Foamex Moves To Reduce Debt
Linwood, PA, December 26, 2007--Foamex International Inc. said that by December 30, it will pay $40 million toward debt retirement.
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.
Health Supplies Website Touts Vinyl for Hospitals
Lawrence, KA, December 26, 2007--Vinyl flooring is being touted as a way to prevent the spread of infections in hospitals by the website Healthcare Equipment and Supplies.
Pittsburgh Carpet Chain Closes Unexpectedly
Penn Hills, PA, December 26, 2007— Prizant's Carpet, a 10-store Pittsburgh-area carpet chain, closed down shortly before Christmas.
Consumer Spending Swells in November
Washington, DC, December 21, 2007--Consumers apparently ignored some of the gloomy economic news and spent and increased their spending by the highest rate since May of 2004.
Commercial Construction Looks Healthy for 2008
Washington, DC, December 20, 2007-- Commercial construction is expected to perform well in 2008 despite predictions of a U.S. recession, according to a study by the American Institute of Architects.
Vietnam Ceramic Tile Plant Breaks Ground
Ha Tay, Vietnam, December 21, 2007 — Style Stone joint venture company has begun construction of a $220 million ceramic tile plant in Bac Phu Cat IZ, in the northern province of Ha Tay.
China Expects Substantial Growth in 2008
Beijing, China, December 21, 2007--China's economic growth is expected to slow slightly next year to 10.9 percent.
New Solutia Stock Begins Limited Trading
St. Louis, MO, December 20, 2007-- New Solutia Inc. common stock issued pursuant to its bankruptcy reorganization is listed on the New York Stock Exchange.
Jobless Claims Rise More Than Expected
Washington, DC, December 20, 2007--The Labor Department said Thursday that new applications filed for jobless benefits rose by a seasonally adjusted 12,000 to 346,000.
Faus Has Partnership with American Home Surfaces
Calhoun, GA, December 20, 2007–Laminate floor maker Faus Group Inc. has signed a partnership agreement with American Home Surfaces Group, effective Jan. 1.