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.
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.
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.
Lowe's Announces Executive Changes
Mooresville, NC, June 1--Lowe's announced today that senior executive vice president of merchandising/marketing, Dale C. Pond, plans to retire effective June 30.
Interface and Tricycle Build on Sustainable Produc
Chattanooga, TN, June 1--Interface Flooring Systems is leading the flooring industry into a new evolution of sustainable product design, with a customized installation of Tricycle's Apso product development systems at the company's LaGrange facili
Wisconsin Wood Company Does it All
Spring Green, WI, June 1--In today’s world, where specialization is accepted as the key to market success, it is unusual to come across a businessman who succeeds by doing the opposite, according to Timberline.
Chain Store Sales Off Last Week
New York, June 1--Chain store retail sales fell in the last week, taking the index to its lowest reading in nine weeks as cooler weather curbed consumers purchases of seasonal goods, a retail report said on Wednesday.
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.
Sherwin-Williams President Resigns
Cleveland, OH, June 1--Sherwin-Williams's president and chief operating officer, Joseph M. Scaminace, resigned Tuesday after 22 years with the nation's largest paint maker to take the top post at OM Group Inc., a specialty chemical manufacturer.
World Market Center Adds Leasing Staff
Las Vegas, NV, June 1--With two of the three venues for July’s Las Vegas Market fully leased, and the Las Vegas Convention Center nearly 90 percent full, World Market Center’s leasing team continues to grow to keep up with the demand.
Elbit Vision Systems Finalizes Deal with Lessco
Yoqneam, Israel, June 1--Elbit Vision Systems, a provider of automatic optical inspection and quality monitoring systems, signed a new distribution agreement with Lessco International.