New Biotech Plant Coming to Tennessee
Loudon, TN, Sept. 1--With gas prices hitting $3.00 per gallon for regular, people are searching for ways to conserve. A new business coming to Loudon promises to help in that effort.
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.
Pakistan's Carpet Exports Likely to Surpass $3
Karachi, Pakistan, Sept. 1--Pakistan Carpet Manufacturers and Exporters Association chairman Abdul Ghafoor Sajid said carpet exports are likely to surpass $300 million during current fiscal year.
Mortgage Applications Fall Despite Lower Rates
New York, Sept. 1--Applications for U.S. home mortgages fell for the second consecutive week despite a steady decline in fixed mortgage interest rates in August.
Kansas City Mill Reclaims Barn Wood
Kansas City, KS, Sept. 1--Mark Callison is on a quest to save old wood. When the 30-year-old Mission Hills, Kan., man hears about a barn slated for demolition in the Midwest, he's there. Board by board, he and a crew of two others deconstruct about 20
July Personal Spending Rises 1%, Incomes Increase
Washington, DC, Sept. 1--U.S. personal spending rose 1 percent for a second month in July, as consumers jammed automobile dealer showrooms to take advantage of discounts, a government report showed.
RPM'S Tremco Completes Acquisition of Illbruck
Medina, OH, Sept. 1--RPM International’s wholly owned subsidiary, Tremco Incorporated, has completed the acquisition of privately owned Illbruck Sealant Systems.
2Q GDP Revised Down to 3.3%
Washington, DC, August 31--Gross domestic product rose at a seasonally adjusted 3.3% annual rate April through June, the Commerce Department said in its first revision of economic growth for the quarter.
Home Depot Honors Faus Group, QEP with Annual Awar
Atlanta, GA, August 31--The Home Depot awarded Techtronic Industries Co. Ltd. Its annual innovation award while Faus Group Inc. received first runner-up honors for DuPont Real Touch Elite laminate flooring.
Chain Store Sales Fall Fourth Straight Week
Washington, DC, August 30--Sales at major U.S. retail chain stores fell 0.3% last week, the fourth decline in a row, the International Council of Shopping Centers said Tuesday.
Hurricane Katrina Destroys $1 Million Carpet
Point Clear, AL, August 31--In its 158-year history, the Grand Hotel has survived fires, floods, hurricanes and two rounds of duty as a military facility.