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.
Nashville, TN, February 8--Louisiana-Pacific reported fourth-quarter net earnings that dropped 92 percent due to higher raw material costs, planned and unplanned downtime, movement of the Canadian dollar and a higher-than-expected effective tax rate.
Toronto, ON, February 8--Canadian housing starts fell a surprising 13.8 percent in January, but should rebound later in the year as low interest rates and tight labor markets keep some life in Canada's housing boom, Canada Mortgage and Housing Corp. s
Atlanta, GA, February 8--Beazer Homes USA Inc. said its stockholders and the board approved a previously announced three-for-one stock split and raised the dividend, which effectively triples the prior payout.
Atlanta, GA, February 8--Retailers visiting the Wools of New Zealand’s booth at Surfaces 2005 were invited to participate in the company's annual Fashion Dynamics competition.
Karachi, Pakistan, February 7--The Expo Pakistan did not come up to the expectations of the exporters of carpets, pharmaceuticals and surgical instruments.
San Jose, CA, February 7--Porcelanosa San Francisco Inc., said that retail prices on ceramic, porcelain and stone tile products have recently been reduced an average of 25%.
Morris Township, NJ, February 7--Honeywell recently received the Landfill Methane Outreach Program Project of the Year award for 2004 from the U.S. Environmental Protection Agency for an innovative landfill gas recovery initiative.
New York, NY, February 7--Home builders have been among the best performing stocks over the last several years as consumers took advantage of historically low mortgage rates.
Thomasville, NC, February 7--Unilin Flooring, which makes Quick-Step laminate floors, said it is making progress in construction of its new facility near Interstate 85 in Thomasville.
Birmingham, England, February 7--Nick Hood is a man that has brought European rivals to their knees. The 30-year-old Birmingham fitter's skills had already made him Britain's carpet laying champion.