Home Builders Grow More Pessimistic
Washington, DC, Oct. 20, 2009--Faced with the imminent expiration of a government subsidy for new buyers, U.S. home builders grew more pessimistic again in October.
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.
Regupol's New Pennsylvania Facility Up and Running
Lebanon, PA –Regupol America has begun using new rubber processing equipment in its new Lebanon, Pa.-based facility.
Private Equity Firm Buys European Parquet Maker
Zurich, Switzerland, Oct. 20, 2009--Zurmont Madison Management has acquired Bauwerk Parkett, a double-layer parquet flooring company serving the German-speaking European market, for an undisclosed sum.
Wholesale Prices Fall in September
Washington, DC, Oct. 20, 2009--Wholesale prices dropped unexpectedly in September due to lower energy costs, as inflation remains in check amid signs of a broad economic recovery.
DuPont Reports Higher Earnings on Lower Sales
Wilmington, DE, Oct. 20, 2009--DuPont on Tuesday reported net income of $409 million, or $0.45 per share, up from $367 million, or $0.40 per share, in the year-ago quarter.
GE Money, Lumber Liquidators, Sign Agreement
Toano, VA, Oct. 20, 2009--GE Money and Lumber Liquidators have a multi-year agreement to offer consumer financing featuring a Lumber Liquidators credit card.
Ecore Products Get FloorScore Renewal
Lancaster, PA, Oct. 19, 2009--Ecore International said its recycled rubber products have received FloorScore certification for a second consecutive year.
Berry, Alloc To Move to New Holding Company
Racine, WI, Oct. 19, 2009--Beaulieu International Group is set to move the laminate flooring and parquet operations pooled in its wood division to a new holding firm.
Oil Hits 2009 High Before Falling Back
New York, NY, Oct. 19, 2009--Oil prices jumped above $79 a barrel to a 2009 high Monday before falling back.
Construction Forecast To Rebound Next Year
Washington, DC, Oct. 16, 2009 -- Construction should see a modest rebound next year, according to the latest forecast by McGraw-Hill Construction.