Ceramics: Raw Materials Prices Likely Up in 2006
The rising costs of energy, transportation and labor will likely continue in 2006, according to a ceramics industry trade publication.
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 Predicts Higher Carpet Sales
Slamabad, Pakistan, January 16--Pakistan hopes to secure some $3.39 million in orders in 2005-2006, according to the chairman of the Pakistan Carpet Manufacturers and Exporters Association.
$149.5 Billion for Home Improvements in 2005
Cambridge, MA, January 14--Home improvement spending by homeowners edged up in 2005, ending the year growing 4.3% over the 2004 levels, according to the Remodeling Activity Indicator (RAI) devised by Harvard’s Joint Center for Housing Studies.
Pier 1 Could be Buyout Target
New York, January 15, 2006--Pier 1 Imports Inc., may become a buyout target because its share price has fallen 50 percent in ten months, according to the business weekly, Barron's.
Godfrey Hirst's Feltex Buy Doesn't Signal
Wellington, New Zealand, January 13, 2006--Australian carpet maker Godfrey Hirst said its move to increase its stake in New Zealand's Feltex Carpets Ltd., doesn't signal a fresh takeover bid, according to the Business Herald.
Coverings Announces Speakers for Architect and Des
Alexandria, VA, January 13, 2006--Color guru Leatrice Eiseman, award-winning interior designer Clodagh, and acclaimed community planner and environmental architect Elizabeth Plater-Zyberk are among the renowned experts headlining more than a dozen archite
Retail Sales Up 0.7%
Washington, DC, January 13, 2006--Retail sales rose a seasonally adjusted 0.7% in December as auto and gasoline sales strengthened, according to a Commerce Department report.
Kathy Ireland Visits Troops in Germany
Wiesbaden, Germany, January 13, 2006--U.S. military personnel stationed at Wiesbaden Army Air Field were got a surprise visit from Lifestyle Designer Kathy Ireland, who is the namesake for Shaw Industries' Kathy Ireland Home collection of flooring, wh
Producer Prices Up 0.9%
Washington, DC, January 13, 2006--Producer prices rose 0.9% in December, according a Labor Department report. It was the largest gain since September.
StainMaster to Unveil New Logo at Surfaces
Atlanta, GA, January 13, 2006--The StainMaster brand, which revolutionized the industry with superior stain resistance for carpet when it was introduced in 1986, is getting a new logo that more accurately conveys its current brand image as a style and fas