Small Business Optimism Rises in September
Washington, DC, October 9, 2007--Small business owners in September grew slightly more optimistic about the economy improving in the months ahead, a survey released on Tuesday showed.
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.
Domotex Middle East Sees Continuing Growth
Dubai, United Arab Emirates, October 9, 2007--After two editions Domotex Middle East has established itself as the leading platform for carpets and floor coverings in the Middle East region.
HB Fuller to Sell Automotive Joint Venture
Minneapolis, MN, October 9, 2007--H.B. Fuller Co. said it has agreed to sell its automotive joint venture to its main venture partner EMS Chemie Holding AG for $80 million in a move to focus on other businesses.
Dubin Clark Acquires Signature Fencing & Flooring
New York, NY, October 9, 2007--Signature Fencing and Flooring, the world's largest manufacturer, designer and renter of turf protection systems and specialty plastic flooring, has been purchased by Dubin Clark Company.
Carpetright CEO Makes Offer for Remaining Shares
London, England, October 9, 2007--Carpetright Chairman Philip Harris offered to buy the rest of the U.K.'s largest carpet retailer for 630 million pounds ($1.3 billion) after the stock declined and sales fell.
Nora Rubber Manufacturer Gets New Owners
Lawrence, MA, October 5, 2007—Two German investment firms have purchased Freudenberg Building Systems, manufacturer of Nora rubber flooring.
BASF Opens Nylon Plant in Freeport
Florham Park, NJ, October 8, 2007--BASF today opened two new manufacturing plants to produce nylon and superabsorbent polymers at its site in Freeport, Texas.
Five Solutions Earn CRI Seal of Approval
Dalton, GA, October 8, 2007--Six cleaning solutions have been added to the Carpet & Rug Institute (CRI) Seal of Approval list.
Armstrong Receives $180M Tax Refund
Lancaster, PA, October 8, 2007--Armstrong World Industries said it has received the majority of approximately $180 million in refunds for federal income taxes paid over the last 10 years.
CEO Confidence Declines Further
New York, NY, October 8, 2007--The Conference Board Measure of CEO Confidence, which had declined to 45 in the second quarter of 2007, edged down to 44 in the third quarter.