Mohawk Launches FloorCare Essentials Network
Adairsville, GA, July 25, 2007--Mohawk Industries has a vested interest in proper floor care. So do 35,000 retailers.
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.
Ethan Allen 4Q Earnings Down 9%
Danbury, CT, July 25, 2007--Ethan Allen Interiors reported a 9% drop in fourth-quarter earnings, but hit analysts' profit estimate.
22% of World's Population Expected Online by 2011
New York, NY, July 25, 2007—JupiterResearch has found the worldwide online population will increase from 1.1 billion users in 2006 to 1.5 billion in 2011, representing 22% of the overall worldwide population in that year.
Solutia Shareholders Seek End of Exclusivity Perio
New York, NY, July 25, 2007—Solutia shareholders say they're "ready, willing and able" to come up with a reorganization plan superior to the chemical company's own, and are asking a bankruptcy court to clear the way for them to do so.
Mortgage Apps Hit 5 Month Low
Washington, DC, July 25, 2007--Mortgage loan application volume dropped by 3.6% to 609.on a seasonally adjusted basis for week ending July 20 from the prior week, according to the Mortgage Bankers Association.
CD&R Completes ServiceMaster Transaction
Memphis, TN, July 25, 2007--Clayton, Dubilier & Rice said it has completed a merger transaction providing for the acquisition of The ServiceMaster Co.
Foamex to Integrate Eddystone Operation into Fort
Linwood, PA, July 25, 2007--Foamex said it is expanding the capacity of its Fort Wayne, Indiana facility, which will allow its technical products business to integrate its Eddystone, Pennsylvania plant operations into the Fort Wayne facility.
Tarkett Upgrades CortinaStone
Houston, TX, July 25, 2007--Today Tarkett Commercial announced the launch of the new and improved CortinaStone, a commercial resilient tile.
Centex Post 1Q Loss
Dallas, TX, July 25, 2007--Centex Corp. reported a loss in first fiscal quarter, the result of charges and fewer home sales.
Q.E.P to Open Operation in China
Boca, Raton, FL, July 23, 2007--The People's Republic of China has given Q.E.P. Co. final approval to establish a wholly-owned subsidiary in Shanghai.