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.
Beijing, China, April 27, 2006--Leading Chinese wood floorcovering provider, Power Dekor, plans to double its output of multi-layer parquet under the Swedish brand of Kahrs to 3 million square metres by the end of the year.
Atlanta, GA, April 27, 2006--Whether fueled by the proliferation of home improvement shows or the growing popularity of design and decorating magazines, American consumers have seemingly insatiable appetite for luxury upgrades in their homes.
Midland, MI, April 27, 2006--Dow Chemical Co., reported first-quarter net income fell 10% on 3% higher revenue. Net fell to $1.21 billion, or $1.24 a share, from $1.35 billion, or $1.39, in the year-earlier period.
Stockholm, Sweden, April 27, 2006--Pergo's annual general meeting resolved to adopt the Parent Company Income Statement and Balance Sheet as well as the Consolidated Income Statement and Balance Sheet.
Atlanta, GA, April 26, 2006--Interface, Inc., today announced results for the first quarter ended April 2, 2006. Sales in the 2006 first quarter rose 6.8% to $250.6 million from $234.7 million in the year ago period.
Mercerville, NJ, April 26, 2006--Congoleum Corp., said it has received a letter from the American Stock Exchange (Amex) indicating that it does not meet the minimum income and stockholders' equity requirements for continued listing on the Amex.
Brooklyn, NY, April 26, 2006--DriTac announced the addition of Easy Spread DriTac 7400 Moisture Cure Urethane Wood Flooring Adhesive to its line of professional grade wood flooring adhesives.
Washington, DC, April 26, 2006--New home sales unexpected increased by 13.8% in March to a seasonally adjusted annual rate of 1.213 million, the highest level of the year, according to a Commerce Department report.
London, England, April 26, 2006--Carpetright, the country's biggest seller of floor coverings, has become the first major retailer to call an end to the downturn in household spending.
Washington, DC, April 26, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 21.