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.
Tempe, AZ, August 1--Economic activity in the manufacturing sector grew in July for the 26th consecutive month, while the overall economy grew for the 45th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On
Washington, DC, August 1--The U.S. House of Representatives on July 27 passed the Small Business Health Fairness Act (H.R. 525), a bill that permits the formation of association health plans (AHPs).
Minneapolis, MN, August 1, 2005—-Maintenance products company Tennant today reported net earnings of $6.7 million, or $0.74 per diluted share, on net sales of $137.1 million for its second quarter ended June 30, 2005.
Paris, France, August 1--LBO France, a Paris-based private equity firm, agreed to buy French tile-maker Groupe Terreal for about 860 million euros ($1 billion), adding to investments that include building materials supplier Materis.
Wellington, New Zealand, August 1--The reputation of the Feltex board led by chairman Tim Saunders is not improving with age. This week, the beleaguered carpet manufacturer revised its June-year earnings for the third time in four months.
Washington, DC, August 1--Spending fell 0.3% in June to an annual rate of $1.1 trillion, according to the Commerce Department.
Washington, DC, August 1--Senate Majority Leader Bill Frist said on Friday he intends to get legislation creating a $140 billion asbestos victims' compensation fund approved by the chamber this autumn.
Dalton, GA, July 29–-Jeff Nelson of the Chicago design firm Techno Limited will undoubtedly enjoy the trip for two to the resort hotel and spa Fairmont Scottsdale Princess in Scottsdale, AZ, won at Patcraft Commercial Carpet’s booth during NeoCon 2005.
Chattanooga, TN, July 29—-Trucking company U.S. Xpress Enterprises in the second quarter reported net income of $1.9 million, or $0.12 per diluted share, before a one-time pre-tax charge of $2.8 million related to the sale and exit of its airport-to-airpo
Victoria, Australia, July 29--Carpet-maker Godfrey Hirst, which took a 5.8 per cent stake in Feltex last month and requested merger talks, says such talks are yet to get off the ground.