Dow Closes $16.5 Billion Buyout of Rohm & Haas
Midland, MI, April 2, 2009--Dow Chemical Co. said Wednesday it has closed on its $16.5 billion buyout of Rohm & Haas Co.
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.
Flexco Signs Two Distributors
Tuscumbia, AL, April 2, 2009--Resilient flooring manufacturer Flexco has signed two new distributors.
Mercier Adds New England Distribution
Montmagny,Quebec, Canada, April 2, 2009--Mercier Wood Flooring has signed Wood Pro for distribution in New England.
Eco Certifications Proliferate, Confuse Consumers
Scottsdale, AZ, April 2, 2009--Kevin Owsley recently went searching for a reputable organization that could validate the eco-friendly traits of his company's carpet-cleaning fluid.
Costco Abandoning Home Furnishings Store Concept
Kirkland, WA, April 2, 2009--Costco Wholesale Corp. joined other major retailers and said it's shutting its two Costco Home stores.
Pending Home Sales Rise in February
Washington, DC, April 1, 2009--New sales contracts on existing homes rose a seasonally adjusted 2.1% in February amid improved affordability and stimulus incentives, according to the National Association of Realtors.
H.B. Fuller's Income Falls 66% in First Quarter
St. Paul, MN, April 1, 2009--Adhesives maker H.B. Fuller Co.'s first-quarter net income dropped 66% on lower sales and margins because of the global economic downturn.
Electronic Device Tracks Wood Floors Over Time
Vienna, Austria, March 31, 2009--RFID chips are being imbedded in wood flooring to help flooring contractors measure floor temperature, timber moisture and subsoil humidity over extended periods of time.
Decline in Construction Shows Signs of Moderating
Washington, DC, April 1, 2009--U.S. construction spending was better than expected in February, a government report on Wednesday said, suggesting that the pace of deterioration was start to moderate.
Solutia Sells Nylon Business To PE Firm
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.