Credit Card Defaults Hit 2010 Low in December
New York, NY, Jan. 19, 2011 -- Credit card defaults hit a low for the year in December, according to Fitch Ratings.
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.
Congoleum Joins List of Firms Raising Prices
Mercerville, NJ, Jan. 18, 2011 -- Resilient maker Congoleum said it will increase prices 4–6% on all Congoleum products, effective with shipments on March 1.
Homebuilding Sentiment Unchanged in January
Washington, DC, Jan. 18, 2011 -- The National Association of Home Builders' housing market index was unchanged in January, as many builders remain pessimistic that home sales will improve anytime soon.
BASF Announces Another Price Hike
Florham Park, NJ, Jan. 18, 2011 -- BASF said it will increase the price for Polyamide 6 and Polyamide 6,66 polymer by $0.08 per pound, effective Feb. 1.
Trade Group Says Laminate Sales Up in 2010
Bielefeld, Germany, Jan. 18, 2011 -- Trade group European Producers of Laminate Flooring said its producers worldwide sold 479 million square meters of flooring in 2010, according to DIYWeek.net.
Bona To Supply Finishes for BR-111 Products
Miami, FL, Jan. 18, 2011 -- BR-111 Exotic Hardwood Flooring said it has a partnership with Bona IC to exclusively feature Bona U.V. finishes on all of BR-111 products.
NC Museum To Display Capel Rug in Collection
Raleigh, NC, Jan. 18, 2011 -- The North Carolina Museum of History is recognizing Capel Rugs by accepting one of Capel's braided rugs into its permanent artifact collection.
Rizzy Home Names Business, Creative Directors
Calhoun, GA, Jan. 18, 2011 -- Rizzy Home has named Tim Donahue director of business development and Scott Evans creative director for textiles.
China Driving Demand for Nylon 6
Beijing, China, Jan. 18, 2011 -- In light of recent price increases announced by carpet mills and their suppliers, it's worth noting that China is leading market growth for nylon 6, according to Plastics and Rubber Weekly.
Two Pfleiderer Board Members Step Down
Neumarkt, Germany, Jan. 18, 2011 -- Pfleiderer said that supervisory board members Christopher von Hugo and Helmut Burmester are stepping down from their positions effective Feb. 17.