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, Feb. 7--Mohawk Industries had fourth quarter net earnings of $84.2 million (42% above last year) or $1.25 earnings per share (13% above last year), the highest quarterly earnings and EPS ever recorded by the company.
Trelleborg, Sweden, Feb. 10--Pergo AB had sales of 3.194 billion SEK for the year, a decrease of 11% from 3.729 billion SEK the year before, excluding currency effects. The decline was primarily due to lower price levels in North America and, to some exte
Cleveland, OH, Feb. 6--Sherwin-Williams’ fourth quarter profits rose 25.7%, boosted by sales of paint to do-it-yourselfers and by cost cuts.
Washington, DC, Feb. 7--The nation's unemployment rate dropped to 5.7% in January as businesses added 143,000 new jobs, some good news for an ailing economy.
Portland, OR, Feb. 5--Daniel K. Frierson, chairman & chief executive officer of The Dixie Group, has been elected to Louisiana-Pacific's board of directors, effective February 1.
Wilkesboro, NC, Feb. 4--Lowe's Home Improvement Warehouse plans to construct a new, state-of-the-art regional distribution center (RDC) in Osceola County, Florida.
New York, NY, Feb. 4—For the third straight month, the nation's manufacturing sector grew, though at a slower pace, as worries about a war with Iraq dampened optimism.
London, England, Feb. 4--The Victoria P.L.C. announced the formation of a new business relationship in Canada, acquiring all of the shares it did not own in the Canadian company, Colin Campbell & Sons Limited.
Washington, DC, Feb. 3--Construction spending jumped 1.2% in December.
Linwood, PA, Feb. 4--Foamex International has named K. Douglas Ralph executive vice president and chief financial officer, effective immediately.