Chicago Purchasing Managers Index Declines in Dec
Chicago, IL, December 30--A gauge of business in the Chicago area, a center of U.S. manufacturing, fell for a second month as employment gains slowed, a private survey found.
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.
Demand for Office Furniture Recovering
New York, December 29--High steel costs are still hurting the bottom line at U.S. office furniture companies, even as sales hit their highest levels in years.
U.S. Xpress to Exercise Over-Allotment Option
Chattanooga, TN, December 29--U.S. Xpress Enterprises said its underwriters of its recent public offering have exercised their over-allotment option to purchase an additional 600,000 shares of the company's Class A common stock.
Bayer: Lanxess Plans $27.2M in Cuts In 2005
Frankfurt, Germany, December 29--Bayer AG's Lanxess unit said Tuesday it plans cost savings of around EUR20 million ($27.2M)in 2005.
Persian Carpets on Display During Iran Trade & Tou
United Arab Emirates, December 29--Among the Iranians, the carpet business has long been a closely guarded family tradition, with fathers passing over the knowledge and skills to their sons.
Flooring America Returns to Surfaces
St. Louis, MO, December 29--Flooring America will participate in Surfaces, the flooring industry’s premier annual trade show, on January 26-28, 2005 in Las Vegas, NV.
Online Holiday Sales Up of 28%
New York, NY, December 29--Online sales surpassed the high range of estimates this year, thanks to a rush of last-minute shoppers who snapped up iPods, computers and the occasional power drill.
Coverings Announces Conferences, Seminars & Worksh
Alexandria, VA, December 28-- National Trade Productions (NTP), the show management company for Coverings, has announced that the 2005 show will feature a range of speakers, conferences and seminars designed to address key issues of interest to the wide r
Foshan, China's Ceramic Tile Hub
Foshan, China, December 28--Big is the word in this ceramic tiles hub. Foshan's 350 makers produce 1.2 billion square meters of the product annually.
Home Depot to Sell Appliances Online
Atlanta, GA, December 28--Home Depot said it is expanding its store based home appliance business through a new online initiative that allows consumers to purchase more than 1,800 products from the company’s recently enhanced website.