Välinge Enters Agreement with Baroque Timber
Viken, Sweden, May 17, 2011--Välinge and Baroque Timber (Zhongshan) Co., Ltd. have entered into a global non-exclusive license agreement for Välinge's mechanical locking system in LVT flooring.
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 Purchases Porta-Nails
Boca Raton, FL, May 17, 2011--Q.E.P., owner of Harris Hardwood, has purchased Porta-Nails, Inc.
Builder Confidence Remains Unchanged
Washington, DC, May 16, 2011--Builder confidence in the market for newly built, single-family homes was unchanged at the low level of 16 in May, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
IVC's Dalton Plant Grand Opening Today
Dalton, GA, May 16, 2011--The IVC Group holds its grand opening event for its new IVC U.S. headquarters today in Dalton, Georgia.
Armstrong Names VP of Marketing
Lancaster, PA, May 16, 2011--Mara Villanueva-Heras was named vice president of marketing for Armstrong World Industries, Inc.
Mohawk CEO's Compensation Grew in 2010
Calhoun, GA, May 16, 2011--The Chattanooga Times Free Press reported that Mohawk Industries' CEO Jeffrey S. Lorberbaum’s compensation grew 46.1% in 2010 to $2.19 million, according to the company’s proxy.
WONZ Unveils App
Marietta, GA, May 16, 2011--Wools of New Zealand is offering a free application (app) for the iPad and iPhone that details the benefits of wool.
Oil Prices Drop
Washington, DC, May 16, 2011--Last week, the trading price for a barrel of oil dropped from $114 at the start of the week to $97 on Friday.
Pfleiderer, Creditors Sign Restructuring Contracts
Neumarkt, Germany, May 13, 2011 -- Pfleiderer AG said it has agreed with its creditors on the financial details of the company's restructuring and has signed the relevant contracts.
Consumer Sentiment Rises in May
Ann Arbor, MI, May 13, 2011 -- The University of Michigan-Thomson Reuters preliminary consumer sentiment index rose to 72.4 from a reading of 69.8 in April.