Mohawk ColorCenter Concept Gains in Importance
Nashville, TN February 7--According to research done by a leading floorcovering industry magazine, today’s floorcovering customer shops at less than two stores.
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.
Unemployment Drops to 5.2%, 146,000 Jobs Created
Washington, DC, February 4--The unemployment rate dropped to 5.2% in January, from 5.4% in December, as payrolls grew by 146,000 during the month, verses a downwardly revised 133,000 increase in December, according to the Labor Department.
Mohawk Acquires Wayn-Tex
Augusta, GA, February 4--The Augusta Free Press reported this morning that Mohawk Industries has acquired Wayn-Tex.Wayn-Tex, a 44-year-old company, produces primary carpet backings and manufactures a variety of composite woven/nonwoven backings for specia
Mannington Hikes Prices 3-5% on Residential, Comme
Salem, NJ, February 3--Mannington Mills, Inc. announced today that it will be instituting price increases across both residential and commercial sheet vinyl lines.
Patent Judgment in Favor of Alloc
Racine, WI, February 1--The Federal District Court in the Northern District of Illinois has entered judgment in favor of Alloc, Inc. of Racine, Wisconsin, the Berry Group of Oostrozebeke, Belgium, and Valinge Innovation AB of Viken, Sweden.
SPACES Opens in Florida
Fort Lauderdale, FL, February 2--SPACES, Florida's largest retail home design center with over 155,000 square feet of showrooms, has officially opened their doors to the public.
Armstrong, Union Agree on Severance
Lancaster, PA, February 1--Armstrong World Industries is keeping its word to its employees who are losing their jobs, according to the Lancaster New Era.
Forbo Reports 1.5% Sales Increase
Eglisau, Switzerland, February 1--In the business year 2004, Forbo raised net sales by CHF 23.4 million ($19.7M) to CHF 1,622.3 million ($1.36B), which corresponds to an increase of 1.5% over the previous year.
2004 GDP Best in 5 Years
Washington, DC, January 31--The economy finished 2004 with its best performance in five years despite slowing in the final stretch.
December New Home Sales Up 0.1%
Washington, DC, January 31--Sales of new single-family homes rose 0.1% in December, to a seasonally adjusted annual rate of 1.098 million, to close out the strongest year on record, according to the Commerce Department.