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.
Raleigh, NC, July 29, 2008 – Dal-Tile Corp., the nation’s largest distributor of natural stone slabs and tiles, has acquired the stone business from Marble Point Inc., a natural stone importer and wholesale distributor in Raleigh.
St. Louis, MO, July 28, 2008--Solutia Inc. reported a net loss of $16 million for the second quarter, compared to net income of $56 milllion a year ago.
New York, NY, July 29, 2008-- Home prices fell at the fastest rate ever in May, according to the Standard & Poor's/Case-Shiller 20-city index.
New York, NY, July 29, 2008--Consumer confidence ticked up in July from a 16-year low, according to the Conference Board.
Linwood, PA, July 28, 2008--Foamex International said it is extending its rights offering and second lien term loan offering to Aug. 12 from the original July 24 deadline.
New York, NY, July 29, 2008--The International Council of Shopping Centers Retail Chain Store Sales Index increased 1.2 percent in the week ending July 26 from its level the previous week.
Scottsdale, AZ, Jul 28, 2008--Meritage Homes reported a net loss of $23 million or $0.79 per share, driven by $39 million in pre-tax real estate-related charges.
Washington, DC, July 28, 2008--The National Federation of Independent Business has begun distributing on Capitol Hill "The Faces of the Healthcare Crisis: Small Business in America."
Minneapolis, MN, July 29, 2008--Tennant Co. reported net earnings of $8.3 million, or $0.44 per diluted share compared with $10.5 million, or $0.55 per diluted share in the second quarter of 2007.
Oscoda, MI, July 29, 2008 -- Oscoda Plastics Inc., the manufacturer of Protect-All Commercial Flooring, has signed Phoenix Floor & Wall Products of Rexdale, Ontario, Canada, as a distributor.