Plastech Makes Bid for Auto Supplier Collins & Aik
Detroit, MI, August 10--Plastech Engineered Products Inc. has made a $1 billion bid to buy rival auto-parts supplier Collins & Aikman Corp., which filed for bankruptcy in May.
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.
Sailor Wins The Great Stainmaster Carpet Sweepstak
Atlanta, GA, August 10--A U.S. Navy man providing support to U.S. troops in the Iraq war has won the Great Stainmaster Carpet Sweepstakes and has been awarded the grand prize of new, fashionable carpet and related products and services valued at up to $5,
USGBC Files for ANSI Accreditation
Washington, DC, August 10--The U.S. Green Building Council (USGBC) has filed an application with the American National Standards Institute (ANSI) to become an ANSI accredited national standards developer.
Volume Up At Major Ports, But Congestion Down
Washington, DC, August 10--Inbound container traffic is up at the nation’s major ports, but congestion that plagued the docks last year does not appear to have returned, according to the National Retail Federation’s new monthly Port Tracker report.
City of LaGrange & Milliken Harvest Greener Energy
LaGrange, GA, August 10--The City of LaGrange, Georgia will launch an innovative program harvesting gas from the community landfill in September.
Federated's 2Q Earnings Nearly Double
Cincinnati, OH, August 10--Federated Department Stores said its earnings nearly doubled in its second quarter, and the company sees sales growth picking up in the second half of the year.
Investors Seize on Laminate Opportunities in Russi
Moscow, Russia, August 10--Foreign investors have found a new free niche on the Russian building materials market: Laminate manufacturing, according to RIA Novosti.
Mortgage Applications Off Last Week
New York, NY, August 10--Applications for home mortgages fell last week, its third consecutive drop, as refinancing activity waned and interest rates reached four-month highs, industry group figures showed on Wednesday.
May Department Stores 2Q Earnings Drop
St. Louis, MO, August 9--May Department Stores reported second quarter earnings that fell by nearly half from the year before, hurt by expenses from its planned merger with Federated Department Stores.
Coveright Mulls Expansion at South Carolina Plant
Columbia, SC, August 9--Coveright Surfaces doesn’t make hardwood flooring and cabinets, but its 145 employees in Blythewood produce the wood-grain illusion.