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.
South Mall, Ireland, December 26, 2006--The founder of Carpetright is planning a shake-up at the retail group which will see the dual role of chairman and chief executive split, according to a report.
St. Louis, MO, December 22, 2006--Solutia Inc. will seek bankruptcy court approval of a raise for Chief Executive Jeffry Quinn, according to a regulatory filing Wednesday.
Dalton, GA, December 21, 2006--Beginning in 2007, Mohawk Industries will require that carpet care products used to clean its carpets have the Carpet and Rug Institute’s Seal of Approval.
Washington, DC, December 21, 2006--After consecutive months of very modest growth, the Architecture Billings Index (ABI) saw a considerable jump in November to its second highest reading of the year.
Washington, DC, December 19, 2006--Producer prices rose much more than expected in November, as the core producer price index rose by the most since July 1980, the Labor Department said.
Atlanta, GA, December 14, 2006--Home Depot said its board of directors has authorized the immediate repurchase of $3 billion of outstanding shares through an accelerated share repurchase agreement.
St. Louis, MO, December 15, 2006--Solutia Inc. said it has received a fully underwritten commitment for $1.075 billion of debtor-in-possession (DIP) financing, maturing March 31, 2008.
Dalton, GA, December 15, 2006--Shaw’s Hard Surface division will be enhancing its product line in 2007 with a host of new laminate, hardwood and ceramic styles.
Washington, DC, December 13, 2006--Retail sales increased by 1% in November, the largest gain since July, according to a Commerce Department report.
Dalton, GA, December 11, 2006--C&A Floorcoverings, a Tandus company, said it’s meeting the goals of the Energy Policy Act of 2005 by replacing diesel used in its commercial boilers with 100% biodiesel, a renewable energy source manufactured by Soymet, LLC