Sun Valley Opens Recycling Plant in Tennessee.
Delray Beach, FL, June 18-- Recycler Sun Valley Worldwide Inc. has commissioned a plant to reprocess bags, carpet and other plastic materials.
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.
Steelcase CEO Sees More Spending On Employee Work
Chicago, IL, June 18--Hit hard by the U.S. economic recession, Steelcase Inc., (SCS), the world's largest provider of office furniture, office design and related services, is on the road to recovery.
U.S. Home Systems Cuts Profit Guidance
Dallas, TX, June 18--U.S. Home Systems Inc. which designs and sells home improvement products, on Friday lowered its quarterly profit forecast in part because of higher lumber costs.
Unilin to Start Work on $80M Plant
Thomasville, NC, June 18--Unilin Flooring, the maker of Quick-Step laminate flooring, is set to begin work on its $80 million manufacturing plant in Thomasville.
Home Depot Scouts Data-Center Sites
Atlanta, GA, June 18--Home Depot plans to open a new data center with 500 workers as part of a plan to expand its information technology operations, according to the Atlanta Journal-Constitution.
Lowe's Reports No Signs of Softening Business
Mooresville, NC, June 17--Lowe's Cos. executives on Wednesday again played down concerns that the home-improvement retailer's business will be hit hard as interest rates rise.
Tandus Announces First Quarter Earnings
Dalton, GA, June 17--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and subsidiaries, announced its financial results for the first quarter (13 weeks) ended May 1, 2004.
Producer Prices Jump in May
Washington, DC, June 17--Wholesale prices climbed at the fastest pace in 14 months in May as food prices accelerated, indicating the global economic recovery is fueling inflation.
Pergo Listed on Attract40 Segment of Stockholm Exc
Trelleborg, Sweden, June 17--Pergo shares will be listed on the Attract40-segment at Stockholm Exchange (Stockholmsbörsen) starting July 1st 2004.
Raymond James Maintains Mohawk’s Rating
New York, NY, June 17--Analyst Sam Darkatsh of Raymond James maintains his "market perform" rating on Mohawk Industries.