DuPont 2Q Earnings Off on Restructuring Charges
Wilmington, DL, July 27--DuPont Co. said its quarterly profit fell after taking charges for jobs cuts and the sale of its carpet and textiles business.
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.
Congoleum’s Request for New Hearing Date Approved
Mercerville, NJ, July 26--Congoleum Corp. announced that the bankruptcy court approved Congoleum's request to reschedule its confirmation hearing from Sept. 9, 2004 to Oct. 5, 2004.
Pulte 2Q Earnings Up 54%
Bloomfield Hills, MI, July 27--Pulte Homes Inc., the No. 2 U.S. home builder said its quarterly earnings rose 54 percent, as higher home prices helped offset increased raw material costs.
Study Finds Asbestos-Related Deaths Rising
Atlanta, GA, July 27--Asbestos deaths have increased 400%, while deaths related to silicosis have dropped 70%, according to a report by the Centers for Disease Control.
Armstrong Vinyl Brick Wins MVP Award
Lancaster, PA, July 27—Armstrong’s new Mesita brick design from the company’s Destinations vinyl collection received a prestigious Most Valuable Product (MVP) Award from Building Products magazine.
Summitville Tile Prepares for Comeback
Summitville, OH, July 27-- Summitville Tiles is prepared to leave bankruptcy court protection with orders from some big-name customers, according to the Vindicator.
Consumer Confidence Up Again in July
New York, July 27--The Conference Board’s Consumer Confidence Index, which increased sharply in June, posted further gains in July.
June New Home Sales Off 0.8%
Washington, DC, July 27--Sales of new homes fell only slightly in June from the record sales pace set last month, the Commerce Department estimated Tuesday.
Existing-Homes Sales Up 2.1% in June
Washington, July 26--Sales of existing single-family homes set another record in June, with an improving economy and favorable affordability conditions helping to satisfy a strong market demand.
StarNet Sponsors IIDA Reception
Ridgefield, CT, July 26--StarNet Commercial Flooring Cooperative sponsored the International Interior Design Association’s (IIDA) Chapter Leadership Council (CLC) summer networking reception, held in June 2004, for the fourth consecutive year.