Attributing their growth to the purchase of laminate maker Quick-Step and price increases across all product lines, Mohawk Industries announced first quarter net sales totaling $1,925,106,000, an increase of 29 percent over last year's first quarter.
Carpet One is doing its part to raise breast cancer awareness with this year's Carpet One Welcomes Your Support campaign. Participating Carpet One stores throughout the U.S. and Canada are selling specially designed welcome mats featuring depictions of the famous "pink ribbon" signifying breast cancer awareness.
Congoleum Corp. announced that it has received a letter from the American Stock Exchange (the Amex) warning the company that it does not meet minimum income and stockholders' equity requirements to stay listed.
The Federal Trade Commission reported that it has granted Mohawk Industries, E. I. du Pont de Nemours and Co., and PTT Poly Canada a temporary fiber designation for a new generic fiber name and definition under the Rules and Regulations Under the Textile Fiber Products Identification Act.
Anso nylon, a Shaw Industries External Fiber Sales and Marketing brand, is urging qualified Anso Advantage Account dealers to register for the fifth annual Anso Nylon National Carpet Sale. The event, to be held Sept. 1 through Oct. 6, is named "Sense the Season" to evoke pleasant autumn memories such as changing foliage, crackling fires and warm, soft carpet underfoot.
In a move aimed at increasing the company's overall recycling capacity, Shaw Industries announced it has signed an agreement with DSM Chemicals North America to purchase complete ownership of Evergreen Nylon Recycling LLC, a nylon recycling plant in Augusta, Ga. Shuttered in 2001, Evergreen was previously owned jointly by Honeywell and DSM.
Rug maker Saravieh has signed an agreement with Martha Stewart Living Omnimedia (MSLO) to launch a line of Martha Stewart area rugs. Plans call for the distinctive floor coverings, which will complement the existing Martha Stewart Signature furniture line, to debut at the Atlanta International Area Rug Market in January 2007 and be ready for retail in Spring 2007.
At Tarkett Commercial's NeoCon exhibit, fashion won't stop at the floors. Renowned interior designer Karim Rashid will be on hand to give out scarves and ties featuring his designs at NeoCon booth #7-2122. Rashid, who also designed the Tarkett Commercial exhibit, plans to greet guests and answer questions from 11 a.m. to 2 p.m. June 13.
In an effort to hold down costs and secure "greater financial flexibility," Interface, Inc. said it has sold its European fabrics division, Camborne Holdings, for about $28 million. In addition, the Atlanta-based carpet manufacturer plans to shutter a plant in East Douglas, Mass. and integrate those operations into a facility in Elkin, N.C.
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