Business Inventories Up 0.5% in February
Washington, DC, April 14—Business inventories rose 0.5% in February while business sales were off 0.4%.
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.
Midwest Builders Show Most Succesful Yet
Addison, IL, April 14--The 2005 Midwest Builders Show & Conference, held at the Donald E. Stephens Convention Center in Rosemont, IL on March 16-17, 2005, is being called the most successful in the show's three year history.
Stainmaster Chooses The Richards Group as Agency o
Dallas, TX, April 13--Inivista, the parent company of the Stainmaster brand, has hired The Richards Group as agency of record.
Canadian Timber Companies Sign Environmental Agree
Vancouver, BC, April 13--Forestry firms Tembec Inc. and Domtar Inc. unveiled separate agreements with environmental groups on Tuesday, including one campaigning to curb logging in Canada's boreal forests.
Domco Releases New Consumer Catalog
Farnham, Quebec, April 13--"In touch with your lifestyle" is the theme of Domco’s 24-page catalog of felt-backed products and a six-page, fold-out brochure dedicated to Influence, the company’s glass-backed line.
Morris Joins 828 International
Greenville, SC, April 13--828 International named Tom Morris to the newly created post of Northeast Regional Manager, effective immediately.
Denise Fike Named to Carpet One Advisory Council
Yeagertown, PA, April 13--Denise Fike, co-owner of Fike Brothers Carpet One of Selinsgrove and Yeagertown, was recently appointed to the advisory council of Carpet One.
E.J. Welch Company Expands Distribution of Azrock
Houston, April 13--Tarkett Commercial announced today that the E.J. Welch Company of Earth City, MO, is now distributing Azrock by Tarkett commercial flooring in the Chicago area.
Feltex Post 3Q Loss
Auckland, New Zealand, April 13--Feltex Carpets Ltd., New Zealand's largest carpet maker, had a third-quarter loss after increased competition reduced prices, limiting its ability to pass on higher synthetic raw material costs.
FOMC Minutes Show Inflation Concerns
Washington, DC, April 13--According to minutes from the March 22 meeting of the Federal Open Market Committee released on Tuesday, policymaking members of the U.S. Federal Reserve worried inflation pressures were mounting when they last met.