Egypt Unrest Sends Asia Oil Prices Over $100
New York, NY, Feb. 1, 2011 -- The price for Brent crude topped $100 per barrel on Monday for the first time since 2008, largely on unrest in Egypt.
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.
Armstrong Closing Tennessee Distribution Site
Knoxville, TN, Feb. 1, 2011 -- Armstrong Hardwood Flooring Co. is closing a distribution center in Scott County, according to Knoxvillebiz.com.
Banks Loosen Some Business Lending Guides
Washington, DC, Feb. 1, 2011 -- Banks loosened their lending standards modestly for some business loans over the past three months, the Federal Reserve said Monday.
Revised Safety Program Aids BPS
Los Angeles, CA, Feb. 1, 2011 -- Bentley Prince Street said it has seen the number of first aid, lost time and recordable injury indicators reduced from 12 in 2009 to four in 2010.
Carpetright Says Sales Lower Than Expected
London, England, Feb. 1, 2011 -- Carpetright said that like-for-like sales in the UK and Ireland fell 7.7% in the 13 weeks to Jan. 29.
Pfleiderer Board Member Haupt Resigns
Neumarkt, Germany, Feb. 1, 2011 -- Pfleiderer AG said that Wolfgang Haupt is leaving his seat on the Supervisory Board as of March 1 for personal reasons.
Consumer Spending Accelerates in December
Washington, DC, Jan. 31, 2011 -- Consumer spending increased in December, according to the Commerce Department.
Shaw in Deal With GE for Consumer Financing
Kettering, OH, Dalton, GA, Jan. 31, 2011 -- GE Capital Sales Finance said it completed a multi-year agreement with Shaw Floors to be the exclusive financing provider for Shaw retailers.
Styron To Increase Latex Prices
Midland, MI, Jan. 31, 2011 -- Styron said it is increasing the prices of all products sold into the carpet and performance latex markets in the U.S. and Canada beginning Feb. 28.
Tandus, Invista Team on 'Blend' Design Events
Atlanta, GA, Jan. 31, 2011 -- Tandus Flooring and Invista kicked off their "Blend" event, a collaborative effort to showcase macro-trends in color and design that influence commercial design.