Omnova Solutions Gets Notification from NYSE
Fairlawn, OH, Oct. 28, 2008--Omnova Solutions said that on Oct. 27 it was notified by the New York Stock Exchange that it has 18 months to achieve compliance with the NYSE's continued listing standards.
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.
Canadian Wood Floor Maker Starts Pellet Business
Middle River, Nova Scotia, Canada, Oct. 28, 2008--A Cape Breton company that makes hardwood flooring is cashing in on the increased demand for wood pellets, used for heating.
Pfleiderer Centralizing IT Activities
Stuttgart, Germany, Oct. 27, 2008--Pfleiderer AG and IBM signed a seven-year outsourcing contract.
Columbus-Based Value City Chain To Close
Columbus, Ohio, Oct. 28, 2008--Value City Department Stores, known for generations as a closeout retailer, is going out of business.
Shaw Receives Georgia Environmental Award
Dalton, GA, Oct. 27,2008--Shaw Industries has received a Corporate Environmental Award from the Georgia chapter of the Air and Waste Management Association (AWMA).
Mohawk Showroom Gets LEED Gold Status
Kennesaw, GA, Oct. 27, 2008--The Mohawk Group's Chicago showroom has achieved gold-level certification from U.S. Green Building Council's LEED program for commercial interiors.
Oil Prices Hit 17-Month Low: Off 57% Since High
Singapore, Oct. 27, 2008--Oil prices fell to 17-month lows at $63 a barrel Monday in Asia as investors weighed Friday's OPEC output cut against growing evidence of a severe global economic slowdown that would undermine crude demand.
New Home Sales Rise More Than Expected
Washington, DC, Oct. 27, 2008--New home sales homes rose in September and inventories shrank as builders slashed prices to their lowest level in four years.
CCA Global Partners Offers Bulk Buying Services
Manchester, NH, Oct. 27, 2008--CCA Global Partners has launched a company that will allow any business to take advantage of the power of buying in bulk, according to the Union Leader newspaper.
Shaw Holiday Shutdowns May Last Longer This Year
Dalton, GA, Oct. 27, 2008--Shaw Industries said its normal holiday shutdowns may be longer this year, as the continued economic slowdown cuts into demand for its flooring products, according to the Calhoun Times.