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.
Lahore, Pakistan, January 3--Punjab Minister for Investment, Industries and Commerce Muhammad Ajmal Cheema has said that the State Bank of Pakistan (SBP) is willing to provide up to $3 billion worth of export refinancing to small and medium exporters.
Chattanooga, TN, January 3--More than $4 billion changed hands when DuPont sold its Invista unit earlier this year to Koch Industries Inc., but Invista's manager in Chattanooga said little is different at his plant, according to the Chattanooga Times/
Rossendale, England, January 3-- Britain's biggest maker of underlay for carpets and laminate floors has been put up for sale by venture capitalist Rutland Partners.
Huntington, WV, January 3-- Cedar is an especially aromatic wood and has other benefits too. Moths hate cedar, making the material an excellent choice for hope chests and closet flooring, according to the Huntington, West Virginia Herald-Dispatch.
Troy, MI, January 3--Kmart Holding said Monday that it expects to generate operating income of about $250 million for November and December of 2004, an increase of 10 percent year-over-year.
New York, NY, December 30--The Conference Board’s Help-Wanted Advertising Index – a key barometer of America's job market – dipped one point in November. The Index now stands at 36. It was 38 one year ago.
Washington, DC, December 30--Despite soaring oil prices and a slumping dollar, the United States enjoyed a banner year in terms of economic growth in 2004, but the new year is likely to see a significant slowdown, private economists say.
San Francisco, CA, December 30--Visits to Web shopping and classifieds sites jumped 25.6 percent from the year-ago holiday season and peaked on Thanksgiving Day, Internet research company Hitwise said.
Chicago, IL, December 30--A gauge of business in the Chicago area, a center of U.S. manufacturing, fell for a second month as employment gains slowed, a private survey found.
United Arab Emirates, December 29--Among the Iranians, the carpet business has long been a closely guarded family tradition, with fathers passing over the knowledge and skills to their sons.