Q.E.P. Posts Increase Earnings
Boca Raton, FL. May 26, 2011--Q.E.P. Co., Inc. earned $9.4 million during the fiscal year that ended February 28.
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.
Unemployment Claims Rise Slightly
Washington, DC, May 26, 2011--For the week ending May 21, seasonally adjusted initial unemployment claims was 424,000, an increase of 10,000 from the previous week's revised figure.
Sales of Foreclosure Homes Fall
Irvine, CA, May 26, 2011--U.S. homes in foreclosure sold at an average 27% less in the first quarter, according to RealtyTrac. This number reflects the price of distressed properties as compared to normal selling prices.
BASF to Open TDI Plant
Ludwigshafen, Germany, May 26, 2011--Chemical manufacturer BASF has announced that it will build the world’s largest single-train TDI (toluene diisocyanate) plant in Europe.
Pleiderer Announces Restructuring Plan
Neumarkt/Cologne, Germany, May 26, 2011--The Pfleiderer AG Business Center Western Europe (BC West) announced that it is implementing its restructuring plan and has already put significant elements of the plan into practice.
Orchid Ceramics Closing U.S. Operations
Tulsa, OK, May 25, 2011--Orchid Ceramics has announced that it will be closing its U.S. operations after nine years of business.
Orders for Durable Goods Fell in April
Washington, DC, May 25, 2011--New orders for manufactured durable goods decreased by 3.6% or $7.1 billion in April, the U.S. Census Bureau announced.
Beckwith's Sexant Wins NWFA Award
Nashville, TN, May 25, 2011--The Jamie Beckwith Collection's Sexant design won the 2011 National Wood Flooring Association Floor of the Year award, announced Beckwith Interiors.
Capobianco Resigns as FCICA Chairman
West Bloomfield, MI, May 24, 2011--Christopher Capobianco of Christopher Collaborative in Patchogue, New York will step down as chairman of The Flooring Contractor's Association (FCICA) board of directors after six years.
Robina Partners with William M. Bird & Company
Atlanta, GA, May 25, 2011--Robina Floors has announced a new distribution partnership with William M. Bird & Company.