Alloc Adds New Distributor in Michigan
Racine, WI, June 3--Alloc, Inc. has added Radio Distributing Co. (RDC) to its distribution network. RDC will represent Alloc products throughout the state of Michigan and Northwest Ohio.
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.
Sphinx Adds More Special Shapes and Sizes to Line
Dalton, GA, June 3--Sphinx is adding rounds, squares, and over-sized rugs to some of their most popular collections as well as to recent introductions. Sphinx now offers more than 250 rounds, 90 Squares, and 300 mansion-sized area rugs.
Solutia Completes Repricing of Debtor-In-Possessio
St. Louis, MO, June 2--Solutia Inc. today announced it has reached agreement with its lenders to amend its debtor-in-possession (DIP) financing, pending approval by the U.S. Bankruptcy Court.
Pending Home Sales Index Hits Record
Washington, DC, June 2--The Pending Home Sales Index, a leading indicator for the housing market, has risen to the highest level on record, according to the National Association of Realtors.
Factory Orders Up in April
Washington, DC, June 2--Demand for new factory goods increased 0.9% in April, the fastest gain in five months, the Commerce Department reported Thursday.
1Q Productivity Revised Up to 2.9%
Washington, DC, June 2--Productivity in the first quarter was revised up to reflect a 2.9 percent annual growth rate, according to the Labor Department.
ISM: Manufacturing Sector Losing Momentum in May
Tempe, AZ, June 2--Economc activity in the manufacturing sector grew in May for the 24th consecutive month, while the overall economy grew for the 43rd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Bus
Retailers Report May Results
New York, June 2—-Some of the nation’s top retailers reported results for May. Wal-Mart confirmed that May sales rose 2.5 percent at its U.S. stores open at least a year, with demand for groceries making up for sluggish sales of summer merchandise.
Electric Aquagenics Launches Antimicrobial Cleanin
Lindon, UT, June 2--Electric Aquagenics Unlimited and its joint venture partner, American MoldGuard, have launched Zero Plus, Inc., a Safe Living Initiative incorporating EAU's Empowered Water as a new cleaning technology for carpet and living surface
Hovnanian 2Q Earnings Up 50%
Red Bank, NJ, June 1--Luxury home builder Hovnanian Enterprises reported earnings in the second fiscal quarter that rose about 50 percent, driven by higher home prices and greater market penetration.