Kronoerg to Increase Laminate Production in Poland
Warsaw Poland, November 18--Kronoerg, the laminate subsidiary of Austrian Kronospan, plans to open a new z³.120 million production plant in May 2005 according to the Business Journal.
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.
LEED Intros Commercial Interiors Rating System
Washington, D.C., November 18--The U.S. Green Building Council (USGBC) has introduced the brand new LEED Green Building Rating System for Commercial Interiors (LEED-CI).
Industrial Production Up 0.7% in October
Washington, DC, November 18--Industrial production rose 0.7 percent in October, according to the Federal Reserve. Capacity utilization rose to 77.7 percent from a revised 77.3 percent for September.
Kmart & Sears to Merge
Troy, MI & Hoffman Estates IL, November 17--Kmart Holding and Sears have signed a definitive merger agreement that will combine Sears and Kmart into a major new retail company named Sears Holdings Corporation.
Unifi To Close Two Production Lines, Downsize
Greensboro, NC, October 19--Unifi Inc. announced that it will be shutting two production lines and downsizing its recently acquired Kinston, North Carolina facility.
2Q GDP Revised Up to 3.3%
Washington, September 29—The economy in the second quarter grew more than originally estimated. It was revised higher to a 3.3 percent annual rate from the 2.8 percent previously reported, the Commerce Department said Wednesday
Congoleum Notifies Rivals on Possible Patent Infri
Mercerville, NJ, September 28 – Today Congoleum announced that it has notified both IVC/Balta U.S. Inc. and Tarkett that they may be importing and selling one or more resilient flooring products that may infringe on its U.S. Patent #6, 730, 388 B2.
Existing Home Sales Off 2.7% in August
Washington, September 24--Sales of existing single family homes slipped last month but remain at historically high levels, according to the National Association of Realtors.
Mixed August for Southern California Home Market
La Jolla,CA, September 17---Sales trends differed sharply in local Southern California markets last month. Orange County experienced its weakest August in eight years while the Inland Empire experienced its strongest August ever.
Sixteen Lowe's Stores Closed By Ivan
Mooresville, NC, September 17--Lowe's Cos. has 16 stores, mainly along Interstate 10 in Alabama and Florida, that are closed because of Hurricane Ivan, said Gregory Wessling, senior vice president of store operations in the southeast.