Pergo, Unilin Reach License Agreement
Neumarkt, Germany, Nov. 16, 2009--Earlier this month, Pfleiderer subsidiary Pergo, and Unilin completed a license agreement granting Unilin access to Pergo’s patents covering fold-down joints for flooring.
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.
Realtors Policy Agenda Shifts Toward Lending
San Diego, CA, Nov. 16, 2009--The National Association of Realtors will focus its policy agenda in the months ahead on relief from a credit crunch in commercial real estate, among other issues.
Plastex Matting Acquires Entryway Distributor
Fort Payne, AL, Nov. 16, 2009--Plastex Matting Inc. has purchased the operating business and assets of Ovalstrapping Inc.'s GO Resilient U.S. business.
Economists See Rate Hike Next September
New York, NY, Nov. 13, 2009--The Wall Street Journal said that economists in its recent economic forecast expect the Federal Reserve to begin raising interest rates next September.
NWFA Forms FSC Procurement Group
St. Louis, MO, Nov. 13, 2009--The National Wood Flooring Association has announced that it has formed the Forest Stewardship Council Procurement Group.
Lowe's Sees 30% Decline in Sales Vs. 2008
Mooresville, NC, Nov. 16, 2009--Lowe's Companies, Inc. reported net earnings of $344 million for the quarter ended Oct. 30, a 29.5 percent decline from the same period a year ago.
Smith & Fong Develops Soy Adhesive
San Francisco, CA, Nov. 13, 2009--Smith & Fong Co. said it has developed a soy-based adhesive system for its line of Plyboo bamboo plywood and flooring.
CARE Entrepreneurs Meet in Atlanta
Dalton, GA, Nov. 13, 2009 - More than 60 representatives from 47 different organizations met Oct. 28 in Atlanta for the sixth annual Entrepreneurs' Meeting of the Carpet America Recovery Effort (CARE).
Consumer Sentiment Falls Unexpectedly
Ann Arbor, MI, Nov. 13, 2009--Consumer sentiment pulled back in early November, according to the Reuters/University of Michigan index.
Asian Leaders Caution Against Stimulus Removal
Singapore, Nov. 13, 2009--Government and business leaders at the Asia-Pacific Economic Cooperation forum warned Friday against withdrawing stimulus programs too quickly.