Survey: Homebuyers Spend $3,100 in First Year on I
Las Vegas, NV, May 12--On average, homebuyers spend $3,100 to improve a property within a year of moving into it, according to a study conducted by the nonprofit Home Improvement Research Institute.
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.
Shaw Adds New Merchandising Specialists
Dalton, GA, May 12--Shaw Industries has created positions for six merchandising specialists to help retailers take advantage of the competitive benefits of promoting the Shaw brand.
Federated Profit Jumps
Cincinnati, OH, May 12--Federated Department Stores reported better-than-expected quarterly earnings as it sold more full-priced spring clothing and kept costs in check, and raised its forecasts for the rest of the year.
May Department Stores' Earnings Up Slightly
St. Louis, MO, May 11--May Department Stores Co. said its first-quarter net income rose 5.6%, helped by brisk sales of women's accessories, footwear and apparel.
Brintons USA to Close Mississippi Plant
Greenville, MS, May 12--British manufacturer Brintons US Axminster will close its Mississippi plant at the end of the year according to the Sun Herald.
Millstone Buys Former Ponderosa Mouldings Plant
Bend, OR, May 11--Millstone Industries, manufacturer of nationally distributed niche wood products, announced Monday that it has entered into an agreement to purchase the former Ponderosa Mouldings building in Redmond from Jeld-Wen.
Tennant Introduces New Line of Commercial Vacuums
Minneapolis, MN, May 11--Tennant Company announced the expansion of its carpet care product line with the introduction of a new integrated suite of quality commercial upright vacuums.
Congoleum First Quarter Losses Down
Mercerville, NJ, May 10--Congoleum Corp. reported today its financial results for the first quarter ended March 31, 2004.
Asbestos Negotiations With Retired Judge Unsuccess
Washington, DC, May 11--Progress was made during months of talks to achieve an asbestos-lawsuit reform bill that would establish a trust fund to handle all claims, but the head of the American Insurance Association said it has reached the point of being "
Invista to Increase Nylon Yarn Prices
Geneva, Switzerland, May 11--Fiber maker Invista has announced an across-the-board price increase for its nylon yarn products in the United States and Canada, according to a report from just-style.com.