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.
Lahore, Pakistan, Feb. 16--Pakistan exports hand-knotted carpets worth US$131.78 million during the first seven months of the current fiscal year against exports of US $122.898 million during the corresponding period of the previous year.
Auckland, New Zealand, Feb. 16--Feltex Carpets has become the latest victim of an overvalued kiwi dollar.
Newport Beach, CA, Feb. 16--A cutting-edge new self-leveling Portland cement-based underlayment that offers high compressive strengths and superior bonding characteristics is now available from Hacker Industries.
Detroit, MI, Feb. 13--The Securities and Exchange Commission has dropped its accounting fraud case against two former Kmart Corp. executives, a lawyer for one of the men said Thursday.
Auckland, New Zealand, Feb. 13-- The Feltex Group recorded a net surplus of $11.4 million for the six months ended 31 December 2003.
Mount Olive, NJ, Feb. 12--BASF today announced that it will increase prices for Ultramid polyamide (PA) 6 spinning polymer, compounding resins and caprolactum in North America by six cents per pound, effective March 1.
New York, NY, Feb. 13--The University of Michigan's preliminary consumer sentiment index for February dropped to 93.1 from a revised 103.8 in January.
Midland, MI, Feb. 13--The Dow Chemical Company announced today the unanimous election of Andrew N. Liveris to the Board of Directors.
Lemont, IL, Feb. 13--WG McMahon Inc., a subsidiary of Kraus Carpet Mills, has acquired a majority interest in Royal Scot Floorcovering Distribution.
Wilmington, DE, Feb. 12--DuPont Co. textile unit Invista is planning to offer $1.2 billion in senior notes and $1.8 billion in bank credit facilities to help finance Koch Industries Inc.'s leveraged buyout of the unit.