Rising Euro Gives Boost To Halstead Carpet
Radcliffe, England, March 31, 2008--Flooring manufacturer James Halstead said it posted record half-year sales and profits despite rising costs.
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.
Purchasing Managers Index Rises in March
Chicago, IL, March 31, 2008-- The National Association of Purchasing Management-Chicago said its business barometer rose to 48.2 in March from a six-year low of 44.5 in February. The figure, however, still indicates contraction.
Invista Sues DuPont for $1 Billion; Firm Responds
New York, NY, March 26, 2008—Invista has filed a $1 billion lawsuit against DuPont Co.
InterfaceFLOR Expands Presence in India
Chennai, India, March 27, 2008--InterfaceFLOR India Pvt Ltd has opened a sales and support office in Chennai to handle the growing demand for its carpet tiles in Tamil Nadu.
Laser Process Gives MDF Wood Grain Looks
Warwick, UK, March 24, 2008 — Researchers at the University of Warwick have devised a way of using a laser that transforms MDF, giving it a surface finish that looks like some of the most expensive wood grains, according to Science Daily.
Floor Covering Distributors Plans Annual Meeting
Chicago, IL, March 26, 2008--The North American Association of Floor Covering Distributors will hold its Annual Meeting and Distributor Marketplace, Oct. 29-31, in Schaumburg, Ill.
Georgia Foam Backing Plant Catches Fire
Lafayette, GA, March 31, 2008--A fire broke out Sunday afternoon at the Quality Cushion plant.
Omnova Solutions To Raise Latex Prices
Fairlawn, OH, March 31, 2008--Omnova Solutions said it will raise prices by $0.05 per dry pound on styrene butadiene latex for carpet and related markets, effective April 28.
KB, Like Other Builders, Sees Loss in Quarter
Los Angeles, CA, March 28, 2008--KB Home swung to a loss in the fiscal first quarter as the company was forced to take a large write-down related to falling home prices.
Consumer Spending in February Flat
Washington, DC, March 28, 2008—Consumer spending in February was the worst in 17 months as the credit crisis, high energy costs and other increasing expenses forced consumers to cut back.