Traditional Indian Shawl Weavers Turning to Carpet
Nagaland, India, March 4, 2008-- Naga women are traditional shawl-makers but now their skills are being into the carpet industry, where demand is heavy.
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.
Ecore Has New LEED Guidelines Brochure
Lancaster, PA, March 4, 2008--Ecore International has a new guide that explains how its QT floor products can contribute to obtaining Leadership in Energy and Environmental Design (LEED) credits.
Sponsors Lined Up for Annual Coverings Show
Alexandria, VA, March 4, 2008--Coverings 2008 will be held April 29-May 2 at Orlando’s Orange County Convention Center.
Stock Price, Market Condition, Halt Armstrong Plan
Lancaster, PA, March 3, 2008--Armstrong World Industries Inc. has quit shopping the company because the company's stock is undervalued and the housing and credit market conditions aren't conducive to a favorable deal.
Manufacturing Indices Plunge in February
Washington, DC, March 3, 2008—Two manufacturing indices showed significant February declines.
Oriental Weavers Plans New Industrial Complex
Cairo, Egypt, March 3, 2008--Oriental Weavers said it would build an industrial complex for more than $237 million to meet rising demand.
Solutia Credit Rating Gets Big Improvement
New York, NY, March 3, 2008--Solutia Inc., which emerged from bankruptcy Friday, got more good news from Standard & Poor's Ratings Services, which raised its corporate credit rating on the company to 'B+' from 'D'.
Buffet Says U.S. Economy Already in Recession
New York, NY, March 3, 2008--Investor Warren Buffett said that by all practical measures the U.S. economy is already in a recession.
Kingspan Income Rises 24%, But Lowers Expectations
Dublin, Ireland, March 3, 2008—Access flooring maker Kingspan Group Plc, said annual profit rose 24 percent due to demand in the U.K. and Europe.
Ratings Agency Upgrades Armstrong Outlook
New York, NY, March 3, 2008-- Standard & Poor's Ratings Service upgraded its outlook on Armstrong World Industries Inc. to stable from developing.