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.
New York, NY, Sept. 15, 2009--Moody's Investors Service on Monday downgraded Mohawk Industries Inc.'s senior unsecured notes rating, after the floor covering maker entered into a $600 million secured ABL revolving credit facility.
Marietta, GA, Sept. 15, 2009--The Mohawk Group is expanding its free Re:work career workshop series for architects and designers who may have a job today, but are unsure about tomorrow.
New York, NY, Sept. 15, 2009--Maples Rugs has added its first recycled fiber product to its offering, using Beaulieu of America’s “Soft Green Smart” rug fiber.
Norcross, GA, Sept. 15, 2009--Reed Construction Data senior economist Jim Haughey is forecasting a decline in construction spending and project starts in the next six months.
New York, NY, Sept. 15, 2009--Home prices won't reach bottom until the end of next year’s second quarter, according to Deutsche Bank AG.
Neumarkt, Germany, Sept. 15, 2009--Pfleiderer subsidiary Uniboard said it is investing more than $2 million in a new short-cycle press at its Canadian plant in Val-d'Or.
Boston, MA, Sept. 15, 2009--MasterCard's chief financial officer on Tuesday said the global economic slowdown continues to prove "challenging" for consumers.
Ann Arbor, MI, Sept. 11, 2009--Consumer sentiment improved sharply in early September, according to the Reuters/University of Michigan index.
Atlanta, GA, Sept. 14, 2009--Modular carpet maker Interface Inc, which markets its products under the InterfaceFlor and Bentley Prince Street brands, is planning to set up a manufacturing facility in India at an investment of $30 million by 2011.
New York, NY, Sept. 14, 2009--Economic recovery in the U.S. may be the slowest since World War II, even if the most optimistic forecasts for expansion turn out to be right.