Personal Consumption Up 0.8% in July
Washington, August 30--After putting their credit cards on ice in June, U.S. consumers set cash registers ringing again in July even as personal incomes grew at their slowest rate in nearly two years.
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.
Owens Flooring Expansion Loan Application Approved
Shawano, WI, August 26 -- The construction of a proposed new 125,000 square foot manufacturing facility by Owens Flooring Company in the city of Shawano got a boost this week.
Williams-Sonoma 2Q Earnings Up 55%
San Francisco, August 26--Williams-Sonoma Inc. Wednesday said profit for its latest quarter jumped 55 percent as sales surged at its Pottery Barn and outlet stores.
Tennant Launches ReadySpace Carpet Care Technology
Minneapolis, MN, August 25--Tennant Company today introduced a new commercial carpet care technology called ReadySpace.
Delta Systems Buys Building Technology Alliance
Charlotte, NC, August 24--Delta Systems Inc. has acquired Building Technology Alliance from its parent company, Acoustics Inc., according to the Charlotte Business Journal.
Target Commercial Acquires Re:Source Minnesota
Minneapolis, MN, August 23-- Target Commercial Interiors, Inc. has acquired substantially all of the assets of Re:Source Minnesota, Inc. relating to Re:Source Minnesota’s carpet and floor covering business, a wholly owned indirect subsidiary of Interface,
BASF Raises Latex Prices for Carpet
Charlotte, NC, August 20 - Effective September 13, 2004, BASF will raise prices in North America on all styrene-butadlene polymers supplied to the carpet industry and high solids butadlene polymers supplied to the carpet and construction industries by $0.
Freudenberg Nonwovens to Raise Spunbond Polyester
Durham, NC, August 19-- Freudenberg Nonwovens Tuft Division, in North America, is going to increase its spunbond polyester prices, citing rising raw material costs for the increase, according to Fibre2Fashion.
Janelle Lampp Launches JanelleStyle
Smyrna, GA, August 18--6, 2004—Janelle Lampp, acclaimed for her design and color expertise as a consultant to the rug and home textile industries for 18 years has her own brand, JanelleStyle.
Berkshire Buys 8M Pier 1 Shares
Omaha, NE, August 17-- Berkshire Hathaway is expanding its home furnishing interests. In its quarterly holdings report for the period ending July 30, Berkshire reported buying 8 million shares of home furnishings retailer Pier 1 Imports.