Solutia Posts Third Quarter Loss
St. Louis, MO, November 7, 2007—According to a company filing with the SEC, Solutia reported a third-quarter net loss of $111 million, or $1.06 a share.
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.
Furniture Brands to Close Eight Stores
St. Louis, MO, November 7, 2007--Furniture Brands International Inc. said on Tuesday that it plans to close eight company-owned Broyhill and Lane stores, cutting 83 jobs.
Pfleiderer 3Q Net Up, Expands NA Laminate Share
Neumarkt, Germany, November 7, 2007--Pfleiderer AG remained on its profitable growth path in the third quarter.
Hovnanian’s Contracts and Deliveries Fall
Red Bank NJ, November 6, 2007--Home builder Hovnanian said its fourth-quarter net contracts and home deliveries fell, while cancellations rose amid the housing market's decline.
Teragren Files Patent Suit Against Smith & Fong
Seattle, WA, November 6, 2007—Teragren said it has filed a patent infringement lawsuit against Smith & Fong Company, doing business as Plyboo.
Gerflor Floors Produced to ISO 14001 Standards
Chicago, IL, November 6, 2007—Vinyl flooring producer Gerflor said it is using environmentally friendly raw materials, innovative production processes and recycling to reduce environmental damage.
Foamex Announces Changes to Retirement Plans
Linwood, NJ, November 6, 2007--Foamex said it will freeze future benefit accruals under its defined benefit pension plan, and preserve all existing earned benefits, as of December 31.
Chain-Store Sales up 1%
New York, NY, November 6, 2007—Chain-store sales rose rose 1% for the week ended November 3, compared to the prior week, according to the International Council of Shopping Centers (ICSC) and UBS Securities.
Formica Flooring Launches Mirabella Collection
Barnwell, SC, November 6, 2007--Formica Flooring has launched Mirabella, an eight-SKU collection with 10mm thick planks.
AIA Releases 2007 Update to Contract Documents
Washington, DC, November 6, 2007--The American Institute of Architects (AIA) has updated its AIA Contract Documents, which have defined the contractual relationships in the design and construction industry for 120 years.