NTCA To Hold TileLetter Awards at Coverings
Jackson, MS, April 1, 2010--The National Tile Contractors Association will present the Seventh Annual TileLetter Awards at Coverings 2010 in Orlando, Fla. on April 29.
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.
Oil Prices Back on The Rise
New York, NY, April 1, 2010--Oil futures rose Thursday above $84 a barrel, as strong manufacturing data from China and the euro zone boosted hopes of a speedy recovery in the global economy and energy demand.
ADP Employment Report Shows Surprise Job Loss
Roseland, NJ, March 31, 2010--Private sector companies in the U.S. cut 23,000 jobs in March, according to the ADP employment report released Wednesday.
Propex Gets Patent for Backing Construction
Chattanooga, TN, March 31, 2010--Propex Operating Company was recently awarded a U.S. patent for technology related to secondary carpet backing material construction.
Mortgage Application Volume Up Last Week
Washington, DC, March 31, 2010--Mortgage application volume rose last week as demand for home purchase loans reached the highest level since October, according to the Mortgage Bankers Association.
Recycled Content of Shaw's ClearTouch Verified
Dalton, GA, March 31, 2010--Shaw Floors said that the company’s ClearTouch BCF PET earned 25 percent post-consumer recycled content designation from UL Environment.
H.B. Fuller First Quarter Profit Triples
St. Paul, MN, March 31, 2010--Specialty chemical maker H.B. Fuller Co. said its first-quarter profit tripled to $19 million or $0.38 per share on higher volumes and improved margins.
Swiss Firm Sika Acquires Panbex Group
Baar, Switzerland, March 31, 2010--Sika AG said that its Czech subsidiary, Sika CZ s.r.o., has acquired the business of the Czech Panbex Group.
Välinge Powder Technology Comes in Two Levels
Viken, Sweden, March 30, 2010--Valinge has come up with two product categories for its new powder technology, which has been developed to replace solid surface paper on wood fiber floors.
February Factory Orders Higher Than Expected
Washington, DC, March 31, 2010--Orders to U.S. factories rose for a sixth straight month in February as businesses rebuilt inventories, the Commerce Department said.