Ceramic Tiles of Italy Seeks Contest Entries
New York, NY, Oct. 22, 2008--Ceramic Tiles of Italy is seeking entires for the 2009 Ceramic Tiles of Italy Design Competition.
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.
Economy Contracting, Not in Free Fall, Board Says
New York, NY, Oct. 20, 2008--The economy's health improved for the first time in five months in September as supplier deliveries and new orders strengthened, according to the Conference Board.
Chain Store Sales Higher Than a Year Ago
New York, NY, Oct. 21, 2008--U.S. chain-store sales for the week ended Oct. 18 rose 0.9 percent from the year-ago period, according to a survey released Tuesday by the International Council of Shopping Centers.
Solutia To Report Strong Sales, But Nylon Down
St. Louis, MO, Oct. 20, 2008--Solutia Inc. said it expects to report third quarter net sales of $587 million, a 29 percent increase over the prior year period and adjusted EBITDA is anticipated to be $111 million, a 46 percent increase over 2007.
Hungarian Flooring Firm in $15 Million Expansion
Gyor, Hungary, Oct. 20, 2008--Hungarian flooring company Graboplast increased its production capacity from an annual 3 million square meters of flooring to 5 million square meters.
Empire Offering Holiday Installation Guarantee
Northlake, IL, Oct. 21, 2008--Empire Today is introducing a Holiday Installation Guarantee promotion to provide customers a way to make last minute updates to their homes before the holidays.
RadiciGroup Cuts Production at Chemical Plant
Gandino, Bergamo, Italy, Oct. 21, 2008--RadiciGroup has cut production at its adipic acid and nylon 66 chemical plant to respond to current market conditions.
Mervyns To Liquidate Inventory, Real Estate
Hayward, CA, Oct. 20, 2008--Mervyns department store chain has confirmed a plan to close its remaining 149 stores and liquidate store inventory and real estate.
3M Reports Higher Profit on Overseas Sales
Maplewood, MN, Oct. 21, 2008--3M Co.said its third-quarter profit increased 3 percent on higher international sales led by growing demand from Latin America.
HIRI Expects Home Improvement Gains in 2009
Tampa, FL, Oct. 21, 2008--The home improvement market hadn’t seen a decline since 1991, according to the Home Improvement Research Institute.