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.
Washington, DC, January 5, 2006--The number of people filing for unemployment benefits dropped by 35,000 to a seasonally adjusted 291,000 in the week ending Dec. 31, the lowest since September 2000, according to a Labor Department report.
Dalton, GA, January 5, 2006--Mohawk laminate introductions for 2006 feature a new locking system and rich, bold styling with lots of texture designed to appeal to a broad spectrum of buyers.
Cork, Ireland, January 5, 2006--Tile chain Right Price Tiles has bought Tiles R Us in Britain, in its first foray across the Irish Sea. The value of the deal has not been disclosed but Tiles R Us went into administration last month with debts of 15 millio
Chicago, IL, January 5, 2006--Job cuts by U.S. corporations increased 3.1% in 2005 to 1.07 million, the first annual increase since 2001, outplacement firm Challenger Gray & Christmas said Thursday.
Washington, DC, January 4, 2006--Factories rose 2.5 percent in November, in line with forecasts, as strong demand for civilian aircraft offset weakness in cars and machinery, a Commerce Department report showed on Wednesday.
King of Prussia, PA, January 4, 2006--NewSpring Capital’s mezzanine fund, NewSpring Mezzanine Capital, L.P., has provided $3.5 million to assist management in acquiring the assets of Janitex Rug Service Corporation.
Washington, DC, January 4, 2006--Antitrust authorities said on Tuesday they approved plans by Linens 'n Things Inc., to be taken over by private equity firm Apollo Management L.P., and its affiliates.
Dalton, GA, January 4, 2006--Not all of Mohawk’s new carpet innovations are on the visible side of the carpet. One of the most important is one that consumers may never see.
New York, NY, January 4, 2006--J.P. Morgan cut retailer Lowe's Companies to neutral from overweight, citing a slowdown in home sales.
Dalton, GA, January 4, 2006--Faus Group, Inc., has announced the appointed two key members of their management team.