Tarkett Commercial Tile Gets Energy Saver Award
Houston, TX, Oct. 2, 2008 – The U.S. Department of Energy awarded Tarkett Commercial Tile with an Energy Saver Award.
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.
Factory Orders Plunge as Credit Strains Hit
Washington, DC, Oct. 2, 2008--Orders to U.S. factories fell by the largest amount in nearly two years in August.
Forbo Completes Aquisition of Bonar Floor
Baar, Switzerland, Oct. 2, 2008--Forbo has completed the acquisition of Bonar Floor, the flooring division of the Low & Bonar PLC.
Optimism for House Bailout as Reps Switch Sides
Washington, DC, Oct. 3, 2008--The $700 billion rescue package is getting a second chance in the House as voters anxiously ponder an economic meltdown that could wipe out their ability to borrow, plunder their savings and put them out of work.
Initial Jobless Claims Rise To 7-Year High
Washington, DC, Oct. 2, 2008-- Initial jobless applications rose to the highest level in seven years.
Freudenberg Laying Off in Non Carpet Operations
Durham, NC, Oct. 2, 2008--German specialty textile maker Freudenberg Nonwovens is laying off 59 workers and shuttering some operations in Durham.
Wool Partners Intl. Buys Wools of New Zealand
Christchurch, New Zealand, Oct. 1, 2008--Wool Partners International has entered into an agreement to purchase the Wools of New Zealand group of companies.
SunTrust Analysts Downgrade Armstrong
New York, NY, Oct. 2, 2008--Analysts at SunTrust Robinson Humphrey downgraded Armstrong World Industries.
US Floors Preparing $10 Million Expansion
Dalton, GA, Oct. 1, 2008--Dalton’s US Floors, maker of Natural Cork, is reportedly planning a $10 million expansion that will add 15 new jobs, according to a Dalton newspaper.
It's Up To House After Senate Approves Bailout
Washington, DC, Oct. 2, 2008--The Senate, after adding tax breaks and other provisions to attract skeptical lawmakers, voted 74-25 last night to resurrect President Bush's $700 billion financial aid package for Wall Street.