Producers Hike Nylon Prices
New York, NY, July 14--Rising benzene prices are putting pressure on nylon margins, forcing producers to increase prices. BASF, Rhodia and Bayer have raised the price of nylon-6 and nylon-6/6 resins by around 5-10%.
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.
Retail Sales Drop 1.1% in June
Washington, DC, July 14--Retail sales reversed course in June, taking a surprisingly sharp drop as the auto sector showed considerable weakness.
Linens 'n Things Cuts Outlook
Clifton, NJ, July 14--Home decor retailer Linens 'n Things Inc. cut its second-quarter profit forecast, mainly hurt by a decline in store traffic in May.
Architectural Firm to Sponsor CFI Certification
Louisville, KY, July 14--Ross-Tarrant Architects is teaming up with the CFI to sponsor a local installer certification program on Sept. 17-18 at Southland Flooring Supplies in Louisville.
Shaw Living Expands Kathy Ireland Collection
Dalton, GA, July 14--At the Atlanta International Rug Market, Shaw Living is introducing impressive new additions to its best selling lines, Kathy Ireland Home Essentials and Kathy Ireland Home Gallery.
FiberFloor a Success for Tarkett Residential
Whitehall PA, July 14--Since its debut in January 2004 at Surfaces, FiberFloor from Tarkett Residential has given consumers new reason to consider sheet flooring for their homes.
Trade Gap Falls
Washington, DC, July 13--The trade deficit narrowed unexpectedly in May as stronger growth overseas and the weak U.S. dollar helped propel exports to record levels, government data released on Tuesday showed.
Interface’s Anderson Plays the Good Guy
Atlanta, GA, July 13— The Atlanta Journal-Constitution’s recent headline says "Interface CEO Plays Good Guy in Finance Flick." It goes on to say that the latest movie that bashes big, bad business is a Canadian documentary, "The Corporation."
Frist May Offer Asbestos Counter-Proposal in Senat
Washington, DC, July 13--A Republican counter-proposal on the size of a multibillion-dollar fund for asbestos victims could come within days, the U.S. Senate majority leader said on Monday.
Universal Forest’s 2nd Quarter Earnings Up 15%
Grand Rapids, MI, July 13--Universal Forest Products Inc.'s second-quarter profit rose 15% on revenue growth of 34%.