FiberFloor a Success for Tarkett Residential
Whitehall PA, July 14--Since its debut in January 2004 at Surfaces, FiberFloor from Tarkett Residential has given consumers new reason to consider sheet flooring for their homes.
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 Explores Sale of Pharmaceutical Business
St. Louis, July 14--The European subsidiary of bankrupt chemicals concern Solutia Inc. has tapped an investment banking firm to help explore the possible sale of its pharmaceutical services business.
Sears Establishes New Executive Retail Position
Hoffman Estates, IL, July 13—Sears has established a new, expanded leadership position of President of Sears Retail.
Moody's Cuts May Department Stores' Rating
New York, NY, July 13--Moody's Investors Service cut its long-term ratings on May Department Stores Co.'s debt, citing the company's higher borrowings after buying 71 department stores for $3.2 billion.
CFI 11th Convention in Chattanooga This Month
Kansas City, MO, July 13--The CFI 11th Convention is scheduled for July 28-31, 2004 at the Chattanoogan Hotel in Chattanooga, Tennessee.
Frist May Offer Asbestos Counter-Proposal in Senat
Washington, DC, July 13--A Republican counter-proposal on the size of a multibillion-dollar fund for asbestos victims could come within days, the U.S. Senate majority leader said on Monday.
Universal Forest’s 2nd Quarter Earnings Up 15%
Grand Rapids, MI, July 13--Universal Forest Products Inc.'s second-quarter profit rose 15% on revenue growth of 34%.
Trade Gap Falls
Washington, DC, July 13--The trade deficit narrowed unexpectedly in May as stronger growth overseas and the weak U.S. dollar helped propel exports to record levels, government data released on Tuesday showed.
Interface’s Anderson Plays the Good Guy
Atlanta, GA, July 13— The Atlanta Journal-Constitution’s recent headline says "Interface CEO Plays Good Guy in Finance Flick." It goes on to say that the latest movie that bashes big, bad business is a Canadian documentary, "The Corporation."
Setra Group Wins 3-Year Contract from Kahr
Stockholm, Sweden, July 13--The Swedish wood industry company Setra Group AB has secured a three-year contract for pine wood from the flooring maker AB Gustaf Kahr.