Hunter Douglas Acquires French Sunscreen Fabric Ma
Upper Saddle River, NJ, August 2--Hunter Douglas has acquired 91.8 percent of Mermet and its global operations from the Mermet family.
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.
Specialty Retailers Gaining Market Share
Washington D.C., August 2--After a tough year of consolidations and mergers among department, drug and grocery stores, specialty stores are gaining a wider market share, making them a major force in retailing.
Personal Income and Spending Up in June
Washington, DC, August 2--Personal income was up at a seasonally adjusted annual rate of 0.5% in June, according to the Commerce Department. June’s hike came after an unrevised increase of 0.2% in May.
ServiceMaster 2Q Earnings Up 13.5%
Downers Grove, IL, August 2--ServiceMaster in the second quarter reported an increase in earning of 13.5 percent.
Chain Store Sales Up Last Week
New York, NY, August 2--Chain store retail sales rose 0.9 percent in the week ended July 30, compared with a 0.4 percent increase the previous week.
Villeroy & Boch Boosts Job Cuts
Mettlach, Germany, August 2--Villeroy & Boch, the German ceramics group, is scaling up its job-cutting plan, and now envisages around 300 job cuts in the current year.
PPG Acquires Asian Maker of Specialty Wood Coating
Pittsburgh, PA, August 2--PPG Industries has acquired Crown Coating Industries of Singapore, a privately held manufacturer of specialty wood coatings. Terms were not disclosed.
Manufacturing Activity Up in July
Tempe, AZ, August 1--Economic activity in the manufacturing sector grew in July for the 26th consecutive month, while the overall economy grew for the 45th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On
House Passes Association Health Plan Legislation
Washington, DC, August 1--The U.S. House of Representatives on July 27 passed the Small Business Health Fairness Act (H.R. 525), a bill that permits the formation of association health plans (AHPs).
Feltex Revises Earnings Again
Wellington, New Zealand, August 1--The reputation of the Feltex board led by chairman Tim Saunders is not improving with age. This week, the beleaguered carpet manufacturer revised its June-year earnings for the third time in four months.