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.
Atlanta, GA July 10, 2006--Home Depot chairman and chief executive Bob Nardelli has been under fire recently for a variety of issues. Among those issues are the company’s lagging share price, his pay package and most recently the company’s May shareholder
Washington, DC, July 7, 2006--Job growth increased modestly in June, according to the Labor Department. Nonfarm payrolls expanded by 121,000 during the month, lower than the 174,000 expected by economists.
Dallas, TX, July 6, 2006--On July 3rd 2006 the United States International Trade Commission (ITC) has issued a favorable decision in the case entitled “Certain Laminated Flooring Panels” brought by the Unilin group against 32 defendants.
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.