Weyerhaeuser to Sell Composite Panel Business
Federal Way, WA, November 30, 2005--Weyerhaeuser Co. said Tuesday it would stop making fiberboard and particleboard, selling its six plants that make composite panels.
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.
Most Corporate Fraud Detected by Chance
New York, NY, November 30, 2005—According to a study from auditing firm PriceWaterhouseCoopers, despite tough regulations aimed at improving corporate governance, financial fraud is still on the rise around the world, and most is still detected by chance.
Q.E.P. to Open China Headquarters
Boca Raton, FL, November 30, 2005--Q.E.P. Co. has announced that it will open its new worldwide global sourcing operation in Shanghai, China.
GDP Revised Up To 4.3%
Washington, DC, November 30, 2005 --The U.S. economy grew at a 4.3% annual rate in the third quarter, the Commerce Department said Wednesday in its first revision of gross domestic product estimates.
UK’s Topps Tiles Earnings Up
London, England, November 29, 2005--Flooring seller Topps Tiles reported a 12.9 percent increase in year underlying profit and said the trading environment was volatile and very tough.
Unilin Extends its Action in Australia
Wielsbeke, Belgium, November 29, 2005 – On November 25, 2005 Unilin filed a new Australian patent action before the New South Wales District Registry of the Federal Court of Australia.
MultiFamily Solutions Launches Project MultiFacet
Marietta, GA, November 30, 2005—MultiFamily Solutions, a division of FloorExpo, sets a new standard of excellence in the multi-family business with the launch of Project MultiFacet—a benchmarking program designed to give members a competitive edge.
Consumer Confidence Index Surges in November
New York, NY, November 29, 2005--The Conference Board Consumer Confidence Index, which had declined in October, improved in November.
Decorative Concrete Floors Offer Unique Looks
Pasadena CA, November 29, 2005--The techniques used today with decorative concrete offer architects, interior designers and landscape architects an infinite variety of design, color and texture.
Durable Goods Orders Up 3.4%
Washington, DC, November 29, 2005--Orders for durable goods increased 3.4% in October after falling a revised 2.0% in the previous month, initially reported as a 2.4% decline.