Shaw Wins Best of NeoCon Gold Award
Dalton, GA, June 30--Shaw Contract's flux systems program has received the Best of NeoCon Gold Award in the broadloom carpet category at the acclaimed interior design show in Chicago recently.
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.
Kronotex Sets Up Indian Subsidiary
New Delhi, June 30--Germany-based laminated flooring major Kronotex Fussoboden GmbH & Co has entered the Indian market with a wholly owned subsidiary ‘Kronotex Ltd. The company is looking at setting up a manufacturing plant in India to cater to the market
Wellman Sells Stake in Company
Shrewsbury, New Jersey, June 27--Wellman Inc., which makes polyester fibers and plastic resins, said it sold a stake in the company to a private investor after the plan won shareholder approval and it secured a credit line.
FieldTurf Earns FIFA Recommended Status at Six Mor
DALTON, GA., June 27--FieldTurf announced that six more of its fields have received recommended status from FIFA, the world governing body of soccer.
Quick-Step To Change Name
Thomasville, NC, June 27--The maker of Quick-Step flooring products in Thomasville will change its name to Unilin Flooring on July 1, the company announced on Monday.
DuPont Hires Ad Firm Ogilvy & Mather
New York, NY, June 26--DuPont Co. wants to show the softer side of its old industrial self, hiring a famed ad agency to remind the public it is more than just a chemical company
Dow Grows in Bioproducts Industry
Saskatoon, July 1--There is plenty of talk about the agriculture bioproducts industry but little action.
Consumer Confidence Steady
New York, NY, June 25--Consumers are feeling increasingly confident in the future health of the economy, but that optimism is tempered by doubts about current business conditions, a private research group reports.
Home Depot Plans Northeast Expansion
Atlanta, GA, June 25--Home improvement retailer Home Depot plans to add 31 stores in the U.S. Northeast this year, and is studying plans for its first store in New York's Manhattan borough, a store executive said on Tuesday.
Home Depot Says Fiscal Year Projection On Track
Atlanta, GA, June 25--Home Depot Inc. Chief Financial Officer Carol Tome reiterated the home improvement giant's guidance that earnings will increase 9% to 14% on a sales increase of 9% to 12% for the fiscal year ending January 2004.