ISM Non-Manufacturing Index Up in July
Tempe, AZ, August 4--Service businesses, which account for the bulk of the economy, expanded at a faster pace in July, according to a private survey.
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.
Q.E.P. Acquires Underlayment Manufacturer
Boca Raton, FL, August 5--Q.E.P. Co., Inc. (Nasdaq:QEPC) has acquired substantially all the assets of Tuplex Corporation of Naperville, Illinois.
Flooring America’s Summer Convention Hits Nashvill
Manchester, NH, August 5--Nashville, Tennessee, is rolling out the red carpet for It’s Showtime!, Flooring America’s Summer 2004 National Convention to be held Thursday and Friday, August 26-27th, at the Marriott Renaissance Nashville Hotel and Conference
Flooring Knock-Off Artist Nabbed in Russia
Moscow, Russia, August 5--Russian police plan to deport a British man who has been selling counterfeit flooring materials to construction firms, the Interfax news agency said.
Witex USA Names Trau EVP Sales & Marketing
Kennesaw, GA, August 4-- Witex USA, Inc. has announced the addition of industry veteran, Paul Trau to their management team. Trau will fill the newly created position of Executive Vice President of Sales and Marketing.
Factory Orders Up 0.7% in June
Washington, DC, August 4--Demand for U.S. factory goods showed surprising strength during June in another key sign issued this week of improvement in the manufacturing sector.
Martha Stewart Living Posts Wider 2Q Loss Then Exp
New York, NY, August, 3-- Martha Stewart Living Omnimedia posted a loss of $19.29 million, or 39 cents per share, in the second quarter, in contrast to a profit of $931,000, or 2 cents per share, in the year-ago period.
Weekly Chain Store Sales Up Modestly
New York, August 3-- U.S. chain store sales rose modestly last week, helped by cool weather, back-to-school shopping and state sales tax holidays in Florida and Georgia, a report said on Tuesday.
Minuteman’s 2Q Sales & Earnings Up
Addison, IL, August 2-- Floor-care equipment and chemicals manufacturer Minuteman International reported increased sales and net income for the second quarter of 2004 compared with the second quarter of 2003.
Mohawk, Flooring Retailer Hit With $5.4M Judgment
Nashville, TN, August 3--A Cool Springs, Tennessee carpet retailer plans to appeal a jury verdict awarding $5.4 million in damages to a competitor, its attorney said Monday.