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.
Wilmington, DE, Jun. 4--Timber Resources International, Inc. announced that pursuant to a strategic growth plan unveiled last month, the company formed a subsidiary, TRI Exotic Woods, LLC to market and sell hardwood flooring.
Pound Ridge, NY, Jun. 4--Maytag Corp said it will cut about 20% of its salaried workforce as part of a "comprehensive" restructuring to consolidate its Hoover Floor Care and Maytag Appliances operations at its corporate headquarters.
Tokyo, Japan, Jun. 4--Toray plans to expand its resin compound production facilities in China (four new production units) and Thailand (to 20,000 tons/y) by 2006.
Troy, MI, Jun. 4--Kmart Holding Corp. announced today that it has signed definitive agreements with The Home Depot, Inc., to sell up to 24 stores for a maximum purchase price of $365 million in cash.
Calhoun, GA, May 4--Mannington Commercial is introducing Taking Shape, with a design element that moves around on each modular tile creating a morphing effect, and Matters of Design, a mixture of small scale, large scale, positive exposures and negative e
Federal Way, WA, Jun. 2--What do the planting of 132 million trees, preserving endangered caribou and recovering six million tons of paper have in common?
Houston, TX, Jun. 3--North American Technologies Group, Inc. subsidiary TieTek, LLC hosted an open house on May 27 to celebrate the opening of the new Marshall, TX composite crosstie manufacturing facility.
Greeley, CO, Jun. 3--Three men robbed a 74-year-old employee of Carpets by Brent at gunpoint on Wednesday afternoon after spraying him in the face with Mace, as reported in the Greeley Tribune.
Atlanta, GA, Jun. 2--Home Depot Inc. chief executive Bob Nardelli admits the company's image has had its highs and lows, and says both are probably unjustified.
New York, NY, Jun. 3--Some of the nation’s top retailers this morning released results for May, Wal-Mart reported a 5.9% increase in May same-store sales.