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.
St. Louis, MO, April 1, 2009--Solutia Inc. said it will sell its nylon business to an affiliate of SK Capital Partners II, L.P., a New York-based private equity firm that is focused on the chemical, material and health care sectors.
Tempe, AZ, April 1, 2009--The Institute for Supply Management said that its measure of the health of the manufacturing sector contracted for the 14th straight month in March, but at a slower pace than expected.
Chicago, IL, April 1, 2009--Corporate layoff announcements slowed last month compared with February, according to an unscientific monthly tally released Wednesday by outplacement firm Challenger Gray & Christmas.
Brecon, Wales, April 1, 2009--A mid Wales facilities support company has launched a carpet tile recycling arm.
Washington, DC, April 1, 2009--Mortgage application volume last week ticked up a seasonally adjusted 3% from the week before, as mortgage rates continued to fall, the Mortgage Bankers Association said on Wednesday.
Dubai, UAE, April 1, 2009--Domotex Middle East 2009 is targeting Lebanon as a major market for carpets and floor coverings and a catalyst for the growing regional wholesale market.
Washington, DC, March 31, 2009--Consumer confidence edged up in March from a record low in February, according to the monthly Conference Board index reported Tuesday.
Mercerville, NJ, March 30, 2009--Resilient manufacturer Congoleum Corp. said fourth quarter sales were $31.7 million, compared with sales of $43.8 million reported in the fourth quarter of 2007, a decrease of 27.6%.
Miami, FL, March 31, 2009--Homebuilder Lennar Corp. said Monday it's first-quarter losses increased 77 percent as home deliveries and new orders fell despite stepped-up buyer incentives.
Neumarkt, Germany, March 31, 2009-- Pfleiderer AG said it missed its revenue and earnings targets last year.