Solutia Adjusts Compensation for Executives
St. Louis, MO, March 17, 2008--Solutia Inc. has adjusted salaries for its top executives retroactive to Jan. 1, according to a filing with the Securities and Exchange Commission.
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.
Clear Lake Living Names Territory Managers
Spartansburg, PA, March 17, 2008 – Clear Lake Living has hired 11 national territory managers to its new Flooring Division.
Consumer Prices Flat in February After Increases
Washington, DC, March 14, 2008—Consumer prices stabilized in February after a few months of increases, according to the Labor Department.
NWFA Completes Life Cycle Assessment
St. Louis, MO, March 14, 2008 -- The National Wood Flooring Association recently conducted a Life Cycle Analysis of solid wood flooring in conjunction with the University of Wisconsin. An analysis of engineered wood flooring is underway.
Consumer Sentiment Lowest in 16 Years
Ann Arbor, MI, March 14, 2008—Consumer sentiment fell in March, but not as much as expected.
ArborCraft Gets $9 Million Line of Credit
Johnson City, TN, March 13, 2008--ArborCraft LLC has obtained a $9.0 million revolving line of credit from Bridge Finance Group.
Armstrong, Valinge Agree on Combined Technology
Lancaster, PA and Viken, Sweden, March 13, 2008--Armstrong World Industries Inc. and Välinge Innovation AB have have signed a licensing agreement so that Välinge can use Armstrong’s NextGen locking engineered wood technology.
Survey Shows Carpet Gets Bum Rap on Allergies
Vancouver, WA, March 13, 2008 -- Institute of Inspection, Cleaning and Restoration Certification recently surveyed 1,155 U.S. homeowners and found that 75 percent believed carpet to be the least effective floor covering for allergies.
Option Prices Lowered for Armstrong Executives
Lancaster, PA, March 14, 2008--Armstrong World Industries has reduced the exercise prices on the executive stock options by as much as $12.50, Armstrong said.
AIA Names Housing Award Recipients
Washington, D.C., March 13, 2008 — The American Institute of Architects has announced the 19 recipients of the 2008 Housing Awards.