Today's Flooring News

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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.

Mohawk Set to Sell $1.4B Notes

Calhoun, GA, January 10, 2006--Mohawk Industries Inc., plans to sell $1.4 billion notes in a two-part offering this week, market sources said on Monday.

Cavalier Expects 4Q Sales Increase

Addison, AL, January 10, 2006--Manufactured housing company Cavalier Homes announced that it expects to report total revenue of approximately $97-$100 million for the fourth quarter of 2005 that ended December 31.

UK’s Topps Sales Off, Earnings Up

London, England, January 10, 2006--Ceramic tile and wood flooring specialist Topps Tiles saw sales fall 4.4% during the first 13 weeks of its current financial year.

D.R. Horton New Home Orders Up 19%

Fort Worth, TX, January 10, 2006--D.R. Horton Inc., the largest U.S. home builder, on Tuesday said orders for new homes rose nearly 19 percent in the latest quarter.

Saks May Sell Parisian

Birmingham, AL, January 10, 2006-- Saks Inc., shook up top management on Monday and said it may put its 40-store Parisian department store chain on the block.

QuickStep Hosts Plant Tour for CMH Reps

Thomasville, NC, January 10, 2006--For QuickStep, the year 2005 was anything but average. The glueless laminate producer introduced new cutting edge designs, saw mounting sales and celebrated the grand opening of its high tech facility in Thomasville, Nor

Faus Signs Bishop Distributing

Dalton, GA, January 10, 2006--Faus Group, Inc., said today they have signed an agreement with Bishop Distributing to begin distribution of the Fausfloor laminate flooring program in January 2006.

Soderqvist Leaves Pergo

Malmo, Sweden, January 9, 2006--Staffan Soderqvist, CFO and deputy CEO of Pergo AB has been appointed to the post of president of the market division Asia/Pacific at Telelogic, a provider of software solutions.