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.
Chattanooga, TN, April 30, 2009--The Dixie Group, Inc. reported a net loss of $35,557,000, or $2.91 per share, for the first quarter compared with net income of $13,000, or $0.00 per share, for the first quarter of 2008.
Lancaster, PA, April 30, 2009--Armstrong World Industries reported that first quarter adjusted operating income from continuing operations of $3.2 million decreased 93 percent from $43.8 million a year ago.
Dalton, GA, April 29, 2009--Robert Shaw, retired founder and former CEO of Shaw Industries, now owns 12 percent of the common stock of carpet maker Dixie Group Inc.
Greenville, SC, April 29, 2009--William M. Bird and Company Inc. and Kraus Inc. have formed a strategic alliance.
Chattanooga, TN, April 29, 2009 – Chattanooga-based Propex Holding LLC has named Stan Brant, Jr. president and CEO.
Midland, MI, April 30, 2009--Dow Chemical Co. said its first-quarter profit fell 97 percent because of falling sales, job cuts, and the acquisition of specialty chemicals company Rohm & Haas.
Shippenville, PA, April 28, 2009--Clarion Laminates has appointed Michael Babula vice president of sales and marketing.
Washington, DC, April 30, 2009--Consumer spending took a step back in March after two steps forward in January, government data showed.
Washington, DC, April 30, 2009--The Federal Reserve on Wednesday painted a less gloomy picture of the economy in its latest Beige Book, an anecdotal view of the economy in the central bank's 12 U.S. districts.
Viken, Sweden, April 29, 2009--Chinese wood parquet producer Sihe Wood has signed a license for Välinge’s 5G fold down system.