Dixie Group Anticipates Loss, Begins Cost Cutting
Chattanooga, TN, Oct. 9, 2008 -- The Dixie Group Inc. said that third quarter earnings won't meet analyst expectations.
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.
Tandus Honors County Recycling Effort
Dalton, GA, Oct. 2008 – Tandus has recognized Barrow County Board of Education with its Environmental Stewardship Award for the board’s commitment to recycling.
Shaw Closing Trenton, Georgia Yarn Facility
Dalton, GA, Oct. 9, 2008 – Shaw Industries said it will close a spun yarn facility in Trenton, Ga.
Mannington Denies Metroflor Patent Claim
Salem, NJ, Oct. 10, 2008--Mannington says its Adura LocnGo flooring does not infringe on Metroflor's patent, despite Metroflor's claims.
Hakatai Joins U.S. Green Building Council
Ashland, OR, Oct. 10, 2008--Hakatai said it is now a member of the U.S. Green Building Council, sponsor of the Leadership in Energy and Environmental Design certification program.
Consumer Borrowing Tanks as Credit Market Freezes
Washington, DC, Oct. 9, 2008--Consumer borrowing unexpectedly fell in August by the most on record as banks shut off access to loans, a report from the Federal Reserve showed.
Välinge Signs Brazilian Wood Flooring Firm
Viken, Sweden, Oct. 9, 2008--Välinge Innovation has signed a global license agreement with Triangulo Pisos e Paineis LTDA for use of its locking system.
Initial Jobless Claims Fall But Still Too High
Washington, DC, Oct. 9, 2008--Initial jobless claims for unemployment benefits dropped last week from a seven-year high, the Labor Department said Thursday, though they remain at elevated levels that indicate recession.
Amtico Resilient in New James Bond Movie
Coventry, UK, Oct. 9, 2008--Resilient flooring manufacturer Amtico International has supplied flooring for the new James Bond movie Quantum of Solace, according to the Birmingham Post.
Consumer Confidence Plunges Along With Wall Street
New York, NY, Oct. 9, 2008--The implosion of Wall Street and the spreading economic crisis have taken a heavy toll on consumers, driving their confidence back down after a brief rally the past two months.