Solutia Completes an Increase of its DIP Credit Fa
St. Louis, MO, January 26, 2007--Solutia said it has successfully completed the extension and upsizing of its debtor-in-possession (DIP) credit facility at a reduced interest rate.
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.
Dow Chemical 4Q Earnings Off
Midland, MI, January 25, 2007--Dow Chemical reported fourth-quarter earnings that declined 11 percent as higher costs offset a modest rise in sales.
Blake Could Make up to $8.9M this Year
Atlanta, GA, January 24, 2007--Home Depot said in a regulatory filing Wednesday that its new chief executive, Frank Blake, could earn as much as $8.9 million this year.
Acoustical Solutions Intros Iso-Step Floor Underla
Richmond, VA, January 19, 2007-- Acoustical Solutions has launched Iso-Step floor underlayment, product that provides floor soundproofing solutions for every condition in multi-family residential design.
15 New Solutions Join CRI Seal of Approval Ranks
Dalton, GA, January 19, 2007--Nine pre-sprays, five spot removers and an in-tank solution are the latest products to join the CRI Seal of Approval family.
Fed’s Poole: Need Convincing Evidence to Cut Rates
St. Louis, MO, January 18, 2007--Federal Reserve Bank of St. Louis President William Poole said on Wednesday he would require very convincing evidence to back an interest rate cut, but he did not rule out such a move.
RollMaster Introduces B2BMaster Stand-Alone Softwa
Lynn Haven, FL, January 16, 2007--Roll-Master Flooring Software has launched B2BMaster, a new, stand-alone software advance designed to bring B2B efficiencies to dealers of all sizes, regardless of their current software or accounting system.
Master Tile Appoints New Senior Management
Houston, TX January 17, 2007--Master Tile, a nationwide distributor of fine ceramic and porcelain tile as well as cut stone, stone slabs and setting materials, announces the appointment of 2 new senior managers.
H.B. Fuller 4Q Earnings Up
St. Paul, MN, January 17, 2007--H.B. Fuller Co. reported fourth-quarter earnings that rose 10.8 percent from a year ago as selling prices increased and volumes declined.
Q.E.P. Reports 3Q Results
Boca Raton, FL, January 17, 2007--Q.E.P. Co. reported financial results for its fiscal 2007 third quarter and nine months ended November 30, 2006.