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.
Dalton, GA, August 10--Carpet America Recovery Effort (CARE) has issued a request for proposals to seek a consultant to identify sources of public and private funding and financing and obtain monies for innovative carpet reuse and recycling activities co
Detroit, MI, August 10--Plastech Engineered Products Inc. has made a $1 billion bid to buy rival auto-parts supplier Collins & Aikman Corp., which filed for bankruptcy in May.
Coppell, TX, August 10—-According to reports, a security guard was kidnapped from her job at Mohawk Industries while a man stole a trailer full of carpet from the facility.
Washington, DC, August 10--The Federal Open Market Committee raised its target for short-term interest rates Tuesday by a quarter percentage point to 3.5% and gave no hint that it is interested in stopping anytime soon.
Columbia, SC, August 9--Coveright Surfaces doesn’t make hardwood flooring and cabinets, but its 145 employees in Blythewood produce the wood-grain illusion.
Washington, DC, August 9--Productivity in the second quarter rose at a 2.2% annual rate, according to the Labor Department.
Washington, DC, August 9--The ASID Foundation, Inc. has named new members of its board of trustees.
New York, NY, August 9--Chain store retail sales fell 0.8 percent in the week ended Aug. 6, compared with a 0.9 percent increase the previous week, the International Council of Shopping Centers and UBS said in a joint report.
St. Louis, MO, August 9--May Department Stores reported second quarter earnings that fell by nearly half from the year before, hurt by expenses from its planned merger with Federated Department Stores.
Washington, DC, August 9--Wholesalers inventories were up 0.7 percent in June, while wholesale sales rose 0.6 percent, according to the Commerce Department.