Pfleiderer to Buy Laminate Producer Kunz
Duesseldorf, Germany, July 5--Pfleiderer AG said it has informed the German Cartel Office that it plans to buy Kunz AG, a maker of laminate flooring.
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.
Tibetan Carpets Enter Global Market
Beijing, China, July 5--Tibetan carpet, Persian carpet and Turkey carpet are the top three best-known carpets in the world.
Mohawk to Acquire Unilin
Calhoun, GA, July 5--Mohawk Industries announced that it has entered into a definitive agreement to acquire Unilin Holding NV, a leading manufacturer and marketer of laminate flooring products based in Belgium.
Domo To Sell Polymer Business
Ghent, Belgium, July 1—The Belgian manufacturing company Domo will spin off and sell its chemicals and polymers business in order to focus on its remaining floorcoverings and fiber and yarn businesses.
Big Bob’s Adds Furniture
Kansas City, MO, July 1--Some area home furnishing stores have struggled to compete with Nebraska Furniture Mart. But one home furnishings company is expanding to try to take some of Nebraska Furniture Mart’s business.
Construction Spending Off
Washington, DC, July 1--Spending on construction projects fell for a third straight month in May, reflecting declines in the building of homes, offices and shopping malls.
Specter Rethinks Subpoena for Gathering Asbestos B
Washington, DC, July 1--Senate Judiciary Committee chairman Arlen Specter appeared to back away on Thursday from a threat to subpoena information from companies facing asbestos lawsuits.
Zero Downpayment Mortgage Would Aid 50,000 First-T
Washington, DC, July 1--The nation’s home builders are supporting a bipartisan legislative proposal to establish a pilot program for Federal Housing Administration (FHA) insurance.
Manufacturing Up in June
Tempe, AZ, July 1--Manufacturing grew at a faster pace in June while price pressures eased, the Institute for Supply Management said Friday.
Potlatch Introduces Enviro-Friendly Floor Underlay
Spokane, WA, July 1--Potlatch Corporation, producer of specialty and environmentally friendly wood products, has introduced EnStron, a particleboard flooring underlayment made from 100 percent recovered wood fiber.