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.

Mohawk to Build New Facilities in Georgia - Update

Calhoun, GA, June 18---Mohawk Industries said Thursday it will invest $33 million in two new assembly and distribution centers in Calhoun, Ga. Mohawk’s corporate headquarters are located in Calhoun as are many of the company’s assets.

Tandus Announces First Quarter Earnings

Dalton, GA, June 17--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and subsidiaries, announced its financial results for the first quarter (13 weeks) ended May 1, 2004.

Producer Prices Jump in May

Washington, DC, June 17--Wholesale prices climbed at the fastest pace in 14 months in May as food prices accelerated, indicating the global economic recovery is fueling inflation.

Housing Starts Decline in May

Washington, DC, June 16--Home-building activity declined moderately in May as rising mortgage rates began impacting the red-hot housing sector.

Lennar’s 2nd Quarter Earnings Up 26%

Miami, FL, June 16--Homebuilder Lennar Corp. said on Tuesday that its second-quarter earnings rose 26 percent because of improved homebuilding gross margins and strong land sales.