Omnova Solutions Net Income Falls, Sales Rise
Fairlawn, OH, Sept. 30, 2010--Omnova Solutions reported third quarter net income was $3.5 million, or $0.08 per share, down $6.6 million compared to last year.
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.
Initial Jobless Claims Fall More Than Expected
Washington, DC, Sept. 30, 2010--Initial jobless claims fell 16,000 to 453,000 in the latest week, putting new claims back to where they were at the start of 2010.
Second Quarter GDP Revised Higher
Washington, DC, Sept. 30, 2010--Gross Domestic Product grew at an annual rate of 1.7% in the second quarter, the government said on Thursday.
Iranian Carpet Import Ban Begins
Tehran, Iran, Sept. 30, 2010--The price of Persian carpets outside the U.S. is expected to fall as a result of oversupply following a U.S. ban on their importation.
Chicago Area Manufacturing Expanding
Chicago, IL, Sept. 30, 2010--The Chicago PMI, a regional measure of manufacturing activity, showed a reading of 60.4 for September, much higher than the 55.5 analysts had been expecting.
More CEOs Plan Increased Capital Spending
Washington, DC, Sept. 30, 2010--CEOs plan to increase capital spending, but have lowered their expectations on employment and sales for the short-term, according to a Business Roundtable survey.
Flooring and Protective Coatings Wins Awards
Norfolk, VA, Sept. 30, 2010--International Flooring and Protective Coatings said it received two awards for workplace safety last year from the Association of Builders and Contractors.
Surfaces/StonExpo Offers Free Ed. Programs
Dallas, TX, Sept. 29, 2010--For the first time in the history of the shows, Surfaces and StonExpo/Marmomacc Americas will offer their education programs free of charge.
Rebates a Highlight in Mohawk Anniversary Sale
Dalton, GA, Sept. 29, 2010--Mohawk tapped into consumer research that investigated what appeals to consumers in an ultra-competitive marketplace in developing its biggest national sale of the year.
Gerflor Names Chmura U.S. Sports, Commercial GM
Chicago, IL, Sept. 29, 2010--Resilient flooring firm Gerflor has named Ken Chmura as its new U.S. general manager in charge of sales, marketing and operations for the USA sports and commercial divisions.