Foamex Receives Final Court Approval for $320 Mill
International announced that the U.S. Bankruptcy Court for the District of Delaware has granted final approval for the Company's $320 million debtor-in-possession (DIP) financing.
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.
Industrial Production Falls 1.3% in September
Washington, DC, October 14, 2005--Industrial production dropped by 1.3% in September as Hurricanes Katrina and Rita knocked out oil rigs and refineries along the Gulf Coast.
Consumer Price Index Up 1.2%
Washington, DC, October 14, 2005--The consumer price index for September rose a bigger-than-expected 1.2%, according to a Labor Department report. It was the fastest pace in consumer inflation more than 25 years.
Retail Sales Rise 0.2% in September
Washington, DC, October 14, 2005--Retail sales rose 0.2% in September.
Court Says Congoleum’s Law Firm Had Conflict
New York, NY, October 14, 2005--A federal appeals court ruled yesterday that a Washington law firm had a conflict of interest when it advised Congoleum, a company coping with asbestos claims, according to the New York Times.
Consumer Sentiment Falls in October
Ann Arbor, MI, October 14, 2005--The University of Michigan's preliminary index of consumer sentiment decreased to 75.4 in mid-October from 76.9 in September.
Business Inventories Fall 0.5%
Washington, DC, October 14, 2005--Business inventories fell an unexpected 0.5% in July, led by a drop in motor vehicles and parts, according to a report from the Commerce Department.
NWFA: Real Wood Floors are the Healthy Choice
St. Louis, MO, October 14, 2005--The National Wood Flooring Association (NWFA), citing the U.S. Environmental Protection Agency said that 50 million Americans suffer from allergies.
CFI - WFCA Installation Training Initiative Gainin
Kansas City, MO, October 14, 2005--The focus of CFI and the World Floor Covering Association toward installation training has increased the interest from dealers, contractors and installation professionals.
comScore Reports that 94 Million Viewed Online Vid
Reston, VA, October 14, 2005--comScore Media Metrix today released the first publicly available analysis of consumer usage of online streaming video content, based on the comScore Media Metrix Online Video Ratings service.