Surfaces Exhibit Space Close To Sold Out
Dallas, TX, Nov. 19--With about two months left until the show, Surfaces--the floor covering industry’s main event--is over 90% sold out.
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.
G-P Director Dies While On Trip To Argentina
Atlanta, GA, Nov. 19--Georgia-Pacific director Jane Evans died suddenly while on a trip to Buenos Aires, Argentina, the company said, according to the Atlanta Journal-Constitution.
Boston Group Buying Simmons
Atlanta, GA, Nov. 17--Boston-based private equity firm Thomas H. Lee Partners is acquiring control of bedding manufacturer Simmons Co., maker of the Beautyrest mattress, for $1.1 billion.
Consumer Prices Hold Steady
Washington, DC, Nov. 18--Consumer prices were steady in October, indicating that the recent surge in economic growth isn't fanning inflation.
About Koch
Wichita, KS, Nov. 18--Koch Industries completed a $4.4 billion acquisition Monday with an agreement to acquire Invista, formerly DuPont Textiles and Interiors, according to the Wichita Eagle.
Global Deal For New Wool Firm
Auckland, NZ, Nov. 18--A new wool company owned by New Zealand's sheep farmers has roared into life with a multimillion-dollar deal to deliver a wonder wool protein to the world's cosmetic buyers.
NFSI Releases Floor Cleaner Safety Study
Southlake, TX, Nov. 18--Many household cleaning products leave floors more slippery than they were before cleaning, the National Floor Safety Institute (NFSI) reported this week.
Florida Tile To Close Lakeland, FL Plant
Lakeland, FL, Nov. 18--Florida Tile Industries Inc. announced Monday it will close its Lakeland manufacturing plant.
Business Inventories Rise Unexpectedly
Washington, DC, Nov. 17--U.S. business inventories unexpectedly rose 0.3 percent in September as unsold stocks of autos accumulated at the fastest clip since February, a government report showed on Monday.
Lowe's Posts Earnings Increase
Mooresville, NC, Nov. 17--Lowe's Companies, Inc. today reported net earnings of $452 million for the quarter ended October 31, a 33.3 percent increase over the same period a year ago.