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.
Calhoun, GA – Faus Group, Inc. (“Faus”) announced today the Georgia Department of Economic Development will train workers for the company’s Calhoun manufacturing facility under the state’s QuickStart program.
Paris, France, July 5, 2006---The majority shareholder of German floor-covering maker Tarkett AG is seeking a financial partner to help buy out minority shareholders.
Chattanooga, TN, July 3, 2006--According to the Chattanooga Times Free Press, the Shaw Industries plant in South Pittsburg, Tennessee, which once produced nylon is up and running again, officials said recently.
Dalton, GA, June 30, 2006--Julian D. Saul, President of Shaw Industries, has announced his retirement effective July 14, 2006. He will relinquish his day to day duties but will remain a consultant to the company.
Lakeland, FL, June 30, 2006--Florida Tile Inc., announced plans to make a major investment in a state-of- the-art porcelain tile production line at their Lawrenceburg, Kentucky facility.
London, England, June 28, 2006--According to a report in the Financial Times, Tarkett has decided to sell Tecsom, its wall-to-wall carpet division, to Swiss group Enia Carpet.
Anaheim, CA: June 28, 2006--After 19 years of service supporting the growth of credit within the floor covering industry, the Floor Covering Consumer Credit Association (FLEX) will cease operations on June 30, 2006.
Atlanta, GA, June 23, 2006--Home Depot, said Friday that the Securities and Exchange Commission had begun an informal inquiry into its stock-option practices and procedures.
Washington, DC, June 26, 2006--Sales of new homes unexpectedly increased 4.6% to a seasonally adjusted annualized rate of 1.234 million in May, the Commerce Department estimated Monday. Sales were running at the fastest pace since December.
Atlanta, GA, June 23, 2006--Home Depot disclosed Friday that the Securities and Exchange Commission had begun an informal inquiry into its practices for granting stock options.