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.

Bostik Findley, Renamed Bostik

Wauwatosa, WI, December 1-- Bostik Findley, Inc., a leading global manufacturer of adhesives, sealants and lubricants, has changed its name to Bostik, Inc.

Bayer Shareholders Approve Lanxess Spin Off Plan

Leverkusen, Germany, November 30--At an extraordinary general meeting on Wednesday, the majority of shareholders in Bayer, the German chemicals and pharmaceuticals company, voted in favour of a spin-off of Lanxess.

Average Housing Prices Up 8.5% in October

Washington, D.C., November 30 -- The Federal Housing Finance Board reported today that the national average one-family house purchase price in October was up 8.5% from a year ago.

Tarkett To Acquire Marley Floors

Frankenthal/Lenham, Germany, November 30--Tarkett AG has signed an agreement to acquire the business of Marley Floors from ETEX Group SA, Belgium.

NOFMA Names New Officers, Board Members

Memphis, TN, November 30—NOFMA: The Wood Flooring Manufacturers Association elected John Clark, Cherrybark Flooring, Hazelhurst, Miss., to lead the Association as President for 2005.

Chain Store Sales Off Last Week

New York, NY, November 30--Chain store retail sales were off 1.5 percent in the week ended November 27, compared with a 0.8 percent rise in the previous week, the International Council of Shopping Centers and UBS said in a joint report.

Revised 3Q GDP Up 3.9%

Washington, DC, November 30—The economy grew at a more rapid pace during the summer than the government first believed. Gross domestic product increased during the third quarter at a 3.9% annual rate, faster than the 3.7% pace initially estimated, the Com