Solutia Raises Prices for Nylon Carpet Fiber
St. Louis, MO, September 6--Solutia announced that it will increase the price on all nylon carpet fiber products by 8 to 12 percent for all shipments on or after Oct. 1, 2005.
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.
NAHB Releases Study on Impact of Katrina
Washington, Dc, September 6--Economists for the National Association of Home Builders (NAHB) have released the following report on how the destruction spawned by Hurricane Katrina could affect the price and supply of building materials.
Shaw Purchasing U.S. Nylon Carpet Fibers Business
Dalton, GA, Sept. 1--Shaw Industries Group, Inc., a subsidiary of Berkshire Hathaway, has agreed to purchase the U.S. nylon carpet fibers business from Honeywell International based in Morris Township, NJ.
IWT Tesoro Corp. Revenue Rises 24.7%
Westport, CT, August 31--IWT Tesoro Corp., a leading provider of ceramic, porcelain and natural stone wall and floor covering materials, announced second quarter 2005 revenue of $14.4 million, an increase of $2.8 million over the quarter ended June 30, 20
Shaw Launches National Consumer Ad Campaign
Dalton, GA, Sept. 2--Shaw Industries is launching a major national consumer advertising campaign using the country’s leading shelter publications.
Construction Spending Flat in July
Washington, DC, Sept. 1--Construction spending was flat in July against forecasts for a 0.5 percent gain, government data showed on Thursday, following sharp revisions to previous months due to a change in methodology.
Dixie Group Reports Temporary Disruption Due to Hu
Chattanooga, TN, August 31--The Dixie Group, Inc. is experiencing temporary disruptions at its carpet distribution facilities located in Saraland, Alabama due to the effects of Hurricane Katrina.
Interface Flooring Systems Names New President
LaGrange, GA, August 31--Long-time Interface Flooring Systems associate and current Senior Vice President of Operations David Hobbs will become president of Interface Flooring Systems. Hobbs will assume the presidency of the Troup County, Ga. carpet manuf
Consumer Confidence Index Increases to 105.6 in Au
New York, August 30--Consumer confidence in the U.S. rose in August according to The Conference Board's consumer confidence index, which climbed to 105.6 this month from a revised 103.6 in July.
Congoleum Reaches Asbestos Settlement with UK Insu
London, England, August 30--Equitas, the representative for London's Lloyd's commercial insurance, will pay $300 million to six U.S. companies to settle claims related to workers' exposure to asbestos.