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.

Solutia to Raise Nylon Fiber Price

St. Louis, MO, Feb. 5--Solutia Inc. has announced a price increase on nylon carpet fiber for the contract carpet market segment.

Collins & Aikman's CFO Steps Down

Dalton, GA, Feb. 6--Collins & Aikman Floorcoverings, Inc. a Tandus company, today announced that Darrel V. McCay is leaving his positions as Vice President, Chief Financial Officer, and Secretary of C&A.

Linens 'n Things Quarterly Profit Up

Clifton, NJ, Feb. 4--Linens 'n Things Inc. on Wednesday said quarterly profit rose nearly 15 percent.

Major Retailers Report Strong January Sales

New York, NY, Feb. 5--Record-breaking cold temperatures and clearance sales helped lift January sales above expectations for many of the nation's retailers.

Worker Productivity Slowed at Year End

Washington, DC, Feb. 5--The productivity of American workers slowed in the fourth quarter.

Condo Sales Break Annual Record

Washington, DC, Feb. 4--Sales of existing condominiums and cooperatives surged to another annual record in 2003.

Interface Announces Closing of Debt Refinancing

Atlanta, GA, Feb. 4--Interface, Inc. today announced the closing of its private offering of $135 million aggregate principal amount of 9 1/2% senior subordinated notes.

AmericasMart Receives Think Big Award

Atlanta, February, 5--AmericasMart has been awarded Nebraska Furniture Mart’s inaugural Think Big Award according to Jeffrey L. Portman, president of AmericasMart parent AMC, Inc.

Additional Invista Leaders Announced

Wichita, KS, Feb. 5--Additional leaders have accepted key roles in the new Invista organization, pending successful completion of the Invista sale to KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, Inc.

Formica Retirees Plan to Fight Cut

Cincinnati, OH, Feb. 5--Retirees of Formica Corp. are mobilizing to fight a company decision to reduce a portion of their pensions.