Mohawk Decides To Close Virginia Backing Plant
Waynesboro, VA, Oct. 20, 2009--Mohawk Industries will close its Waynesboro plant by the end of the year, according to the News Virginian.
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.
Construction of Single-Family Homes Rises
Washington, DC, Oct. 20, 2009--Construction of new homes edged up slightly in September, helped by a rebound in single-family construction.
Tandus Wins Awards at IIDEX/NeoCon 2009
Atlanta, GA, Oct. 20, 2009--Tandus won three Innovation awards at IIDEX/NeoCon 2009, becoming the most decorated carpet company at Canada’s biggest design show.
China Places Tariff on Imported Nylon 6
Beijing, China, Oct. 20, 2009--The Chinese Ministry of Commerce issued a preliminary ruling Monday that imposed a 36 percent tariff on American-made Nylon 6, a synthetic filament that ends up in a wide array of products, including carpet.
Home Builders Grow More Pessimistic
Washington, DC, Oct. 20, 2009--Faced with the imminent expiration of a government subsidy for new buyers, U.S. home builders grew more pessimistic again in October.
Regupol's New Pennsylvania Facility Up and Running
Lebanon, PA –Regupol America has begun using new rubber processing equipment in its new Lebanon, Pa.-based facility.
Private Equity Firm Buys European Parquet Maker
Zurich, Switzerland, Oct. 20, 2009--Zurmont Madison Management has acquired Bauwerk Parkett, a double-layer parquet flooring company serving the German-speaking European market, for an undisclosed sum.
Wholesale Prices Fall in September
Washington, DC, Oct. 20, 2009--Wholesale prices dropped unexpectedly in September due to lower energy costs, as inflation remains in check amid signs of a broad economic recovery.
DuPont Reports Higher Earnings on Lower Sales
Wilmington, DE, Oct. 20, 2009--DuPont on Tuesday reported net income of $409 million, or $0.45 per share, up from $367 million, or $0.40 per share, in the year-ago quarter.
GE Money, Lumber Liquidators, Sign Agreement
Toano, VA, Oct. 20, 2009--GE Money and Lumber Liquidators have a multi-year agreement to offer consumer financing featuring a Lumber Liquidators credit card.