Valinge Signs License Agreements
Viken, Sweden, September 9--Välinge has entered into a license and R&D agreement with three of the largest HDF and laminate flooring producers in the world: Kronospan, Kronotex and Kaindl Flooring.
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.
IWT Tesoro Gets $5 Million Financing
Westport, CT, September 9--IWT Tesoro Corp., a wholesale provider of hard and soft floor and wall covering materials, today announced the closing of a $5 million revolving credit facility arrangement with Laurus Master Fund Ltd.
Radiant Floor Warming Intro The Screamer
Seymour, CT, September 9, 2005 -- Radiant Floor Warming is proud to add to its line of consumer friendly products The Screamer.
Wisconsin Retailer Expands
Sturtevant, WI, September 9, Floortech, one of the area's largest flooring retailers, broke ground Wednesday on a new showroom and warehouse in Renaissance Business Park.
Mohawk U. Educates Thousands Each Year
Dalton, GA, September 9--Whether you’ve just opened a floorcovering store or have been in business for years, Mohawk University has courses and tools that can improve your bottom line.
Ilva Introduces New Porcelain
Buenos Aires City, Argentina, September 9--Ilva S.A., the leading Argentine producer of porcelain tile, has introduced Crema Marfil, a porcelain series with the look of marble.
Mohawk U Takes Top Award
Dalton, GA, September 8--A training program created by Mohawk University is a Silver Winner in the 2005 Summit Creative Awards international competition.
Mervyns Closing 62 Stores
Hayward, CA, September 8--Mervyns said it plans to close nearly a quarter of its stores and lay off 4,800 employees in an attempt to cut the chain's losses.
Oriental Weavers USA Operations Merge, Mike Riley
Dalton, GA, September 8--Oriental Weavers Group announced today the merger of its North American divisions. Effective immediately, the company will fully merge its import (Sphinx) and domestic manufacturing (OW America) operations.
Economy Was Growing Pre-Katrina
Washington, DC, September 8--The economy was in relatively good shape before Katrina slammed into the Gulf Coast, the Fed's Beige Book survey of current economic conditions showed Wednesday.