Mortimer Resigns as Propex CEO
Austell, GA, May 17--Bradford T. Mortimer has resigned as Director, President and CEO of Propex Fabrics Inc., effective May 16, 2005, for personal reasons.
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.
Reclaimed Flooring Company Converts Waste to Energ
Ruckersville, VA, May 16--For the first time ever, a reclaimed flooring company will transform sawdust and wood chips from its manufacturing processes into fuel to power on-site drying kilns.
CARE Names Recycler & Person of the Year
Pine Mountain, GA, May 17-- Wellman, Inc., an international Fortune 1000 corporation based out of Fort Mill, SC, was honored last evening as Recycler of the Year at the Carpet America Recovery Effort (CARE) Third Annual Conference.
Propex Announces Revenue Rose 14.9% in 1Q
Austell, GA, May 17--Propex Fabrics that total revenue increased by 14.9% in the first quarter of 2005 to $161.5 million.
Wisconsin Wood Flooring Producer Gets Expansion Gr
Shawano, WI, May 16--Owens Forest Products Co. will receive a $350,000 Community Development Block Grant loan from the Wisconsin Department of Commerce to help expand their operations in Shawano.
Mapei Named Lowe’s Supplier of Year
Deerfield Beach, FL, May 16—-Mapei Corp. was named home-improvement retailer Lowe's flooring-division supplier of the year for 2004.
UPS to Buy Overnite for $1.25B in Cash
Atlanta, GA, May 16--United Parcel Service said it agreed to acquire Overnite Corp. for about $1.25 billion in cash to expand its ground freight services in North America.
Ladd Named Hospitality Sales VP at Beaulieu
Adairsville, GA, May 16--Steve Ladd recently joined Beaulieu Commercial as Vice President of Sales & Marketing for Hospitality.
Dubai’s Merinos Carpet to Expand Globally
Dubai, United Arab Emeritus, May 16--Merinos Carpet has announced that it would be expanding its presence across the globe with the launch of a comprehensive international franchise program.
Leaver Named Flooring America’s Director of Commun
Manchester, NH, May 16--As Flooring America continues to maximize their internal talent, Tim Leaver, former regional manager of the Southwest area, was promoted to Director of Communications.