Germany’s Vorwerk Posts Record Year
Wuppertal, Germany, June 17--In the year 2004 carpet and household appliance maker Vorwerk continued the very good growth development of the past years.
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.
StonePeak Ceramics Names Two Regional Sales Manage
Chicago, IL, June 17--StonePeak Ceramics Inc. hired Drew Giungo and Doug Snell as regional sales managers in the Northeast and Southeast regions, respectively.
Iranian Claims Pakistani Weavers Imitating Persian
London, England, June 17--An expert on carpet affairs said that Pakistan has taken full advantage of poor state support for the industry in Iran to imitate the designs of Persian carpets and export them to international markets.
EU Sends Statement of Objections in Synthetic Rubb
Brussels, Belgium, June 17--The European Commission confirmed it sent a 'statement of objections' detailing competition concerns to a series of synthetic rubber producers accused of operating a cartel, according to afx news.
Housing Starts Up in May
Washington, DC, June 16--Housing starts rose 0.2% in May to a seasonally adjusted 2.009 million annualized units from April's revised 2.005 million, according to the Commerce Department.
Tandus Announces 1Q Financials
Dalton, GA, June 15--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and Subsidiaries, announced its financial results for the first quarter (13 weeks) ended April 30, 2005.
Wellman to Take $24M Charge in Lawsuit Settlement
Shrewsbury, NJ, June 16--Wellman Inc on Wednesday said it would record a pretax charge of $24 million in the 2005 second quarter to cover the cost of a lawsuit settlement.
Ilva's Paesina Collection Offers Modern Porcel
Coconut Grove, FL, June 16--Modern décor continues to grow in popularity in homes and businesses nationwide, and Ilva S.A. - the Argentine manufacturer of porcelain tile - has introduced its Paesina Collection as a reflection of that style.
Group Mobilizes To Stop Asbestos Legislation
Washington, DC, June 16--The Coalition for Asbestos Reform (C.A.R.), a group of small and medium sized businesses and major insurance companies, announced today that it has engaged a team to educate U.S. businesses and policymakers about the serious flaws
Beige Book: Economy Expanding
Washington, DC, June 16--The economy expanded across the nation from mid-April through May as tourism, real estate, and manufacturing strengthened and the job market improved nationwide, according to the Federal Reserve’s beige book survey.