Motz Group Acquisitions Expand Infill Business
Cincinnati, OH, Jan. 14, 2010--The Motz Group has acquired two companies to produce and process a new coated silica sand product for turf field infill, according to Cincinnati.com.
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.
Shaw Creates Branded Fiber 'Hierarchy' Pyramid
Dalton, GA, Jan. 14, 2010--Shaw Industries said it has created a new branded fiber “hierarchy” that structures its brands in pyramid form to demonstrate their respective benefits and warranty packages.
Initial Jobless Claims Up, Surprising Economists
Washington, DC, Jan. 14, 2010--Initial jobless claims increased last week by the largest amount in five weeks.
H.B. Fuller Earnings Results Beat Expectations
St. Paul, MN, Jan. 13, 2010--Adhesives maker H.B. Fuller Co. said fourth-quarter earnings were $24.6 million, or 50 cents per share, compared to a loss of $42.4 million, or 88 cents per share, a year earlier.
CARE Expands Membership Program
Dalton, GA, Jan. 13, 2010--The Carpet America Recovery Effort has expanded its membership program to offer carpet dealers a cost-effective opportunity to join CARE and support carpet recycling.
KB Home Swings To Fourth Quarter Profit
Los Angeles, CA, Jan. 13, 2010--KB Home said it swung to a fourth-quarter profit partly due to a tax gain.
WFCA Wins Public Relations Award
Anaheim, CA, Jan. 13, 2010--The World Floor Covering Association said it has received the Golden Thinker Award from North American Precis Syndicate, Inc.
Mortgage Applications Rise on Higher Refinancing
Washington, DC, Jan. 13, 2010--Mortgage applications rose 14.3% last week on refinancing activity as interest rates on fixed-rate mortgages fell, according to the Mortgage Bankers Association.
UK's Topps Tiles Sees Improving Sales
London, England, Jan. 12, 2010--Tile and flooring specialist Topps Tiles said said that early sales in the new year have given it confidence that the consumer is starting to spend again.
Georgia-Pacific Buying Canadian Board Plants
Atlanta, GA, Jan. 12, 2010--Georgia-Pacific is buying four compressed board factories from Canada's Grant Forest Products for $400 million, according to the Atlanta Journal-Constitution.