Forbo Raising Linoleum Prices
Hazleton, PA, September 20, 2007--Linoleum maker Forbo Flooring Systems said it will raise prices 4% to 6% as of Dec. 1 for flooring and service products throughout North America.
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.
Chicago Fed Activity Index Declines
Chicago, IL, September 24, 2007--The Federal Reserve Bank of Chicago on Monday said its gauge of the national economy was down sharply in August, hurt by weakness in production and employment indicators.
Välinge Launches New 5G+ Due to Akzent Dispute
The European Patent office has sided with Akzenta in a patent dispute with Valinge over a locking floor system but the decision may be appealed and could take several years to resolve.
Home Depot's Blake Keeping Low Profile
Atlanta, GA, September 24, 2007--Home Depot Chairman and Chief Executive Frank Blake says history will judge him in part on his moves to improve store service and morale.
Pfleiderer Wants To Double Sales by 2010
Neumarkt, Germany, September 24, 2007--Laminate maker Pfleiderer is eyeing acquisitions to increase market share and reach its goal of doubling annual revenue to 4 billion euros ($5.6 billion) by 2010.
Mohawk Group Names Parker VP Product Strategy
Kennesaw, GA, September 20, 2007--Allen Parker has been named vice president of product strategy for the Mohawk Group.
ASID Joins SF Mart for Green Conference
Washington, DC, September 20, 2007--The American Society of Interior Designers (ASID) is partnering with the San Francisco Mart to host the Live Green, Live Well conference.
Condo Builders' Confidence Drops
Washington, DC, September 21, 2007--Condo builders and developers are extremely concerned about the current conditions in the market, according to the Multifamily Condo Market Index, released today by the National Association of Home Builders (NAHB).
Greenspan: House Prices to Drop Much Lower
Vienna, Austria, September 21, 2007--A big overhang of property will bring U.S. house prices down further, but it is too early to say if the economy will plunge into recession, Alan Greenspan told Austrian magazine Format.
Steelcase 2Q Earnings Up
Grand Rapids, MI, September 21, 2007-- Steelcase reported higher fiscal second-quarter earnings on Thursday, but its shares fell along with its peers' on worries about the industry outlook.