Exhibitors Readying Their Coverings 2007 Rollouts
Alexandria, VA, March 21, 2007--More than 1,200 of the world’s leading resources in tile and stone are preparing for their journey to Chicago for Coverings 2007.
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.
Chicago Fed National Activity Index Up
Washington, DC, March 26, 2007--The Federal Reserve Bank of Chicago on Monday said its gauge of the national economy rose in February, boosted mostly by strength in production indicators.
New Home Sales Drop 3.9% in February
Washington, DC, March 26, 2007--Sales of new-homes fell 3.9% to a seasonally adjusted annual rate of 848,000, the lowest since June 2000, the Commerce Department reported Monday.
Stifel Nicolaus Maintains “Buy” on Armstrong
New York, March 26, 2007--Analysts at Stifel Nicolaus & Company maintain their "buy" rating on Armstrong World Industries Inc (ticker: AWI). The target price is set to $58.
Omnova Intros New High-End Floor Polishes
Fairlawn, OH, March 26, 2007--Solutions has launched a premium styrene acrylic floor care polymer, Mor-Glo 2007.
Pennsylvania Hardwood Producers Go To China
Harrisburg, PA, March 26, 2007--Agriculture Secretary Dennis Wolff will lead a delegation of Pennsylvania hardwood companies on a trade mission trip to China.
Shanghai Anxin Flooring To Raise $150M From IPO
Bejing, China, March 26, 2007--Shanghai Anxin Flooring plans to raise about $150 million from an initial public offering in the U.S. as early as the third quarter.
Villeroy & Boch, Eczacibasi Negotiations Conclude
Mettlach, Germany, March 26, 2007--Villeroy & Boch’s negotiations with the Eczacibasi Group, which were announced in December 2006, have concluded.
Existing Home Sales Up 3.9% in February
Washington, DC, March 23, 2007--Existing-home sales rose strongly in February following a healthy gain in January, reaching the highest level since last April, according to the National Association of Realtors.
Pfleiderer AG To Invest $41M in Its German Sites
Neumarkt, Germany, March 23, 2007--Pfleiderer AG said it intends to sustainably improve the competitiveness of its German production sites.