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.
Eglisau/Zurich, Switzerland, December 15- Forbo Holding AG said it has successfully completed its capital increase, raising gross proceeds of 200 mln sfr ($175.3 million) for the further development of its adhesives, belting and flooring businesses.
Lancaster, PA, December 14--Armstrong Floor Products has expanded its offering of resilient residential sheet flooring for home builders and property managers interested in increased design options for their residential customers.
Omaha, NE, December 15-- The board of directors of Berkshire Hathaway Inc. voted Tuesday to elect Microsoft Corp. founder Bill Gates to fill the current vacancy left by the July death of Buffett's wife, Susan.
St. Louis, December 14--Nexicor, inventor of SINCH Carpet Seaming Technology, and the International Standards and Training Alliance (INSTALL) are teaming to train apprentices and journeymen on the use of KoolGlide, a new carpet seaming system recently dev
Athens, GA, December 15--Managers with the Athens Invista facility on Voyles Road notified approximately 35 employees with the textile manufacturing facility that their jobs were eliminated, effective Monday, according to the Athens Banner-Herald.
New York, NY, December 14--Chain store retail sales rose 1.2 percent in the week ended December 11, compared with a 1.7 percent decline in the previous week, according to the International Council of Shopping Centers and UBS joint report.
Summitville, OH, December 14-- The struggling tile manufacturer Summitville Tiles announced Friday it has emerged from bankruptcy protection, according to the Lisbon Morning Journal.
Cherry Hill, NJ, December 14–-Mohawk honored Cherry Hill-headquartered Avalon Carpet Tile and Flooring with its annual Mohawk Floorscapes Dealer of the Year Award at the Mohawk national annual convention in San Francisco this month.
Ogdenburg, NY, December 14--Invista continues to investigate the explosion that occurred at 11 p.m. Thursday at its former DuPont-owned plant, Maitland, Ontario.
Rainham, England, December 14-- Carpetright PLC, the carpet and floor coverings retailer, reported a 16.5% increase in underlying interim profit and said its UK business is well positioned to continue outperforming the market.