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.

East China City To Host Ceramic Fair

Zibo, China, Aug. 21--China Federation of Industry Economics, China Ceramic Industrial Association and Zibo municipal government has announced to jointly host 2003 China International Ceramic Fair

Judge Wary Of Pillowtex's Liquidation Plan

Wilmington, DE, Aug. 21--Calling Pillowtex Corp.'s liquidation plan "very, very unusual," a federal bankruptcy judge on Wednesday indicated he would encourage rival bids for what's left of the Kannapolis-NC based towel maker

Shareholder Disputes Revised Bid For Domco

Montreal, Aug. 20--The board of flooring company Domco Tarkett Inc. yesterday recommended minority shareholders accept a sweetened bid by the majority shareholder to buy them out, but one prominent investor said the revised offer is inadequate.

Mohawk Moves Distribution Center To Hanover, VA

Hanover, VA, Aug. 20--The tan and gray building with burgundy trim is a blur to thousands of I-95 travelers. Mohawk Industries, though, is big business in Hanover, as reported in the Hanover Herald Progress.

Home Depot Looks For Ways To Grow Revenue

Atlanta, GA, Aug. 19--Home Depot Inc. chief executive officer Robert Nardelli rewarded store managers who met sales goals last quarter with a four-wheel prize: pickup trucks painted orange to match the logo color of the world's largest home-improvemen

Domco Tarkett's Board of Directors Recommends

Farnham, Quebec, Aug. 19--Domco Tarkett Inc. announced today that its Board of Directors recommends that minority shareholders accept the revised offer of Tarkett Sommer AG announced on August 12, and tender their common shares.

Builder Confidence Surges

Washington, DC, Aug. 18--Builder confidence in the market for new single-family homes surged in August as home buyers rushed to lock in mortgage rates at attractive levels and signs of improving economic conditions heartened builder expectations for the n

Foamex Closes Refinancing, Increases Liquidity

Linwood, PA, Aug. 19--Foamex International Inc. the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, today announced that Foamex L.P. has closed a comprehensive refinancing of its bank debt.