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.
Morris Township, NJ, Jun. 4--Honeywell it had reached an agreement to resolve shareholder litigation pending against the company and three former officers relating to the 1999 AlliedSignal/Honeywell merger and financial projections and disclosures during
New York, NY, Jun. 4--Federated Department Stores Inc. was upgraded by Credit Suisse First Boston to outperform from neutral on expectations of higher sales and profits.
Atlanta, GA, Jun. 7--Home Depot is expanding into China with the hope of one day becoming the largest home improvement store chain in Asia and rivaling the success it has had in the United States, company officials said Monday.
Calhoun, GA, Jun. 7--Foam Products Corp. announced today that it has filed a patent infringement lawsuit against Healthier Choice Carpet and Cushion, Inc., a supplier of underlayments for floorcoverings.
Dalton, GA, Jun. 7--Adhesives and Seam Tape producer APAC has announced the addition of three new sales executives as the company continues to grow.
Atlanta, GA, Jun. 7--Home Depot Inc. said Friday that it expects to open 185 new stores in its current fiscal year.
Dalton, GA, Jun. 7--Shaw has announced the recent opening of a showroom in London that will serve as a design studio and sales office for contract and hospitality products of its International Division.
Crossville, TN, Jun. 4--Crossville’s new Water Crystal Mosaics, designed by Boyce & Bean, are made of cast, translucent glass that is textured front and back to capture, reflect and refract light.
Pound Ridge, NY, Jun. 4--Maytag Corp said it will cut about 20% of its salaried workforce as part of a "comprehensive" restructuring to consolidate its Hoover Floor Care and Maytag Appliances operations at its corporate headquarters.
Wilmington, DE, Jun. 4--Timber Resources International, Inc. announced that pursuant to a strategic growth plan unveiled last month, the company formed a subsidiary, TRI Exotic Woods, LLC to market and sell hardwood flooring.