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.
New York, NY, Apr. 26--Widespread use of green and sustainable real estate development hinges on convincing the land use industry that applying the practices makes sound business sense, from energy savings to added property value.
Wilmington, DE, Apr. 27--DuPont Co. said profits rose 25 percent in the first quarter on foreign exchange gains and sales of synthetic fibers and chemicals used to make electronics.
Washington, DC, Apr. 27--Existing single-family home sales rose strongly in March to the second-highest level on record, according to the National Association of Realtors.
Dalton, GA, Apr. 27--Shaw Industries has named Kathy Young to the company’s newly created position of creative director.
Wilmington, DE, Apr. 26--DuPont Co. said Monday that it expects to realize a gain of about $77 million from the sale of its Invista textiles and interiors unit to two Koch Industries Inc. units.
London, England, Apr. 26--U.S. fiber manufacturer Invista priced a larger than expected $675 million high-yield bond on Friday, dropping a planned euro-denominated tranche, a banking source said on Monday.
Sudbury, MA, Apr. 26--One of the biggest misconceptions in the flooring business, according to Tracey Marinucci of Only Flooring Inc., is that the untrained husband can install the floor himself as a weekend project.
Dalton, GA, Apr. 26--Honeywell announced the launch of a new environmental initiative in which Zeftron-branded products bearing the Enviro6ix logo are guaranteed to contain a minimum of 25 percent recycled content.
Trelleborg, Sweden, Apr. 26--Pergo AB has announced that Staffan Söderqvist will take up the position as Sr VP Finance and CFO at Pergo. The preliminary starting date will be in either June or July.
Troy, MI & New York, NY, Apr. 26--Kmart and Martha Stewart Living Omnimedia announced today that the companies have reached an agreement.