Quarterly Earnings Off at Furniture Companies
Charlotte, July 2--Earnings for the largest U.S. residential furniture companies declined in the most recent quarter from a year earlier as manufacturers took downtime in the face of weak orders.
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.
Dow CEO Talks Sustainability
Midland, MI, July 2--Dow Chemical Company's president and CEO, Bill Stavropoulos discussed the company's commitment to sustainable development and his views on the subject this morning.
Sphinx to Intro New Machine and Handmades in Atlan
Dalton, July 2--Sphinx by Oriental Weavers will introduce nine new collections at the Atlanta Rug Market this month. Sphinx showcases modern color combinations and attention to detail in each rug, adding new dimensions to existing Sphinx collections.
Great Lakes Intros New Stabilizer Solutions For PP
Chicago, July 2--Great Lakes Chemical Corp. announced the launch of Anox(TM) FiberPlus polymer stabilizer blends, a solution-focused concept for the process stabilization of polypropylene fibers.
Carpetright’s CEO Yields to Critics over Laminates
Rainham, Essex, UK, July 2--Lord Harris of Peckham, chairman and chief executive of UK-based carpet and floor coverings retailer Carpetright, yesterday held up his hands and took the blame for the group's late launch into the ever-growing laminated fl
Hartzell Begins Warehouse Addition
Piqus, OH--Hartzell Hardwoods this week announced a $400,000 addition now under construction at its business on South Roosevelt Avenue, as reported in the Dayton Daily News
Formica Gains Court Approval for Investment Propos
Warren, NJ, July 2--Formica Corp. today announced that the U.S. Bankruptcy Court has approved the Stock Purchase Agreement involving the Company and all of its subsidiaries with an investment group sponsored by Cerberus Capital Management L.P. and Oaktree
Home Depot's Nardelli Says Size an Advantage
Atlanta, July 1--Home Depot Chairman and Chief Executive Bob Nardelli said Monday that the country's largest home improvement retailer will use its increasing size and improving service to fend off the aggressive growth of top rival Lowe's, as rep
Interface’s Biomorph Captures the Gold at NeoCon
Atlanta, June 30--Interface Flooring Systems’ Biomorph won the Gold Award in the modular carpet category of the 2003 Best of NeoCon® Awards, sponsored annually by Contract magazine, The International Interior Design Association (IIDA) and Merchandise Mart
Australian Firm Debuts New Concrete Flooring
Sydney, Australia, June 27--CSR Hebel has launched SoundFloor, an ecologically sound flooring system that is created from Hebel, an Autoclaved Aerated Concrete (AAC) panel...