Mohawk’s 1Q Earnings Up 6%
Calhoun, GA, April 21--Mohawk Industries in the first quarter reported net earnings that were up 6% to $70.2 million, or $1.03 per share an increase of 5% above last year.
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.
Leading Economic Index Declines
New York, April 21--The Conference Board reported today that the Composite Index of Leading Economic Indicators declined 0.4 percent in March, following a 0.1 percent increase in February, and a 0.3 percent decline in January.
Tarkett Commercial Launches New Linoleum Colors
Houston, TX, April 21--Tarkett Commercial announced today the complete redesign of its Linoleum line. With input from designers throughout the U.S., the new line now includes four distinct collections.
Asbestos Bill to be Introduced This Week
Washington, DC, April 20--Sen. Arlen Specter said he would introduce legislation for a $140 billion U.S. asbestos compensation fund on Tuesday, despite objection to some aspects of the plan by fellow Republicans on the Senate Judiciary Committee.
Invista Launches Antron with StainResist
Atlanta, GA, April 20--Invista, the manufacturer of Antron carpet fiber, today announced the launch of its new patented technology, Antron with StainResist.
Sturrus Named New President at Pergo AB
Trelleborg, Sweden, April 19--The board of directors of Pergo AB has appointed Tony Sturrus as new CEO and president of the company.
Housing Starts Drop 17.6% in March
Washington, DC, April 19--Housing starts were off by 17.6 percent in March, according to a report from the Commerce Department.
Pergo AB Posts Q1 Operating Profit of $3.2M
Trelleborg, Sweden, April 18--Pergo AB reported first quarter report operating profit of SEK23m ($3.2 million), as compared to a loss of SEK233m ($32.9 million) in the first quarter of 2004.
Mannington’s Laminate Plant Completes ISO Audit
Salem, NJ, April 18--Mannington Mills announced today that their Laminate Flooring Operation has completed its annual ISO 9001:2000 surveillance audit with zero discrepancies.
Tarkett AG Reports 2004 Financials
Frankenthal, Germany, April 15--For the business year 2004, Tarkett AG recorded a turnover of 1,436.8 million Euro ($1.84B) compared to 1,394.3 million Euro ($1,79B) in the previous year.