Consumer Sentiment Falls to 26-Year Low
Ann Arbor, MI, April 25, 2008--U.S. consumer sentiment fell more than expected in April to its lowest level in 26 years, a sign that Americans are likely to curb spending.
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.
Laticrete Opens New Plant in China
Bethany, CT, April 25, 2008--Laticrete International marked the opening of its manufacturing plant in China on April 2 at Songjiang, Shanghai
Interface Shares Tumble Despite Record Quarter
New York, NY, April 25, 2008—Despite a record first quarter, shares of Interface Inc. fell Thursday after the Atlanta firm posted first-quarter earnings below Wall Street expectations.
Classen, Välinge, End Patent Legal Dispute
Viken, Sweden, April 25, 2008--Classen and Välinge have reached an agreement which puts an end to their legal disputes related to fold down patent rights and allows easier access to the respective Megaloc and 5G technologies for future licenses.
Professor's Work Leads to Major Carpet Purchase
Madison, WI, April 25, 2008--A textiles professor at the University of Wisconsin helped the Los Angeles Community College District insist on buying environmentally friendly carpeting for an $83 million contract.
Scandian Moves Corporate Office to Houston
Houston, TX, April 25, 2008--Scandian Wood Floors has completed its corporate office move to Houston.
Clarion Laminates Plant Open for Business
Clarion, PA, April 25, 2008— Public officials and company representatives toured the new Clarion Laminates manufacturing plant Thursday.
Antron Presents Various Awards
San Francisco, CA, April 25, 2008 – The 23rd Antron Carpet Fiber Design Award grand prize was presented to Cohos Evamy integratedesign.
3M Net Income Falls in Quarter
St. Paul, MN, April 25, 2008--3M Co. reported a 28 percent drop in first-quarter net income.
New Homes Sales Slowest in Over 16 Years
Washington, DC, April 24, 2008--Sales of new homes fell in March to the lowest level in more than 16 years as the housing industry slumped further at the start of the spring sales season.