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.
Littleton, MA, January 5, 2006--About four months ago, Henry Ricard and John Trabucco decided that they would combine their separate businesses into a single shop for all manner of flooring products and services.
St. Louis, MO, January 5, 2006--Monsanto, Solutia and Pharmacia Inc., are the targets of a lawsuit by about 590 current General Electric employees in Schenectady, N.Y., Monsanto said Wednesday, according to the St. Louis Business Journal.
New York, NY, January 5, 2006--December results from the nation’s major retailers revealed a somewhat mixed bag, but overall results appeared to meet or surpass expectations.
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.