Shaw Debuts New Commercial Lines
Dalton, GA, June 17--Shaw S|C, a leader in carpet design and sustainability, is proud to bring three innovative lines to the floor covering industry.
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.
Builder Confidence Rises
Washington, DC, June 16--Indicating that the lowest mortgage rates in nearly half a century are providing solid motivation for home buyers, builder confidence in the market for new single-family homes rose strongly in June to pre-war levels, the National
Domco Tarkett Provisional Share Values Announced
Farnham, Quebec, June 17--Domco Tarkett Inc. announced today that the Special Committee of Independent Directors of Domco Tarkett authorized the disclosure of the provisional range of values...
LDBrinkman To Liquidate Sacramento Inventory
Sacramento, CA, June 17--Flooring wholesaler LD Brinkman is liquidating its entire inventory including goods in its Sacramento warehouse, where it has laid off about 20 people, according to the Sacramento Bee.
Pergo Writes Down Value Of Its Witex Shares
Trelleborg, Sweden, June 16--The Pergo Board of Directors has decided to make a complete write-down of the value of its shareholding of 25.1 percent in Witex. This is due to the preliminary bankruptcy of Witex AG.
Asbestos Litigation Talks Resume
Washington, DC, June 16--Labor, insurance and business leaders revived negotiations on Capitol Hill this weekend over federal legislation to rein in asbestos lawsuits that pose a growing threat to dozens of large manufacturers.
Canadian Flooring Producer Part Of Green Energy Pl
Vancouver, BC, June 13--Canada DynaMotive Energy Systems Corporation, Magellan Aerospace division-Orenda Industrial (Orenda) and Erie Flooring and Wood Products intend to develop a 2.5 MW electric combined heat and power project in West Lorne, Ontario, Ca
Waiting For More Consolidation
New York, NY, June 12--This could be the year when the landscape changes utterly. The mill-dominant structure of the American home textiles industry has been consolidating in waves over the past 15 years.
Martha Stewart Furniture Doing Well Despite Legal
Charlotte, NC, June 13--Furniture shoppers apparently don't consider Martha Stewart's legal troubles to be a poor reflection on her tastes.
AIC Tenders DuPont Canada Shares
Wilmington, DE, June 12--DuPont today announced that AIC Limited has advised DuPont that it has tendered 10,685,336 common shares, representing approximately 16 percent of the minority interest, to DCI Acquisition Inc.