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.
Shanghai, China, March 30, 2006--Armstrong World Industries Inc., signed a contract with a Chinese firm in Shanghai on Wednesday to establish a wood floor production base in East China's Jiangsu Province, according to Xinhua.
Calhoun, GA, March 31, 2006--Mohawk Industries, Inc., announced a revision of its guidance for earnings per diluted share to an estimate of $1.03 to $1.05 for the first quarter of 2006.
Wielsbeke, Belgium, March 27, 2006--The Technical Board of Appeal of the European Patent Office confirmed the validity of Unilin’s European patent EP 0 843 763 with certain modifications. This decision can not be appealed.
New York, NY, March 28, 2006--Consumer confidence index rose 4.5 points to 107.2 from an upwardly revised 102.7 in February, despite higher gasoline prices, according to the Conference Board.
Tampa, FL, March 27, 2006--Floor & Decor Outlets of America opens its 13th location, a 50,000-square-foot retail location in Tampa, Florida.
Viken, Sweden, March 27, 2006--Välinge Innovation announced what it called two major victories at EPO against Unilin patents, and welcomed the EPO decision to reduce the scope of the first patent.
Washington, DC, March 24, 2006--New home sales dropped 10.5% in February to their lowest level since May 2003, according to the Commerce Department.
Dalton, GA, March 24, 2006--Faus Group Inc., has announced that it will debut Classic Americana, a premium laminate collection, during Domotex Asia in Shanghai March 28th though March 30th.
Miami, FL, March 22, 2006--BR-111 Exotic Hardwood Flooring added four new products to its Triangulo Engineered line. The premium line comes in five Brazilian species and seven new SKUs, says Jason Strong, vice president of sales and marketing at BR-111.
Eglisau, Switzerland, March 22, 2006--Forbo increased its sales in 2005 by CHF 79.7 million ($US 61.2M) to CHF 1,702.0 million ($US1.3B This equates to an improvement of 4.9 %, or 4.4 % in local currency.