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.
Frankfurt, Germany, August 25--German chemicals group Lanxess posted a 42% rise in second-quarter core earnings, beating analysts' forecasts thanks to strong demand for plastics and chemicals, and detailed further restructuring measures.
Wiltshire, UK, August 24--UK-based Carpetright Plc has commissioned approximately 4 million pounds worth of new retail systems from leading Microsoft Business Solutions Navision Partner K3 Landsteinar.
Manchester, NH-August 24--The International Design Guild and its affiliated member showrooms are preparing to launch their annual ASID Student Design Contest.
Troy, MI, August 24--The Securities and Exchange Commission on Tuesday filed civil charges against two former Kmart executives, accusing them of making "materially false and misleading" disclosures to shareholders before the retailer's 2002 bankruptcy
Cleveland, OH, August 24-- The US market for carpets and rugs is projected to rise only 1.6 percent per year through 2009 to over 22 billion square feet, but will still account for 65 percent of the floor covering market.
Kansas City, MO, August 24--Due to the overwhelming response from previous CFI Patterned Carpet Workshops, the Woven-Patterned Carpet Workshop will provide ideal, hands-on training for commercial and residential installers.
Washington, DC, August 24--Orders for durable goods dropped 4.9 percent in July, for the biggest decline since January 2004, after a 1.9 percent rise in June, according to a Commerce Department report.
Tehran, Iran, August 24--The revenue of the non-oil goods to be exported by Iran is predicted at US$53 billion over the next four years, according to Asia Pulse.
Houston, TX, August 23--Master Tile appointed Bobby Glennon as Chief Executive Officer. Mr. Glennon's leadership will drive Master Tile's national expansion in the ceramic tile and stone distribution business.
Eglisau, Switzerland, August 23--In the first half-year 2005, Forbo achieved net sales of CHF 829.4 million, (US$652.9 million) compared to the previous year's CHF 827.0 million (US$651.3 million).