DAK Americas Adds to PET Resin Business
Charlotte, NC, June 17, 2011 -- DAK Americas said it has agreed to buy the polyethylene terephthalate (PET) resin business of Wellman Inc. for $185 million.
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.
NWFA Announces 2012 Convention Dates
St. Louis, MO, June 17, 2011 -- The National Wood Flooring Association will host its 2012 Convention in Orlando April 10 - 13.
Consumer Sentiment Declines in Early June
Ann Arbor, MI, June 17, 2011 -- A measure of consumer sentiment declined to 71.8 in early June from 74.3 in May, according to the Thomson Reuters/University of Michigan survey released Friday.
Bank Lending to Small Businesses Falls in Q1
Washington, DC, June 17, 2011 -- Small business lending by banks fell $15 billion in the first quarter, according to a report from the U.S. Small Business Administration's Office of Advocacy.
Styron Publishes First Sustainability Report
Berwyn, PA, June 17, 2011 –- Styron said it has published its first Sustainability and Corporate Social Responsibility Report.
Natick Rug Business Moving to Larger Quarters
Natick, MA, June 17, 2011 -- Dover Rug & Home in Natick said it will be moving this fall to the former site of Fairway Bowling in Natick, which will more than double the size of the showroom.
Housing Starts Rise in May, Permits Surge
Washington, DC, June 16, 2011 -- Housing starts recovered partially in May from a steep drop in April, the Commerce Department estimated Thursday.
Oil Prices Plummet on Greece Unrest
New York, NY, June 16, 2011 -- Oil prices plunged more than 4% Wednesday to their lowest level in nearly four months.
Initial Jobless Claims Fall
Washington, DC, June 16, 2011 -- Initial jobless claims for unemployment benefits fell last week, though applications remain above levels consistent with a healthy economy.
Homebuilder Sentiment Declines in June
Washington, DC, June 16, 2011 -- U.S. homebuilder sentiment unexpectedly fell in June to its lowest level since September 2010 as the market continued to struggle, the National Association of Home Builders said.