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.
Calhoun, GA, Oct. 31--Mohawk Industries Inc. said Friday that it refinanced its $450 million revolving credit line with a $300 million credit line Sept. 30, according to its quarterly report filed with the Securities and Exchange Commission.
Washington, DC, Oct. 31--Consumer spending fell in September, reflecting a dropoff in auto sales. Income edged higher but the savings rate fell to its lowest level in almost two years.
Greenville, MS, Nov. 3--Technological advancements and sluggish market conditions are the main reasons cited for the layoff of 150 hourly and salaried employees at the company’s production facilities in Greenville, Mississippi.
Farnham, Québec, Oct. 30--At a Special Meeting of Shareholders of Domco Tarkett Inc. held in Farnham, Québec, today, shareholders approved a resolution to amalgamate Domco Tarkett with 4158148 Canada Inc.
Arlington, VA, Oct. 30--Mohawk Industries has been selected to receive the Excellence in Partnership Award presented by the Coalition for Government Procurement together with the GSA Federal Supply Service and Federal Times.
Salem, NJ, Oct. 31--Mannington Mills, a flooring manufacturer located in Salem, NJ, was recently honored with a recycling award from the Association of New Jersey Recyclers and the New Jersey Department of Environmental Protection.
Columbus, OH, Oct. 31--Mohawk Industries plans to consolidate and expand its regional distribution center at a $10 million build-to-suit complex planned near Rickenbacker International Airport, according to Columbus Business First.
Charlotte, NC, Oct. 30--A federal bankruptcy judge approved a $614 million buyout of textile maker Burlington Industries by WL Ross & Co. LLC.
Greenville, MS, Oct. 31--Ken Hardy has been appointed to the newly-created post of Vice President Project Management for Brintons U.S.Axminster.
New York, NY, Oct. 30--Walmart.com CEO John Fleming says he doesn't want to be another Amazon.com, but he does want to stir things up at the online unit of the world's No. 1 retailer.