Centex 1Q Earnings Up 32%
Dallas TX, July 27--Home builder Centex reported first quarter earnings that rose 32 percent, driven in part by an increase in home closings and selling prices, and it raised its full-year outlook.
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.
Taiga Named Supra Distributor in Canada
Toronto, ON, July 27--Supra Floors Inc., a manufacturer of innovative flooring products, has appointed Taiga Forest Products Ltd. of Burnaby B.C. exclusive distributor in Canada of its Subflor Advance and Subflor Supreme flooring for concrete.
Durable Goods Orders Up 1.4% Beat Estimates
Washington, DC, July 27—-Orders for durable goods increased 1.4% in June, according to the Commerce Department, the third straight strong monthly increase.
Solutia Gets Approval to Negotiate Sale of Affilia
St. Louis, MO, July 26--Solutia Inc. has won Bankruptcy Court approval to enter into exclusive negotiations with a potential buyer for its affiliate, Astaris L.L.C. Solutia and FMC Corp.
IICRC Launches Pollution Liability and General Lia
Vancouver, WA, July 26--The IICRC has announced a new opportunity for IICRC-Certified Firms – an opportunity that will probably be of interest to restoration-oriented companies, especially those offering mold remediation.
Manufacturing Job Growth Slowed in July, Key Vacan
Alexandria, VA, July 26--Although employment growth was slower for manufacturing firms this month than last, employers are have more difficulty finding skilled applicants to fill key positions.
Consumer Confidence Dips In July
New York, NY, July 26--The Conference Board’s Consumer Confidence Index, which had increased in June, dipped in July.
Chain Store Sales Up for 4th Consecutive Week
New York, NY, July 26--Chain store retail sales rose for the fourth consecutive week, as seasonal goods continue to push sales, a retail report said on Tuesday.
Canadian Firm Invests $1 Million in Vietnam Wood C
Ho Chi Minh City, Vietnam, July 26--Canadian PG Hardwood Flooring has decided to invest US$1 million in Ho Chi Minh City’s Wood Processing Company Gosago for exclusive rights to distribution of the company’s wooden tiles in North America.
List of Greenspan Replacements Grows
Washington, DC, July 25--Economist and author Todd Buchholz, an adviser to President George W. Bush during the 2004 presidential campaign, is being considered by the White House for a seat on the Federal Reserve Board, sources close to the administration