Carpetright May Go Private
Lord Harris of Peckham, or the Carpet King as he is more commonly known in south London, was giving nothing away today on his plans to take Carpetright private in a £900m buyout.
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.
Mohawk to Buy Columbia Flooring Assets
Calhoun, GA, June 26, 2007--Mohawk said today that it has entered into an asset purchase agreement with Columbia Forest Products for wood flooring plants and working capital.
Carpetright Annual Earnings Inch Up
Rainham, England, June 26, 2007--Carpetright reports pretax profits up 4.4% from £64.2m to £67m in the 52 weeks to 28 April, although the underlying growth, stripping out property profits, was only 1.8%.
Mohawk Closing Rome Tufting Operations
Rome, GA, June 26, 2007--Mohawk Industries intends to close the tufting operation in Rome as part of a larger consolidation effort.
Existing Home Sales Off 0.3% in May
Washington, DC, June 25, 2007--Existing-home sales – including single-family, townhomes, condominiums and co-ops – eased by 0.3 percent to a seasonally adjusted annual rate1 of 5.99 million units in May.
Milliken Carpet Contributes to Library Makeover
Lagrange, GA, June 25, 2007-- Milliken Contract Carpet has partnered with Library Journal magazine to contribute to the third annual library makeover.
Chicago Fed Activity Index Improves in May
Washington, DC, June 25, 2007-- The Chicago Fed said its National Activity Index was -0.22 in May against April's downwardly revised -0.30 reading. April was initially reported at -0.10.
comScore Releases May Search Engine Rankings
Reston, VA, June 25, 2007--comScore, a leader in measuring the digital world, today released its monthly qSearch analysis of activity across competitive search engines.
AIA Outreach Efforts Earn Award
Washington, DC, June 25, 2007--Two public outreach efforts of The American Institute of Architects (AIA), the Blueprint for America nationwide community service initiativeearned an Award of Excellence in the 2007 Associations Advance America Awards.
CRI to Host CO2 Seminar
Dalton, GA, June 25, 2007— The Carpet and Rug Institute will hosts a seminar on CO2 emissions implications for the Carpet Industry.