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.
Beijing, China, July 21--China has dropped its policy of pegging its currency to the U.S. dollar, but switched the link to a basket of foreign currencies in a move that could push up the price of Chinese exports to the United States and Europe.
Beijing, China, July 20--The China Timber Distribution Association is calling on Chinese laminate flooring makers to respond to an intellectual property rights infringement lawsuit in the United States, according to China Daily.
Washington, DC, July 20--Remodeling expenditures saw record growth in 2004, up 12.3 percent from 2003, and the National Association of Home Builders sees continued growth ahead.
Calhoun, GA, July 20--Mohawk reported second quarter earnings of $93.8 million and earnings per share of $1.39, both 8% above last year. Analysts were looking for second quarter earnings per share of $1.35.
Dalton, GA, July 19--A study commissioned by the German Allergy and Asthma Society concluded the average fine dust concentration in indoor rooms equipped with smooth flooring material is twice as high as indoor rooms equipped with wall-to-wall carpet.
Neumarkt, July 18--Pfleiderer AG is acquiring the engineered wood activities of the Kunz Group, Unterensingen.
Dalton, GA, July 18--The final New Jersey budget and related legislation passed by the legislature was signed by the Governor on Saturday, July 2.
Sacramento, CA, July 18—-With less than a year before California's ban on a class of flame retardants takes effect, no substantive discussions at any level of state government are taking place.
New York, NY, July 15--Chief executives across the United States are less confident about the state of the economy now than they were in the first quarter of this year, The Conference Board reports today in its latest survey of CEOs.
Salem, NJ, July 15--Mannington has announced the launch of its new "Virtual Decorator" on its web site, Mannington.com. The program is a completely customizable, flexible tool to help consumers see what their finished room will look like by experimenting