CRI Unveils New Website
Dalton, GA March 111--The Carpet and Rug Institute (CRI) has launched its new website as part of the trade association's new, enhanced identity.
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.
Honeywell Plans Cuts at South Carolina Plant
Irmo, SC, March 10—The State, a Columbia, South Carolina newspaper, reported that Honeywell’s nylon carpet fibers plant near Irmo will lay off 65 of its 460 workers this month as its parent continues looking to sell its nylon plants.
Kmart to Convert 400 Stores to Sears
Troy, MI, March 10--Kmart Holdings said it will convert 400 Kmart stores to Sears stores when the two retailers become one.
Mannington Commercial Scores with Motorcycle Givea
Calhoun, GA, March 9--Mannington Commercial recently wrapped up its first promotion, "Get in the Groove", aimed at key contract flooring personnel, and called it a huge success.
Prints & Paints Named Mohawk ColorCenter Dealer of
Dalton, GA, March 9--Mohawk Industries has selected Prints and Paints Floor Covering Company, Galion, OH, as its Mohawk ColorCenter Dealer of the Year for 2004.
G.E. Shnier to Distribute Edge Flooring in Canada
Toronto, ON, March 8--The G.E. Shnier Co. reached an agreement with Edge Flooring to be the exclusive Canadian distributor of the new Edge Flooring system.
Forbo to Market Halo Floors LVT Line in Europe
Atlanta, GA, March 8--Halo Floors and the European flooring division of Forbo International have entered a marketing partnership to promote and sell the Halo luxury vinyl tile product line in Europe.
Shaw 2004 Earnings Up 11%, Berkshire’s Up 40%
Omaha, NE, March 7—According to Berkshire Hathaway’s year-end 2004 report Shaw Industries in 2004 reported sales that were up 11% to $5.2 billion.
Purchase Offer from CVC for Forbo
Zurich, Switzerland, March 4--The Board of Directors of Forbo Holding AG was informed on Friday of the pre-announcement of a public purchase offer from CVC Capital Partners for all outstanding shares of Forbo Holding at a price of CHF 260 per share.
Crossville Names John E. Smith President and Gener
Crossville, TN, March 4--After an extensive national search, Crossville, Inc. has selected John E. Smith as its new president and general manager, effective April 1, 2005.