Foamex Posts $10.9M Loss in 1Q
Linwood, PA, May 13--Foamex International reported a net loss in the first quarter of 2005 of $10.9 million, or $0.44 per diluted share.
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.
Fundamentals Postive in the Commercial Real Estate
Washington, DC, May 13--The four major sectors of the commercial real estate market – office, retail, industrial and multifamily –can expect improvement over the next two years.
Collins & Aikman Hit by Liquidity Issues, CEO Out
Troy, MI, May 13--Auto parts and carpet supplier Collins & Aikman said its chief executive resigned as it faces significant near-term liquidity issues.
Consumer Sentiment Off in May
Ann Arbor, MI, May 13--Consumer sentiment as measured by the University of Michigan's preliminary index dropped unexpectedly to 85.3 in May from 87.7 in April.
OSHA Drops Proposal Harmful to Small Contractors
Washington, D.C., May 13--The Associated General Contractors of America announced that OSHA withdrew a proposal harmful to small contractors.
TCNA Handbook Offers 5 New Ceramic Installation Me
Clemson, SC, May 13--Introduced at Coverings 2005, the Tile Council of North America’s (TCNA) 2005 Handbook for Ceramic Tile Installation includes more than 300 updates.
Import Prices Up 0.8%
Washington, DC, May 13--Prices of imports into the United States rose a larger-than-expected 0.8% in April on higher prices for oil, metals and chemicals.
Beaulieu Names Abramowicz Divisional VP
Dalton, GA, May 13--Beaulieu of America appointed Richard V. Abramowicz divisional vice president of their central sales division.
Crossville Names Mike Sellers to New Position
Crossville, TN, May 13--Crossville, Inc. has named Mike Sellers to the newly created position of Technical Services Administrator.
Trade Shows Help New Zealand Wool with Global Succ
Auckland, New Zealand, May 12--Success at two key international trade fairs has affirmed New Zealand wool’s status as a key component of premium-quality carpets.