Consumer Seniment Off in November
New York, NY, November 10, 2006--Consumer sentiment weakened slightly in early November, a report showed Thursday.
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.
CRI Survey: Consumer Attitudes Improve Toward Carp
Dalton, GA, November 9, 2006--The Carpet and Rug Institute released the results of a nationwide survey gauging consumers attitudes about flooring.
LG Chem Signs Licence Agreement with Valinge
Viken, Sweden, November 08, 2006--LG Chem Ltd has entered into a licence agreement with Välinge Innovation AB.
Mohawk to Close Tennessee Ceramic Plant
Washington, DC, November 7, 2006--Mohawk Industries said in its quarterly report filed with the Securities and Exchange Commission Monday that it will close its Jackson, Tennessee, mosaic tile plant incurring a $4 million charge in the process.
Dixie’s Earnings Up in 3Q
Chattanooga, TN, November 7, 2006--The Dixie Group in the third quarter reported net income, including discontinued operations, of $2.6 million, or $0.20 per diluted share, compared with net income of $1.2 million, or $0.09 per diluted share, for the thir
Mannington Incorporates Recycled Drywall into Floo
Salem, NJ, November 7, 2006--In its ongoing quest to be a net user of waste, Mannington has developed resilient tile flooring containing gypsum from a unique source - recycled post-consumer drywall.
Home Depot, Lowe's Downgraded on Weak Housing
New York, NY, November 6, 2006--Shares of Home Depot and Lowe's could come under pressure in trading today after UBS downgraded the home improvement chains to reduce from neutral.
Payroll Up 92,000, Jobless Rate Down
Washington, DC, November 3, 2006--Nonfarm payrolls grew 92,000 in October and the unemployment rate fell to 4.4%, according to the Labor Department.
Armstrong Mulling Plant in Mexico
Lancaster, PA, November 2, 2006--Armstrong World Industries might build its first factory south of the border, its chief executive officer says. But paying a stock dividend is not on the horizon.
Springs Industries Sells Rug Business
Fort Mill, SC, November 2, 2006--Springs Industries, based in Fort Mill, said Wednesday it has sold its area rugs business to C.S. Brooks World Carpets of Canada.