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.
Fostoria, Ohio, January 16--Roppe Corporation USA has added a solid vinyle tile to its SafeTcork line. Made using post-industrail waste cork, the new tile can contribute toward LEED certification because the material is a renewable resource.
Wilmington, Del,, January 17--Opening a new source of credit to flooring-buying homeowners, Chase bank and Reader's Digest announced the launch of a home-improvement credit card with rewards for sizeable remodeling purchases.
Washington, D.C., Jan. 17--According to the Federal Reserve, U.S. industrial production rose 0.6 percent in December, the third consecutive month posting a gain, and production capacity rose to 80.7 percent.
Toronto, Ontario, January 17, 2006--Conforce International, Inc., developers of EKO-FLOR, announced the signing of an exclusive supply agreement with Royal Group Technologies Ltd.
Cambridge, MA, January 14--Home improvement spending by homeowners edged up in 2005, ending the year growing 4.3% over the 2004 levels, according to the Remodeling Activity Indicator (RAI) devised by Harvard’s Joint Center for Housing Studies.
The rising costs of energy, transportation and labor will likely continue in 2006, according to a ceramics industry trade publication.
Slamabad, Pakistan, January 16--Pakistan hopes to secure some $3.39 million in orders in 2005-2006, according to the chairman of the Pakistan Carpet Manufacturers and Exporters Association.
New York, January 15, 2006--Pier 1 Imports Inc., may become a buyout target because its share price has fallen 50 percent in ten months, according to the business weekly, Barron's.
Wellington, New Zealand, January 13, 2006--Australian carpet maker Godfrey Hirst said its move to increase its stake in New Zealand's Feltex Carpets Ltd., doesn't signal a fresh takeover bid, according to the Business Herald.
Wiesbaden, Germany, January 13, 2006--U.S. military personnel stationed at Wiesbaden Army Air Field were got a surprise visit from Lifestyle Designer Kathy Ireland, who is the namesake for Shaw Industries' Kathy Ireland Home collection of flooring, wh