Minuteman and Hako-Werke to Merge
Addison, IL, July 9-- Minuteman International, Inc. the floor-care equipment and chemical manufacturer, announced today that it has entered into a definitive merger agreement with Hako-Werke International.
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.
Consumer Borrowing Rises
Washington, DC, July 9-- Americans stepped up their borrowing in May as an improving jobs market and growing economy gave consumers more confidence to take on debt.
Manufacturing Recovery Gaining Momentum
New York, July 9--The recovery in U.S. manufacturing appears to be gaining momentum, as a survey of the nation's top manufacturers on future business activity, including orders, shipments and investment, reached a record for the third-straight quarter
It's the Sweet Smell of Success
Sarasota, FL, July 8--Orders are streaming in to a local manufacturer for its Urine-Off, a product with the power to remove stains and odors, according to the Sarasota Herald-Tribune.
Armstrong Intros New Linoleum Line
Lancaster, PA, July 8--Armstrong Floor Products announces the new “Living Colors of Linoleum” Collection, a focused North American portfolio.
NAR: Higher Interest Rates Won't Hurt Housing
Washington, DC, July 8--Interest rates are rising due to healthy economic growth and they won't dampen the general strength of the nation's housing market, according to the National Association of Realtors.
Mannington Wins Best of NeoCon Award
Calhoun, GA, June 8--Mannington Commercial, was awarded a "2004 Best of Neocon - Editor's Choice" Award for its ArtCraft Collection of modular carpet tiles.
Retailers Report Mostly Solid June Sales
New York, July 8—The nation’s retailers reported mostly positive results for June, Wal-Mart however, reported a disappointing sales performance for the month, falling short of the solid business enjoyed by many other big retail chains.
Contractor Bonitz Celebrates 50 Years
Ridgefield, CT, July 7--Lori Dowling, president and CEO for StarNet Commercial Flooring Cooperative, is pleased to announce the 50th anniversary of Bonitz, Inc. in 2004.
Lanxess Starts Operating Independently
Leverkusen, Germany, July 6-- Lanxess, the future company where the Bayer Group will combine almost all areas of its chemicals business and parts of its polymers activities, began operating as an independent unit on July 1, 2004.