BASF Increasing Prices for Polystyrene
Florham Park, NJ, May 4, 2010--BASF said it is increasing prices for all grades of Styropor and Neopor expandable polystyrene in North America by $0.05 per pound effective May 15.
Today's Flooring News
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New Factory Orders Rise Unexpectedly in March
Washington, DC, May 4, 2010--New factory orders jumped unexpectedly in March, according to the Commerce Department.
Beazer Homes Swings To Profit on Higher Sales
Atlanta, GA, May 4, 2010--Beazer Homes reported net income from continuing operations of $6.2 million, or $0.10 per share, compared with a loss from continuing operations of $108.7 million, or $2.81 per share, a year earlier.
Omnova Raising Prices Again
Fairlawn, OH, May 4, 2010--Omnova Solutions’ Specialty Chemicals business said it will increase prices $0.03 per dry pound for all GenFlo, GenCeal, Omnabond, GenCryl and GenCal styrene butadiene polymers.
Armstrong Sees Higher Operating Income
Lancaster, PA, May 3, 2010--Armstrong World Industries reported a first quarter 2010 net loss of $19.4 million, or $0.34 per share, compared to a net loss of $11.2 million, or $0.20 per share, in the first quarter of 2009.
Buffett Says American Business Improving
Omaha, NE, May 3, 2010--Berkshire-Hathaway CEO Warren Buffett said Sunday that he's seeing more manufacturing activity, but no big pick-up in the U.S. housing market yet.
Conditions for Manufacturers Best Since 2004
Washington, DC, May 3, 2010--Conditions for the nation's manufacturers improved again in April to the highest level since June 2004, the Institute for Supply Management reported Monday.
Consumer Spending Increase at 5-Month High
Washington, DC, May 3, 2010--Real U.S. consumer spending increased 0.5%, the largest amount in five months, the Commerce Department estimated Monday.
Construction Spending Rises in Public Sector
Washington, DC, May 3, 2010--U.S. construction spending rose unexpectedly in March and was the first advance since October, thanks to increased public construction.
Carpetright CEO Says 'Double Dip' Likely
London, England, May 3, 2010--Carpetright Chief Executive Philip Harris said a "double dip" in the UK economy was likely as his firm reported its second downbeat trading update in five weeks.