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.
St. Louis, MO, May 19--Solutia Inc. has launched the process to amend its debtor-in-possession (DIP) financing to improve pricing. The amendment would also provide for a six-month extension of the facility, through June 19, 2006.
New York, NY, May 19--The Conference Board announced today that the U.S. leading index decreased 0.2 percent, the coincident index increased 0.2 percent and the lagging index increased 0.4 percent in April.
Dalton, GA, May 19--FloorTek, sponsored by the Dalton-based American Floorcovering Alliance, presented its Best of FloorTek awards to honor individuals and companies in the industry.
Los Angeles, CA, May 19--Kathy Ireland and Shaw Industries are expanding their association to make affordable wall-to-wall safe from stains...as long as it's from the revolutionary new ClearTouch carpet collection.
Atlanta, GA, May 19--Annually during the July Atlanta International Area Rug Market, the nation’s premier area rug retailers are recognized and honored through AmericasMart’s acclaimed Rug Retailer of the Year Awards (ROY Awards).
Ghent, NY, May 19—-Fabulous Floors magazine has launched a website to give designers, consumers, architects, builders and fashion-conscious members of the industry access to the latest flooring styles.
New York, NY, May 18--A number of strong earnings reports from home improvement, office supplies and clothing retailers on Tuesday showed that higher oil prices are not hurting consumer spending as much as expected.
Paris, France, May 18--An exhibition of Iranian handwoven carpets kicked off here on Tuesday.
Portsmouth, NH, May 18--Lodging Econometrics reported in the latest edition of its subscription Lodging Development Forecast and Trends Report that total projects in the construction pipeline at the end of 1Q 05 were 2,388 hotels having 322,177 rooms, the
Troy, MI, May 18--Collins & Aikman Corp. filed for Chapter 11 bankruptcy protection Tuesday, the latest auto supplier to fall victim in a climate of high costs and stiff competition.