Tennant Cuts Jobs, Takes Charge
Minneapolis, MN, October 8--Tennant Company said it is taking actions to permanently reduce costs as part of a continuing effort to improve profitability.
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.
BASF to Increase Latex Prices
Charlotte, NC, October 6 -- Effective November 1, 2004, or as contracts allow, BASF will raise prices in the United States and Canada by $0.05 per dry pound on all Butonal high-solids styrene butadlene latex products supplied to the carpet, construction,
Azrock by Tarkett Receives Gold ADEX Award
Houston, TX October 6, 2004 – Design Journal magazine recently awarded Azrock by Tarkett’s StoneGlow flooring the 2003 Gold ADEX Award in the flooring category.
Producer Prices Up 1.7%
Washington, DC, November 16--The producer price index for finished goods rose 1.7% in October, which the biggest increase since January 1990, according to a Labor Department report.
Stophel Named Legal Counsel at Mullican
Johnson City, TN, November 15--Ginna Stophel has been hired as legal counsel/warranty manager at Mullican Flooring’s headquarters in Johnson City, Tenn.
Foamex Names New Board Member
Linwood, PA, November 12--Foamex said it has named Thomas M. Hudgins to the company's board of directors, effective immediately. Hudgins will also serve on the board's audit committee.
Green Campaigners in Scotland Win Hardwood Floorin
Glasgow, Scotland, November 11--Council chiefs confirmed yesterday that a "sustainable" wood supply had been chosen for a multi-million-pound refurbishment project following protests from environmental campaigners.
JCPenney.com Marks 10th Year of Online Retailing
Plano, TX, November 10--JCPenney kicks off the holiday shopping season by celebrating 10 years of online retailing -- a decade in which it has blazed a trail for department stores on the Internet.
Solutia’s Sales Up 14% in 3Q
St. Louis, Mo, November 9--Bankrupt chemical maker Solutia Inc. said in a regulatory filing Friday that price increases, higher sales volumes and favorable currency-exchange rates drove up third-quarter net sales by 14 percent.
Foamex Reports 3Q Loss
Linwood, PA, November 5--Foamex in the third quarter reported a net loss of $114.5 million, or $4.68 per diluted share, compared with a net loss of $11.0 million, or $0.45 per diluted share, in the third quarter of 2003.