Weekly Mortgage Rates Down
Mclean, VA, August 9, 2006--Mortgage rates dropped again during the week ended August 3 and August 4, and experts say there is reason to hope that home mortgage rates will continue to ease.
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.
Federated to Redefine Department Stores
Cincinnati, OH, August 10, 2006--Federated is betting it can change how shoppers feel about department stores as it absorbs former May Co. shops and turns its Macy's chain into a national brand with more than 800 stores.
Dystar Acquires Boehme Group
August 10 2006--Dystar Corp, the world's largest textile and printed dyes manufacturer, completed its acquisition of the Boehme Group yesterday.
Surfaces '07 92% Sold Out
Dallas, TX, August 9, 2006--Hanley Wood, the owner of Surfaces the trade show said that as the sales effort for Surfaces 2007 gets under way, it’s clear that the industry is more committed than ever to its most important event.
Tarkett Latest to Raise Prices
Whitehall, PA, August 9, 2006--Tarkett announced today that they will raise prices on select residential sheet vinyl and FiberFloor products.
Mohawk’s Ed Williams to Retire
Dalton, GA, August 7, 2006--Ed Williams, senior vice president of marketing at Mohawk Industries, has announced his plans to retire, his career in the carpet industry spans more than 40 years. He began with Evans & Black Carpet Company in 1964, rising th
Berkshire and Shaw's 2Q Earnings Up
Omaha, NE, August 7, 2006--Berkshire Hathaway Inc., said second quarter earnings rose 62 percent as investments benefited from higher U.S. interest rates and a weakening dollar.
Shaw Transport Joins EPA SmartWayK
Dalton, GA, August 4, 2006--Shaw Transport, Inc., Shaw Industries’ trucking fleet, was accepted into the U.S. Environmental Protection Agency’s SmartWayK Transport Partner program.
Tarkett's German Shareholders Squeezed Out
Nanterre, France, August 3, 2006--As planned, Tarkett SA, the French-based holding for the international floor coverings manufacturer, has squeezed out minority shareholders of its German subsidiary Tarkett AG.
Congoleum Hikes Prices 4%
Mercerville, NJ, August 2, 2006--Congoleum today announced that due to continuing raw material price increases as well as escalating energy costs, the company will implement a 4% price increase on all residential and commercial resilient sheet and tile pr