Canada Building Permits Drop
Ottawa, Ontario, June 6, 2006--The value of Canadian building permits plunged 10.6 percent in April, far more than expected.
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.
Solutia Raises Price for Nylon Carpet Fibers
St. Louis, MO, June 6, 2006--Solutia Inc., announced today that it will increase the price on all nylon carpet fiber products by 5 to 7 percent for all shipments on or after July 5, 2006.
Service Sector Growth Eases
The Institute for Supply Management's services index eased to 60.1 in May, in line with forecasts and down from 63.0 in April.
Haverty Furniture Sales Up in May
Atlanta, GA, June 5, 2006--Haverty Furniture reported sales for the month of May that increased 20.8% to $74.6 million, compared with $61.7 million in May 2005.
Carmel Carpets buys Turkey’s Atlas Carpets
Jerusalem, Israel, June 5, 2006--Carmel Holdings, the owner of carpet manufacturing company Carmel Carpets, has acquired 50.1% of Turkish carpet manufacturer Atlas Carpets Weaving Ind.
British Wool Prices Off 10%, Still Highest in Euro
Bradford, England, June 5, 2006--The benefits of wool as a natural, hard-wearing sustainable product could reverse a downward trend that is expected to cut prices for sheep farmers by 10% this year.
Kronospan Gets $123M Slovakian Incentives
Bratislava, Slovakia, June 5, 2006--The Slovakian government has approved an investment package worth Sk3.6bn ($123m) to support the investment plans of leading wood-panel producer Kronospan (Austria).
Asbestos Bill To Include 9/11, Storm Claims
Washington, DC, June 5, 2006--Until now it has been the elephant in the room during Senate debates about asbestos poisoning: What about the vast cloud of dust that blanketed New York City when the World Trade Center collapsed?
Supreme Court Dismisses Mohawk Case
Washington, DC, June 5, 2006--The Supreme Court dismissed a case on whether carpet and floor-covering maker Mohawk Industries Inc. can be sued under the federal anti-racketeering law for allegedly using outside recruiters to hire illegal workers.
Nafco by Tarkett Launches Six Luxury Vinyl Designs
Florence, AL, June 5, 2006--Nafco by Tarkett announced the introduction of six new designs, including marble, slate and wood visuals. Nafco's new products are now available to the consumer.