Tau Buys Porcelanatto Trademark
Castellon, Spain, Oct. 2, 2009--Tau has acquired the Porcelanatto trademark for its worldwide commercial use.
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.
Nourison Promotes Three to Executive Positions
Saddlebrook, NJ, Oct. 2, 2009--Nourison Industries has promoted three Nourison executives to new positions.
Tender Offer for Armstrong Shares Falls Short
Fort Worth, TX, Oct. 2, 2009--Armor TPG Holdings LLC said it has completed a tender offer to purchase up to 4,435,935 shares of common stock of Armstrong World Industries.
UK Vinyl Recycling Program Gets Underway
London, England, Oct. 2, 2009--A vinyl recycling program in the United Kingdom has been launched by a joint venture of Polyflor and Altro.
Unemployment Ticks Up Again in September
Washington, DC, Oct. 2, 2009--The U.S. employment rolls weakened in September as 263,000 payroll jobs were lost and the unemployment rate rose to a 26-year high of 9.8%, the Labor Department reported.
New Factory Orders Down in August
Washington, DC, Oct. 2, 2009--New orders to U.S. factories fell in August by the largest amount in five months, according to the Commerce Department.
Mixed Economic Signals Growing More Positive
Washington, DC, Oct. 1, 2009--Consumer spending, which accounts for about 70 percent of economic activity, is showing signs of life as the economy transitions from recession to recovery.
Mohawk Stock Downgraded to Neutral
New York, NY, Oct. 1, 2009--Mohawk Industries Inc. stock was downgraded at SunTrust from Buy to Neutral.
Construction Spending Surges in August
Washington, DC, Oct. 1, 2009--Construction spending in the U.S. unexpectedly rose at its fastest pace in nearly a year in August.
IMF Sees Faster World Economic Recovery
Washington, DC, Oct. 1, 2009--The global economy is recovering faster than expected, according to the International Monetary Fund.