Omnova Solutions Reports Small Loss in Quarter
Fairlawn, OH, April 4, 2013 -- Omnova Solutions reported a net loss for the first quarter of $200,000 or $0.00 per share, compared to net income of $13.5 million, or $0.29 per share, a year ago.
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.
Mohawk Completes Marazzi Acquisition
Calhoun, GA, April 3, 2013 -- Mohawk said it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity.
Shaw Reclamation Facility Gets LEED Silver
Dalton, GA, April 3, 2013 -- Shaw Industries said it has achieved the USGBC’s LEED Silver designation for New Construction for its Reclaim to Energy (Re2E) process building in Dalton.
Fuse Alliance Firms Divert 9M Pounds of Carpet
Aurora, CO, April 3, 2013 -- Commercial flooring contractor network Fuse Alliance said its members diverted nearly 9 million pounds of carpet waste from landfills in 2012.
Hiring by Private Firms Slows in March
Roseland, NJ, April 3, 2013 -- Hiring by private employers slowed last month, according to the ADP Employment report.
Mohawk CEO Lorberbaum Gets Big Pay Increase
Calhoun, GA, April 3, 2013 -- Mohawk CEO Jeffrey Lorberbaum made a lot more money last year.
Services Sector Expands at Slower Pace in March
Tempe, AZ, April 3, 2013 -- The services sector of the economy expanded in March at the slowest pace in seven months, according to the Institute for Supply Management.
Vacation Home Sales Rose Last Year
Washington, DC, April 3, 2013 -- Vacation home sales rose in 2012, and investment purchases remained elevated for a second consecutive year, according to the National Association of Realtors.
Mortgage Application Volume Declines
Washington, DC, April 3, 2013 -- Mortgage application volume fell last week, as refinancing activity declined to offset higher demand for purchase loans, according to the Mortgage Bankers Association.
Organizations Offer Prize for Product Innovation
New York, NY, April 3, 2013 -- Cradle to Cradle Products Innovation Institute and Make It Right, an organization founded by actor Brad Pitt, are offering $250,000 in prize money in a Product Innovation Challenge.