East China City To Host Ceramic Fair
Zibo, China, Aug. 21--China Federation of Industry Economics, China Ceramic Industrial Association and Zibo municipal government has announced to jointly host 2003 China International Ceramic Fair
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.
Judge Wary Of Pillowtex's Liquidation Plan
Wilmington, DE, Aug. 21--Calling Pillowtex Corp.'s liquidation plan "very, very unusual," a federal bankruptcy judge on Wednesday indicated he would encourage rival bids for what's left of the Kannapolis-NC based towel maker
Home Depot Looks For Ways To Grow Revenue
Atlanta, GA, Aug. 19--Home Depot Inc. chief executive officer Robert Nardelli rewarded store managers who met sales goals last quarter with a four-wheel prize: pickup trucks painted orange to match the logo color of the world's largest home-improvemen
Domco Tarkett's Board of Directors Recommends
Farnham, Quebec, Aug. 19--Domco Tarkett Inc. announced today that its Board of Directors recommends that minority shareholders accept the revised offer of Tarkett Sommer AG announced on August 12, and tender their common shares.
Shareholder Disputes Revised Bid For Domco
Montreal, Aug. 20--The board of flooring company Domco Tarkett Inc. yesterday recommended minority shareholders accept a sweetened bid by the majority shareholder to buy them out, but one prominent investor said the revised offer is inadequate.
NC Textile Town Seeks New Businesses
Kannapolis, NC, Aug. 20--For nearly a century, Pillowtex's Plant No. 1 has dominated the heart of this mill village's downtown.
Mohawk Moves Distribution Center To Hanover, VA
Hanover, VA, Aug. 20--The tan and gray building with burgundy trim is a blur to thousands of I-95 travelers. Mohawk Industries, though, is big business in Hanover, as reported in the Hanover Herald Progress.
Carpet Expo Attracts 245 Foreign Importers, Dealer
Lahore, Pakistan, Aug 19--As many as 245 foreign importers and dealers of carpets expected to visit Pakistan Carpet Exhibition-2003 being held in Karachi from August 28-31, according to PakNews.com.
Strong Rise In Housing Starts
Washington, DC, Aug. 19--Home construction jumped in July to the highest level in more than 17 years as the red-hot housing market showed no signs of slowing down even as mortgage rates began to rise.
Home Depot Reports Record Earnings
Atlanta, GA, Aug. 19--The Home Depot, the world's largest home improvement retailer, today reported record second quarter net earnings of $1.3 billion ($0.56 per diluted share) for fiscal 2003