Housing Market To End Year on Strong Note
Washington, DC, December 8--Stronger than expected home sales and higher median prices have caused the National Association of Realtors to revise upward its year-end forecast.
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.
Surfaces 2005 On Pace For Record Show
Dallas, Texas, December 7--Surfaces 2005 will have more exhibitors and product introductions than any previous show. Hanley Wood, the owner of Surfaces, said the show will have more products and services, and is on pace to be a record-breaking event.
Armstrong Names New CFO
Lancaster, PA, December 7-- Armstrong Holdings, Inc. announced that F. Nicholas Grasberger has been elected Chief Financial Officer effective January 1, 2005. Grasberger replaces Leonard A. Campanaro who will remain as a financial advisor to the company.
Minimum Security, Maximum Exposure for Martha Stew
Alderson, WV, Dec. 5--Holiday decorating at the Federal Prison Camp for Woman at Alderson should be minimalist this year. But then again, it's always minimal at the minimum security prison in West Virginia, according to the Pittsburgh Post-Gazette.
U.K. Ceramic Market Up 25% Between 1998-2003
Dublin, Ireland--December 6--In recent years, both the domestic and non-domestic ceramic tiles sectors in the UK have exhibited healthy levels of growth.
BP Fabrics Now Propex Fabrics, Acquisition Complet
Houston, San Francisco & Austell, GA, December 3--Propex Fabrics Inc., a subsidiary of Propex Fabrics Holdings Inc. (formerly AFFC Holdings, Inc.), today announced it has finalized the acquisition of BP's Amoco Fabrics and Fibers subsidiary and its as
PTT Poly Canada Announces Successful Start-Up
Montreal, Quebec, December 3-- PTT Poly Canada announced today that it has successfully started up the first world-scale polytrimethylene terephthalate (PTT) polymer plant.
Milliken’s Russell Grizzle New CRI Chairman
Dalton, GA, December 1--Russell Grizzle, President of the USA Carpet Division of Milliken & Company, was elected as Chairman of the Board of the Carpet and Rug Institute (CRI) at the trade association's annual meeting today.
Pergo Signs License Agreement with Malaysian Floor
Trelleborg, Sweden, December 1-- Pergo has signed a license agreement with Robina, a leading laminate flooring company in Asia, regarding production rights for Pergo’s technology SmartLock.
Armstrong to Reduce Work Force by 240
Lancaster, PA, November 30-- Armstrong Holdings, Inc. today announced plans to reduce its workforce, primarily in its flooring division, in response to changing market conditions. This will lead to the elimination of approximately 240 positions, 70 of whi