Weyerhaeuser Selling Homebuilding Division
Federal Way, WA, Nov. 4, 2013 -- Weyerhaeuser is selling its homebuilding division to Tri Pointe Homes in a $2.7 billion deal that will create one of the top 10 builders in the country, Reuters reported.
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.
Interface Supports Buckminster Challenge Project
New York, NY, Nov. 4, 2013 -- The Buckminster Fuller Institute said that the sponsor of its challenge, Interface, has chosen to recognize Waterbank Schools.
Acquisitions Push Mohawk Sales, Income Higher
Calhoun, GA, Nov. 1, 2013 -- Mohawk Industries reported third quarter net earnings of $119 million and earnings per share of $1.63. That compares to net earnings of $70 million a year ago.
Manufacturing Expands for Fifth Straight Month
Tempe, AZ, Nov. 1, 2013 -- Economic activity in the manufacturing sector expanded in October for the fifth consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Construction Unemployment at Six-Year Low
Washington, DC, Nov. 1, 2013 -- Construction employment rose by 20,000 in September and the industry’s unemployment rate fell to a six-year low of 8.5%, according to the Associated General Contractors of America.
Chicago PMI Sees Biggest Increase in 30 Years
Chicago, IL, Oct. 31, 2013 -- The Chicago purchasing managers index rose to 65.9% in October, marking its best performance since March 2011 and its biggest gain in 30 years.
DuPont To Spin Off Performance Chemicals Unit
Wilmington, DE, Oct. 31, 2013 -- The DuPont Co. plans to spin off its performance chemicals business into a separate public company.
Initial Jobless Claims Fall Last Week
Washington, DC, Oct. 31, 2013 -- Initial claims for unemployment benefits declined last week, according to the Labor Department.
Flooring Associations Discuss Installation Issues
Chicago, IL, Oct. 31, 2013 -- The Floor Covering Industry Issues Council focused on installation issues at its fall meeting in Chicago Oct. 25.
Momentive Chemicals To Market Wood Product
Columbus, OH, Oct. 31, 2013 -- Momentive Specialty Chemicals Inc. said it has signed a licensing agreement with Fibre7 Limited to produce and market resin modified wood in North America.