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.
Kennesaw, GA, February 19, 2008--Invista is investing in a multi-million-dollar advanced development pilot facility at its Kingston, Ontario, nylon manufacturing facility. The new facility will support Invista’s growth in North America, Europe and Asia.
Clinton, SC, February 19, 2008--John Patterson has been named vice president of sales for Anderson Hardwood Floors.
St. Louis, MO, February 18, 2008– The National Wood Flooring Association Industry Research Foundation has released a life cycle analysis for solid hardwood flooring.
Linwood, PA, February 19, 2008--Foamex International Inc. said that it expects earnings for Foamex L.P., the company’s primary operating subsidiary, to be in compliance with its financial covenants.
Calabasas, NY, February 18, 2008--Countrywide Financial Corp. said the foreclosure rate on the mortgages it services nearly doubled in January from the previous year.
Houston, TX, February 15, 2008--Tarkett said it will raise prices on its commercial resilient tile.
New York, NY, February 18, 2008--Solutia's bankruptcy lenders who are being sued for backing out of the deal could have a difficult time addressing the main issue in the case, a law professor told ICIS News.
Auckland, New Zealand, February 18, 2008--Carpet maker Cavalier Corporation said profits rose 7 percent for the second half of the year ended in December.
London, England, February 18, 2008-- Low & Bonar Plc, the U.K. flooring and fabrics maker with U.S. operations, said full-year profit almost doubled due to its acquisitions to expand in textiles.
Ann Arbor, MI, February 15, 2008--U.S. consumer sentiment fell in February, according to the consumer sentiment survey released Friday by University of Michigan and Reuters.