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.
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.
Kannapolis, NC, Aug. 20--For nearly a century, Pillowtex's Plant No. 1 has dominated the heart of this mill village's downtown.
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.
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.
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.
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
New York, NY, Aug. 19--Lawyers for some of the biggest U.S. retailers, who negotiated $3.05 billion in settlements with Visa and MasterCard over debit cards, are requesting 18 percent of the payout as payment, along with more money for expenses, reports s
Washington, DC, Aug. 18--Builder confidence in the market for new single-family homes surged in August as home buyers rushed to lock in mortgage rates at attractive levels and signs of improving economic conditions heartened builder expectations for the n
Linwood, PA, Aug. 19--Foamex International Inc. the leading manufacturer of flexible polyurethane and advanced polymer foam products in North America, today announced that Foamex L.P. has closed a comprehensive refinancing of its bank debt.
Manchester, NH, Aug. 18--Carpet One is pleased to announce the top-selling dealers and industry leaders who were recently recognized at the 2003 Carpet One International Summer Convention held in Orlando.