Today's Flooring News

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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.

Wholesale Prices Rise

Washington, DC, Nov. 14--Wholesale prices grew at the fastest pace in seven months in October.

Economists Lift Forecasts For Early 2004

New York, NY, Nov. 12--Economists are nudging higher their projections for economic growth early next year, suggesting they are becoming more confident the recovery is sustainable.

Moody's Confirms Mohawk's Long Term Debt R

New York, NY, Nov. 13--Moody's Investors Service confirmed the Baa2 long term debt rating of Mohawk Industries, Inc. with a stable outlook following the announcement the company had completed its acquisition of Lees Carpet.

New Filing In Mohawk Lawsuit

Atlanta, GA, Nov. 13--A filing in a lawsuit against Mohawk Industries Inc. claims the nation's second-largest carpet maker has withheld crucial evidence and tried to silence a witness in the case of a rookie police officer who died in an accident at o

Retail Sales Down

Washington, DC, Nov. 14--Retail sales fell slightly more than expected in October as demand tumbled for motor vehicles and parts.

More on the Sale of Florida Tile

Lakeland, FL, Nov. 13--A private, Washington, D.C.-based merchant bank has purchased Florida Tile Industries Inc. from Illinois Tool Works Inc., according to the Lakeland, Florida, The Ledger.

Beaulieu Hosts Retail Partners

Dalton, GA, Nov. 13--Beaulieu of America on October 17-20, 2003 hosted 500 members of their Retail Partner Programs at a convention in Miami, Florida and Nassau, Bahamas.

Burlington Emerges from Bankruptcy

Greensboro, NC, Nov. 13--Burlington Industries Inc. ended its nearly two-year stay in bankruptcy yesterday with little fanfare and what its new owner believes is a viable strategy in the highly competitive textile industry, according to the Winston-Salem

Dixie Reports 3rd Quarter Results; Completes Sale

Chattanooga, TN, Nov. 12, 2003--The Dixie Group, Inc. today announced financial results for the three- and nine-month periods ended September 27, 2003. The Company also announced that it has completed the sale of its factory-built housing assets to Shaw.