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.
New York, NY, May 24--Standard & Poor's Ratings Services said today that it raised its corporate credit and unsecured debt ratings on floorcoverings giant Mohawk Industries Inc. to 'BBB+' from 'BBB'. The outlook for the Calhoun, GA-bas
Tucson, AZ, May 24--For small companies, recently revised white-collar overtime rules may be a shock. Many don't have human resource departments or legal teams to pore through 154 pages of job definitions, according to the Tucson Citizen.
Atlanta, GA, May 21--After three years struggling to fill rooms, the national hotel industry is expected to recover lost business and recoup lost revenue in 2004, according to the Atlanta Journal-Constitution.
Chattanooga, TN, May 21--A Chattanooga maker of foam used in bedding, furniture and carpet backing is embarking on a nearly $3 million expansion and swelling its work force by up to 30 employees, according to the Chattanooga Times/Free Press.
Washington, DC, May 21--An unexpected quickening in the pace of price increases in the past two months is challenging the Federal Reserve's plan to raise short-term interest rates only slowly from today's 46-year lows.
Dalton, GA - May 20, 2004 - The Carpet and Rug Institute (CRI) announces the release of two new maintenance publications.
Chattanooga, TN, May 20--Invista, a nylon and Lycra manufacturer, will cut at least 175 employees at its North Access Road plant in Hixson, company officials said, according to the Chattanooga Times/Free Press.
New York, NY, May 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators increased 0.1% in April, following a 0.8% increase in March and no change in February.
Holland, MI, May 20--Puzzles are known to give people headaches. Straining to visualize the final picture, people spend hours fitting the pieces, according to the Holland Sentinel.
Lancaster, PA., May 20 -- Armstrong Flooring’s 2004 spring laminate launch promises to drive consumer demand at multiple price points with dramatic, new designs and two new collections.