnership Developing Equipment to Process Carpet
Bolingbrook, IL, Tampa, FL, July 7--Prater-Sterling’s Systems Division and EarthFirst Technologies jointly announced that the Companies have partnered to develop specialized equipment that will allow carpet waste to be processed more efficiently.
Report: Retailers Expanding to Stay Ahead
Washington D.C., July 5, 2005--After a whirlwind of mergers, this past year proved that retail is all about change.
Pfleiderer to Buy Laminate Producer Kunz
Duesseldorf, Germany, July 5--Pfleiderer AG said it has informed the German Cartel Office that it plans to buy Kunz AG, a maker of laminate flooring.
Tibetan Carpets Enter Global Market
Beijing, China, July 5--Tibetan carpet, Persian carpet and Turkey carpet are the top three best-known carpets in the world.
Court Approves Illegal Worker Case Against Mohawk
Atlanta GA, July 5--A federal appeals court has cleared the way for an employee lawsuit against Calhoun, Ga.-based Mohawk Industries Inc. that claims the company hired illegal immigrants instead of legal workers.