Foamex Q1 Loss Nearly Double Last Year
Linwood, PA, May 9, 2008--Foamex International Inc. said it lost $48.6 million, or $2.05 per diluted share, compared to a net loss of $17.6 million, or $1.04 per diluted share, in the first quarter of 2007.
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.
Wear-Dated Introduces New Display
Kennesaw, GA, May 12, 2008—Wear-Dated is introducing to Abbey Carpet & Floor, Floors To Go and The Floor Club a new carpet display featuring Royalty Carpet Mill products.
Maple Growers Challenge Bamboo Green Claims
Deerfield, IL, May 12, 2008--The Maple Flooring Manufacturers Association is urging the bamboo industry to back up its “green” claims regarding bamboo resource management and manufacturing practices.
Million Dollar Japanese Silk Carpet on Display
Dubai, United Arab Emirates, May 12, 2008--A rare carpet hand-woven from pure silk will be showcased at the Dubai International Convention and Exhibition Centre from May 25 to 27.
Many Oil Executives Expect Price To Fall This Year
Houston, TX, May 9, 2008--Even as oil prices near $125 a barrel, many oil and gas industry executives expect the price to fall substantially by the end of the year.
Faus Adds Mid-Atlantic Distributor
Calhoun, GA, May 9, 2008--Faus Group Inc. has signed a distribution agreement with Allied Products Inc.of Baltimore.
Bill Would Help States Fix Up Foreclosed Homes
Washington, DC, May 9, 2008--The House has approved sending states $15 billion to buy and fix up foreclosed properties despite a veto threat from President Bush.
Tandus Promotes Grogan to Chief Operating Officer
Dalton, GA, May 9, 2008--Tandus senior vice president Ralph Grogan has been named chief operating officer.
Armstrong Making Changes in Europe
Lancaster, PA, May 9. 2008--Armstrong World Industries intends to make sweeping changes to its underachieving European resilient flooring business, according to a story at Lancaster Online.
AIA Looks at Three Green Building Systems
Washington, DC, May 9, 2008--The American Institute of Architects (AIA) has released a study of three green building rating systems that assesses how well they support the goals of the AIA sustainability position statement.