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.
Beijing, China, Oct. 20, 2009--The Chinese Ministry of Commerce issued a preliminary ruling Monday that imposed a 36 percent tariff on American-made Nylon 6, a synthetic filament that ends up in a wide array of products, including carpet.
Washington, DC, Oct. 20, 2009--Faced with the imminent expiration of a government subsidy for new buyers, U.S. home builders grew more pessimistic again in October.
Lebanon, PA –Regupol America has begun using new rubber processing equipment in its new Lebanon, Pa.-based facility.
Zurich, Switzerland, Oct. 20, 2009--Zurmont Madison Management has acquired Bauwerk Parkett, a double-layer parquet flooring company serving the German-speaking European market, for an undisclosed sum.
Washington, DC, Oct. 20, 2009--Wholesale prices dropped unexpectedly in September due to lower energy costs, as inflation remains in check amid signs of a broad economic recovery.
Wilmington, DE, Oct. 20, 2009--DuPont on Tuesday reported net income of $409 million, or $0.45 per share, up from $367 million, or $0.40 per share, in the year-ago quarter.
Toano, VA, Oct. 20, 2009--GE Money and Lumber Liquidators have a multi-year agreement to offer consumer financing featuring a Lumber Liquidators credit card.
Lancaster, PA, Oct. 19, 2009--Ecore International said its recycled rubber products have received FloorScore certification for a second consecutive year.
Racine, WI, Oct. 19, 2009--Beaulieu International Group is set to move the laminate flooring and parquet operations pooled in its wood division to a new holding firm.
New York, NY, Oct. 19, 2009--Oil prices jumped above $79 a barrel to a 2009 high Monday before falling back.