Sherwin-Williams' Earnings Up
Cleveland, OH, July 22--Sherwin-Williams Co., the No. 1 U.S. paint maker, on Tuesday said second-quarter net earnings rose only 2.4 percent as wet spring weather in certain regions dampened sales.
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.
Burlington: No Assurance Lees Will Be Sold To Ross
Greensboro, NC, July 21--Burlington Industries Inc. said in a statement issued Monday afternoon that it has received several proposals in connection with the sale process approved in bankruptcy court last May, but has not accepted any of them at this time
Mohawk Announces Proposal To Acquire Lees
Calhoun, GA, July 21--Mohawk Industries, Inc. announced it has entered an agreement with W. L. Ross & Company to acquire the assets and assume certain liabilities of the carpet division of Burlington Industries, Inc. (Lees Carpet).
Honeywell Profits Fall 30%
Morris-Township, NJ, July 17--Honeywell International on Thursday reported a 30 percent drop in second-quarter profit as its commercial aerospace business continued to slump and pension, administrative and product development costs all rose.
Mohawk Has Record Second Quarter Earnings
Calhoun, GA, July 16--Mohawk Industries, Inc. today announced diluted earnings per share (EPS) and net earnings for the second quarter of 2003 with a second quarter record EPS of $1.12 per share or $74,985,000 in net earnings.
New Ceramic Expo Announced
Miami Beach, FL, July 16--Trade Show International's Skip Mason and Michael Coburn have announced a new marketing event, the PanAmerican Stone and Tile Expo. It will be held March 30 to April 1, 2004 at the Miami Beach Convention Center.
Neocon Attendance At 41,000
Chicago, IL, July 15--NeoCon World's Trade Fair attracted more than 41,000 registrants to The Merchandise Mart, June 16-18.
Jeff Sills Leaves Brinkman, Joins Anderson Hardwoo
Clinton, SC--Jeff Sills, President of LDBrinkman, has resigned that position to accept the position of Chief Operating Officer of Anderson Hardwood Floors as of August 1.
Coverings' Board Names New Management Firm
Alexandria, VA, July 8--The Board of Governors of Coverings has announced the appointment of National Trade Productions (NTP) as the new management company for Coverings
Sale Of Burlington Likely This Month
Charlotte, NC, July 9--Five months after legendary investor Warren Buffett flirted with buying Burlington Industries Inc., the Greensboro-based textile giant is on the verge of being sold, according to the Charlotte Observer.