FieldTurf Tarkett Buys Benyon Sports Surfaces
Montreal, Quebec, Canada, April 21, 2008--FieldTurf Tarkett has purchased Beynon Sports Surfaces and Beynon Enterprises and is now the largest running track company in North America.
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.
More Economists Believe Economy's Shrinking
Washington, DC, April 21, 2008-- Thirty percent of economists believe the economy will contract in the first half of the year. That's up from 10 percent in January, according to a survey by the National Association for Business Economics (NABE).
Oil Prices Crack $117 on Oil Tanker Attack
Bangkok, Thailand, April 21, 2008--Oil prices spiked to a record of $117.40 a barrel Monday after a Japanese oil tanker was attacked off the east coast of Yemen.
Tandus, IIDA, Partner in Government Sessions
Chicago, IL, April 21, 2008 – The International Interior Design Association (IIDA) and Tandus are collaborating on a comprehensive series of events for government designers in this year.
Mohawk Earnings Fall but Beat Guidance
Calhoun, GA., April 17, 2008--Mohawk Industries, Inc. reported first quarter net earnings of $65 million and diluted earnings per share of $0.95, both 28 percent below last year, but ahead of the company’s earlier guidance.
Group Says Home Improvement Spending on Decline
Cambridge, MA, April 18, 2008--Home improvement spending is unlikely to pick up until next year, and the second half of this year is likely to be weaker than the first six months, according to Harvard University's Joint Center for Housing Studies.
Financial Executives Say Recession Very Likely
Washington, DC, April 18, 2008—Financial executives believe that turmoil in credit and housing markets will be the most significant threat to economic growth this year.
Middle East Building Boom Fueling Domotex
Manama, Bahrain, April 18, 2008--A construction boom in Bahrain has led to a huge demand in professional flooring and carpets demand in the country.
Judge Clears Solutia's Payment of Legal Fees
New York, NY, April 18, 2008--A bankruptcy judge cleared Solutia Inc. to pay about $197 million to lawyers and other professionals despite government objections.
European Patent Office Confirms Välinge Technology
Viken, Sweden, April 17, 2008--The European Opposition Division at the European Patent Office has maintained three Välinge European patents related to the angling installation method.