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.
New York, August 19-- More than half of all U.S. residential Internet users reached the Web via fast broadband connections in July, outpacing use of slower, dial-up connections for the first time, market researcher Nielsen//NetRatings said on Wednesday.
Martinsville, VA, August 19--Major furniture manufacturer and importer Hooker Furniture, with 2003 net sales of $309 million, announced today that it will close its Maiden, N.C. plant by late October 2004.
Chicago, August 19 - Lumber prices rose to the highest level in 10 years Wednesday on the Chicago Mercantile Exchange.
Bainbridge Island, WA, August 18 - Teragren LLC, a leading manufacturer of bamboo hardwood flooring, has consolidated its two bamboo brands, Teragren and TimberGrass, into one - Teragren.
Houston, TX, August 18--To accommodate more than 10,500 Olympic athletes in Athens new athletic facilities and an Olympic Village needed to be constructed before the opening ceremony of the 2004 Summer Olympics, Tarkett Commercial supplied flooring for m
Washington, August 17— Housing starts surged by a larger-than-expected 8.3% to a seasonally adjusted annual rate of 1.978 million in July, according to the Commerce Department.
Washington, DC, August 17--Output of the nation's factories, mines and utilities rose in July, but June's losses were revised downward, offsetting any gains to the level of production, the Federal Reserve said Tuesday.
Atlanta, GA, August 17--Home Depot reported record second quarter net earnings of $1.5 billion, $0.70 per diluted share, up 25 percent, for second quarter fiscal 2004.
Ludwigshafen, Germany August 17-- BASF AG says it will turn away back business if it cannot raise prices for its styrene-based and nylon products because of the soaring price of benzene, the main feedstock for styrene and caprolactam.
Washington, August 13--Producers prices increased a moderate 0.1 percent in July, the Labor Department estimated Friday.