Armstrong to Close Hardwood Plant
Nashville, TN, November 14, 2006--A slow down in home building nationwide is being blamed in part for the pending shutdown of Armstrong World Industries hardwood flooring plant in Nashville.
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.
Interface, Inc. Closes Public Offering
Atlanta, GA, November 10, 2006--Interface, Inc. (Nasdaq: IFSIA - News), a worldwide floorcoverings and fabrics company, today closes its public offering of 5,750,000 shares of Class A Common Stock.
Beaulieu and GE Launch America’s Carpet Card
Dalton, GA, November 9, 2006--GE Money - Sales Finance and Beaulieu of America have signed a five-year agreement to introduce a new consumer financing program, America’s Carpet Card.
Consumer Seniment Off in November
New York, NY, November 10, 2006--Consumer sentiment weakened slightly in early November, a report showed Thursday.
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.