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.
Lancaster, PA, October 27, 2006--A director of the recently reorganized Armstrong World Industries has resigned from the company's board after only three weeks of service, according to a filing with the Securities & Exchange Commission.
Washington, DC, October 26, 2006--Sales of new homes in September unexpectedly rose 5.3% to a seasonally adjusted annual rate of 1.075 million, according to the Commerce Department.
Scottsboro, AL, October 26, 2006--The Grace Plant, which is part of Shaw Industry’s operations at Stevenson, will close, according to Julius Shaw, executive vice president of the company.
Calhoun, GA, October 26, 2006--Mohawk Industries in the third quarter reported net earnings of $127.7 million and earnings per share (EPS) of $1.88, both of which were up 10% above last year.
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Trelleborg, Sweden, October 25, 2006--Pergo in the third quarter reported a loss of SEK -47 million, (US$6.4M) vs. profit of SEK 18 million, (US$2.5M) on sales of SEK 683 million, (US$93.3M), vs. SEK 769 million, (US$105.1M).
Dalton, GA, October 25, 2006--Shaw Industries' carpet tile manufacturing facility in Cartersville, Georgia recently received ISO 14001 certification.
Washington, DC, October 25, 2006-- Existing-home sales eased last month, as did the number of homes available for sale-indicating the housing market is stabilizing, according to the National Association of Realtors.
Atlanta, GA, October 25, 2006--Interface, Inc. in the third quarter reported sales that increased 18.4% to $270.6 million from $228.5 million in the third quarter of 2005.
Los Angeles, CA, October 24, 2006--Three officers of Cover-All, a multistate flooring and carpet installation company have been charged with defrauding the state's biggest workers' compensation insurer of nearly $11 million.