Mohawk Industries has increased its estimate of diluted earnings per share for the fourth quarter of 2001 from 74 cents to a range between 90 and 95 cents per share.
Existing-home sales will be close to a record this year and, with an economic upturn expected next spring, sales in 2002 will nearly match this year, according to the National Association of Realtors (NAR).
Floor installation products manufacturer Ardex Engineered Cements has acquired British Norcros Adhesives Ltd., thereby extending its reach into markets throughout Europe and East Asia.
Design experts Larry Laslo, Mario Buatta and Leatrice Eiseman are slated to speak at the Vision 2002 conference program during Coverings 2002 on May 6-9at the Orange County Convention Center in Orlando, Fla.
The Commerce Department recently reported that personal spending rose by an all-time high of 2.9% in October, led by a record increase in purchases of automobiles and other durable goods.
The Dixie Group Inc. has reported that it intends to refinance its senior credit agreement and defer its plans to sell and leaseback its North Georgia distribution center.