Designer Vern Yip and Stainmaster Makeover Contest
Atlanta, GA, March 25--Celebrity designer Vern Yip will detail the transformation of one room in the home of the Stainmaster carpet Designer Makeover Contest winner in a live webcast.
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.
NAHB Looking for Late Winter Housing Rebound
Washington, DC, March 25—-Responding to news yesterday that sales of new single-family homes increased 9.4 percent in February, the National Association of Home Builders (NAHB) said they expect a late-winter rebound.
BASF to Phase Out Enka, NC Nylon Production
Ludwigshafen, Germany, March 24--BASF is planning to phase out nylon (nylon 6) polymers production at it Enka, N.C. site by 2007 and consolidate production of these materials at its site in Freeport, Texas, according to Inteletex.
New Home Sales 2nd Highest on Record
Washington, DC, March 24--New homes sales rose 9.4 percent in February to a seasonally adjusted annual rate of 1.226 million, according to the Commerce Department.
Existing Home Sales Off in February
Washington, DC, March 23--Existing home sales slipped in February but remained above year ago levels.
OMNOVA's Losses Widen in 1Q
Fairlawn, OH, March 22--OMNOVA Solutions Inc. reported a loss of $10.9 million, or $0.27 per diluted share, for the first quarter of 2005, compared to a loss of $5.8 million, or $0.14 per diluted share, during the first quarter of 2004.
Forbo Posts Loss in 2004
Eglisau, Switzerland, March 22--Forbo sales rose in the past year by 1.5% to CHF 1.622 billion (plus 2.3% in local currencies).
Armstrong Launching Aggressive Product and Marketi
Lancaster, PA, March 23--Armstrong hasn’t let the recent setback to its Chapter 11 reorganization plan stop it from investing in its future. The company is embarking on an ambitious "refocusing and reinvestment" strategy in 2005, building on its well-reco
Solutia Announces Executive Changes
St. Louis, March 21--Solutia Inc. has announced two changes to its executive leadership team, effective immediately.
CVC Lowers Minimum Acceptance for Forbo Takeover
Zurich, Switzerland, March 21--Private equity group CVC Capital Partners has lowered its minimum acceptance threshold for a successful takeover of Forbo Holding AG.