Plastex Matting Acquires Entryway Distributor
Fort Payne, AL, Nov. 16, 2009--Plastex Matting Inc. has purchased the operating business and assets of Ovalstrapping Inc.'s GO Resilient U.S. business.
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.
Economists See Rate Hike Next September
New York, NY, Nov. 13, 2009--The Wall Street Journal said that economists in its recent economic forecast expect the Federal Reserve to begin raising interest rates next September.
NWFA Forms FSC Procurement Group
St. Louis, MO, Nov. 13, 2009--The National Wood Flooring Association has announced that it has formed the Forest Stewardship Council Procurement Group.
Lowe's Sees 30% Decline in Sales Vs. 2008
Mooresville, NC, Nov. 16, 2009--Lowe's Companies, Inc. reported net earnings of $344 million for the quarter ended Oct. 30, a 29.5 percent decline from the same period a year ago.
Smith & Fong Develops Soy Adhesive
San Francisco, CA, Nov. 13, 2009--Smith & Fong Co. said it has developed a soy-based adhesive system for its line of Plyboo bamboo plywood and flooring.
CARE Entrepreneurs Meet in Atlanta
Dalton, GA, Nov. 13, 2009 - More than 60 representatives from 47 different organizations met Oct. 28 in Atlanta for the sixth annual Entrepreneurs' Meeting of the Carpet America Recovery Effort (CARE).
Consumer Sentiment Falls Unexpectedly
Ann Arbor, MI, Nov. 13, 2009--Consumer sentiment pulled back in early November, according to the Reuters/University of Michigan index.
Asian Leaders Caution Against Stimulus Removal
Singapore, Nov. 13, 2009--Government and business leaders at the Asia-Pacific Economic Cooperation forum warned Friday against withdrawing stimulus programs too quickly.
School Project Wins Terrazzo Honor Award
Plano, TX, Nov. 12, 2009--Frisco Independent School District’s $33 million Career and Technical Education (CTE) Center has been honored with a 2009 Terrazzo Honor Award.
Congoleum Narrows Loss, Sees Slack Demand
Mercerville, NJ, Nov. 12, 2009--Congoleum Corp. reported a $1.9 million net loss in the third quarter compared to a $10.1 million loss a year ago.