Omnova Solutions Raising Prices Effective May 8
Fairlawn, OH, May 5, 2008--Omnova Solutions' Specialty Chemicals business will increase prices up to $0.06 per wet pound.
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.
Armstrong Per Share Earnings Decline Over 50%
Lancaster, PA, May 2, 2008--Armstrong World Industries Inc. today reported first quarter net earnings of $15.2 million.
Mohawk Names Peters President of Flooring Division
Calhoun, GA, May 2, 2008--Mohawk Industries has named Frank Peters as president of the Mohawk Flooring division which encompasses all carpet, rugs, and Mohawk branded hard surface flooring.
Home Depot Closing Stores in Rust Belt
Atlanta, GA, May 2, 2008--Home Depot said it is closing 15 underperforming stores and will postpone the opening of 50 new stores nationwide.
Job Cuts Fewer Than Expected in April
Washington, DC, May 2, 2008--Employers cut fewer jobs in April expected and the unemployment rate dropped to 5 percent, the Labor Department said Friday.
Orders for Manufactured Goods Rose in March
Washington, DC, May 2, 2008--U.S. manufacturers saw demand for their products increase in March, according to the Commerce Department.
Manufacturing Continues To Contract in April
Washington, DC, May 2, 2008--Manufacturing contracted in April for the third straight month, according to the Institute for Supply Management.
Shaw Closing a Carpet Finishing Line
Ringgold, GA, May 1, 2008--Shaw Industries is closing a carpet finishing line inside a rug plant in Ringgold, Ga.
Classic Tile To Distribute Faus Products
Calhoun, GA, May 2, 2008--Faus Group Inc. said it has signed an agreement with Classic Tile in the Northeast region to distribute its laminate products. The new partnership began April 28.
Pfleiderer Gets Buy Rating in Germany
Düsseldorf, Germany, May 2, 2008--The securities experts of Wertpapier have put a buy rating on shares of Pfleiderer AG.