U.S. Wholesalers See Significant Sales Increase
Washington, DC, March 10, 2008--Sales at wholesalers in January rose at the fastest pace in nearly four years.
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.
Talk of Large Interest Rate Cut Sends Dollar Lower
New York, NY, March 10, 2008--The dollar continues to fall against the euro and neared an eight-year low versus the yen as currency traders bet the Federal Reserve will lower interest rates by at least 75 basis points to avert a recession.
Confidence in Economy Falls Sharply in Early March
Washington, DC, March 7, 2008-- Confidence in the economy dropped to a new low, according to the RBC Cash Index.
Formica Flooring Adds Denver Distributor
Barnwell, SC, March 10, 2008 – Formica Flooring has added Denver-based Denver Hardwood to its distribution network.
Tarkett Commercial Signs New Distributor
Houston, TX, March 10, 2008 – Tarkett Commercial said that Gilford Flooring Inc. is a new distributor
Universal Fibers Launches Environmental Initiative
Bristol, VA., March 10, 2008--Universal Fibers has launched EarthSmart Technology.
Alliance Flooring Convention Focuses on 'Green'
Chattanooga, TN, March 10, 2008--Alliance Flooring Inc. recently held its 2008 Convention in Atlanta, Feb. 23-26.
ServiceMaster Expands in India
New Delhi, India, March 10, 2008--ServiceMaster Clean has signed a master license agreement with Security and Intelligence Systems Group, a leader in the Indian private security industry.
CCA Global, RFMS Team on Software Project
Manchester, NH, March 6, 2008—CCA Global Partners and flooring software firm Resource and Financial Management Systems Inc.. (RFMS) have formed a joint venture to create the next generation of software to manage flooring.
BASF Raising Prices as of March 14
Florham Park, NJ, March 7, 2008 -- BASF will increase prices for Polyamide 6 polymer by $0.10 per pound.