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, Oct. 20, 2008--Solutia Inc. said it expects to report third quarter net sales of $587 million, a 29 percent increase over the prior year period and adjusted EBITDA is anticipated to be $111 million, a 46 percent increase over 2007.
Gyor, Hungary, Oct. 20, 2008--Hungarian flooring company Graboplast increased its production capacity from an annual 3 million square meters of flooring to 5 million square meters.
Northlake, IL, Oct. 21, 2008--Empire Today is introducing a Holiday Installation Guarantee promotion to provide customers a way to make last minute updates to their homes before the holidays.
Gandino, Bergamo, Italy, Oct. 21, 2008--RadiciGroup has cut production at its adipic acid and nylon 66 chemical plant to respond to current market conditions.
Hayward, CA, Oct. 20, 2008--Mervyns department store chain has confirmed a plan to close its remaining 149 stores and liquidate store inventory and real estate.
Maplewood, MN, Oct. 21, 2008--3M Co.said its third-quarter profit increased 3 percent on higher international sales led by growing demand from Latin America.
Tampa, FL, Oct. 21, 2008--The home improvement market hadn’t seen a decline since 1991, according to the Home Improvement Research Institute.
Wilmington, DE, Oct. 21, 2008--Chemical manufacturer DuPont Co. says hefty hurricane-related charges helped drive third-quarter earnings down 30 percent, and it has cut its 2008 forecast on weakening North American and Western European demand.
Aliquippa, PA, Oct. 21, 2000--Ardex Engineered Cements along with its sister company, The W.W. Henry Company, have been selected as a preferred supplier to the ReSource Commercial Flooring Network.
Auckland, New Zealand, Oct. 20, 2008--A band of disaffected Carpet Court franchise owners has formed a new rival retail flooring venture.