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.
Minneapolis, MN, October 9, 2007--H.B. Fuller Co. said it has agreed to sell its automotive joint venture to its main venture partner EMS Chemie Holding AG for $80 million in a move to focus on other businesses.
New York, NY, October 9, 2007--Signature Fencing and Flooring, the world's largest manufacturer, designer and renter of turf protection systems and specialty plastic flooring, has been purchased by Dubin Clark Company.
London, England, October 9, 2007--Carpetright Chairman Philip Harris offered to buy the rest of the U.K.'s largest carpet retailer for 630 million pounds ($1.3 billion) after the stock declined and sales fell.
Lawrence, MA, October 5, 2007—Two German investment firms have purchased Freudenberg Building Systems, manufacturer of Nora rubber flooring.
Florham Park, NJ, October 8, 2007--BASF today opened two new manufacturing plants to produce nylon and superabsorbent polymers at its site in Freeport, Texas.
Dalton, GA, October 8, 2007--Six cleaning solutions have been added to the Carpet & Rug Institute (CRI) Seal of Approval list.
Lancaster, PA, October 8, 2007--Armstrong World Industries said it has received the majority of approximately $180 million in refunds for federal income taxes paid over the last 10 years.
New York, NY, October 8, 2007--The Conference Board Measure of CEO Confidence, which had declined to 45 in the second quarter of 2007, edged down to 44 in the third quarter.
High Point, NC, October 8, 2007--According to the trend-trackers at "High Point Market Live," the most fashion-forward looks on the home furnishings horizon include retro-inspired patterns.
Viken, Sweden, October 8, 2007--Construction on Valinge's new 17,000 square meter research and development facility in Viken started September 25 and will be finalized next fall.