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.
Fort Payne, AL, November 24--Officials with Kronospan, a German-based wood flooring company, have officially announced it will not locate a large industrial plant in Fort Payne, saying the project simply grew too big for the area to accommodate.
Zurich, Switzerland, November 23-- The international private equity company CVC Capital Partners is planning to acquire Swiss Forbo Group for a price of SFR 330 per share ($2.85) for a total ttransaction value of ca SFR 450 M ($215.6M).
Lancaster, PA, November 19--Armstrong announced it will initiate an average five percent price increase on selected engineered and other hardwood products within its Bruce, Hartco and Robbins hardwood floors brands, effective with shipments on January 1,
Dalton, GA, November 18--According to Mohawk Industries, its new SmartStrand fiber made with DuPont’s Sorona Polymer is the "biggest fiber innovation in 20 years."
Birmingham, AL,, October 15--The fire Tuesday evening at Flooring Creations off Messer Airport Highway, according to investigators, was fueled by chemicals and material inside the warehouse, which made the fire even more dangerous, according to NINN.
Washington, DC, October 8—The economy added 96,000 workers in September and the jobless rate was unchanged at 5.4 percent, the Labor Department said Friday.
Waynsboro, VA, August 17-- Dozens of employees at the Invista plant in Waynesboro could soon be losing their jobs, according to the Augusta Virginia Free Press.
Anniston, AL, August 4--USA - Dirt around a vacant, yellow house on the corner of 11th Street and McDaniel Avenue in western Anniston was dug up and moved out Monday, marking the beginning of PCBs cleanup that will affect hundreds of residences over the n
Danville, VA, August 2— Columbia Flooring is expanding its facility in Danville, Virginia.
Minneapolis, MN, July 30—Target Corp. said it will sell its struggling Mervyn's discount department-store chain to a group of private-investment firms for about $1.65 billion.