Many Oil Executives Expect Price To Fall This Year
Houston, TX, May 9, 2008--Even as oil prices near $125 a barrel, many oil and gas industry executives expect the price to fall substantially by the end of the year.
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.
Faus Adds Mid-Atlantic Distributor
Calhoun, GA, May 9, 2008--Faus Group Inc. has signed a distribution agreement with Allied Products Inc.of Baltimore.
Bill Would Help States Fix Up Foreclosed Homes
Washington, DC, May 9, 2008--The House has approved sending states $15 billion to buy and fix up foreclosed properties despite a veto threat from President Bush.
Tandus Promotes Grogan to Chief Operating Officer
Dalton, GA, May 9, 2008--Tandus senior vice president Ralph Grogan has been named chief operating officer.
Armstrong Making Changes in Europe
Lancaster, PA, May 9. 2008--Armstrong World Industries intends to make sweeping changes to its underachieving European resilient flooring business, according to a story at Lancaster Online.
AIA Looks at Three Green Building Systems
Washington, DC, May 9, 2008--The American Institute of Architects (AIA) has released a study of three green building rating systems that assesses how well they support the goals of the AIA sustainability position statement.
Trade Deficit Narrows on Lower Imports
Washington, DC, May 9, 2008--The U.S. trade deficit narrowed substantially in March as demand for imports fell by the largest amount since 2001.
Armstrong Commercial Website Has EcoScorecared
Lancaster, PA, May 8, 2008--Armstrong Commercial Flooring has incorporated EcoScorecard SM into its website.
Solutia Swings To Profit in First Quarter
St. Louis, MO, May 7, 2008-- Solutia Inc. reported net sales of $985 million for the first quarter, a 40 percent increase over net sales of $702 million for the same period in 2007.
Commercial Property Lending Strong in 2007
Washington, DC, May 8, 2008--The commercial/multifamily originations market grew 19 percent in 2007, according to the Mortgage Bankers Association.