Durable Goods Orders Jump 5.5%
Washington, DC, June 24—-Orders for durable goods in May increased 5.5%, according to the Commerce Department. It was the biggest increase since March 2004.
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.
New Home Sales Up 2.1% in May
Washington, DC, June 24--New home sales rose 2.1% in May to a 1.298 million seasonally adjusted annual rate, according to the Commerce Department.
Identity Theft and Security Worries Driving Change
New York, NY, June 23--Online consumers are expressing growing worries about identity theft, The Conference Board reports today.
Sauereisen Intros Mortar for Corrosive Environment
Pittsburgh, PA, June 24--Sauereisen has introduced a new, improved Furan Mortar No. 21C for corrosive environments.
Goodfellow Mulling Conversion to Income Trust, Tra
Desson, Quebec, June 24--Hardwood flooring company Goodfellow Inc. will study whether to convert itself into an income trust, the company said Thursday.
Ekowood to Open Office in West Asia
Persekutuan, Malaysia, June 24—-Hardwood flooring manufacturer Ekowood International Bhd aims to capture West Asia’s robust development activities by opening a showroom-cum-regional office there in the last quarter of this year, according to New Straits T
Invista Studying China's Chemical Fiber Market
Beijing, China, June 24--Invista, the world's largest integrated fiber, resin and intermediates company, now is seeking to escalate its partnership with Chinese companies to promote business, according SinoCast.
NeoCon 2005 Names Winners in Floorcovering
Chicago, IL, June 23--The Best of NeoCon winners in the floorcovering categories were announced at the show last week.
Armstrong Names Beth A. Riley Director of Investor
Lancaster, PA, June 23--Armstrong Holdings, Inc. appointed Beth A. Riley as director of Investor Relations. Riley will serve as the primary contact between Armstrong and the investment community.
Merchants Sue Banks for Alleged Price-Fixing
Minneapolis, MN. June 23--A law firm representing a group of small businesses around the country on Thursday said it has filed a lawsuit against the nation's biggest banks charging them with illegally fixing prices of credit card transaction fees.