Germany’s Vorwerk Posts Record Year
Wuppertal, Germany, June 17--In the year 2004 carpet and household appliance maker Vorwerk continued the very good growth development of the past years.
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.
Crossville Intros a First in Porcelain Stone Tile
Crossville, TN, June 16--For the first time in Porcelain Stone tile, Crossville has made it possible for homeowners and designers of commercial projects to easily create uniquely personal floor installations that can also be carried up the wall.
Builder Confidence Hits New High For 2005
Washington, DC, June 16--Encouraged by continuing low mortgage rates and robust demand for new homes, single-family home builders are more confident this June than they’ve been all year, according to the latest National Association of Home Builders/ Wells
New Executive Committee, Board Members Elected at
Anaheim, CA, June 16--Aaron J. Pirner, CFE, will become chairman of the board of directors of the World Floor Covering Association (WFCA) effective July 1.
Housing Starts Up in May
Washington, DC, June 16--Housing starts rose 0.2% in May to a seasonally adjusted 2.009 million annualized units from April's revised 2.005 million, according to the Commerce Department.
Beige Book: Economy Expanding
Washington, DC, June 16--The economy expanded across the nation from mid-April through May as tourism, real estate, and manufacturing strengthened and the job market improved nationwide, according to the Federal Reserve’s beige book survey.
Wellman to Take $24M Charge in Lawsuit Settlement
Shrewsbury, NJ, June 16--Wellman Inc on Wednesday said it would record a pretax charge of $24 million in the 2005 second quarter to cover the cost of a lawsuit settlement.
Ilva's Paesina Collection Offers Modern Porcel
Coconut Grove, FL, June 16--Modern décor continues to grow in popularity in homes and businesses nationwide, and Ilva S.A. - the Argentine manufacturer of porcelain tile - has introduced its Paesina Collection as a reflection of that style.
Group Mobilizes To Stop Asbestos Legislation
Washington, DC, June 16--The Coalition for Asbestos Reform (C.A.R.), a group of small and medium sized businesses and major insurance companies, announced today that it has engaged a team to educate U.S. businesses and policymakers about the serious flaws
Tandus Announces 1Q Financials
Dalton, GA, June 15--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and Subsidiaries, announced its financial results for the first quarter (13 weeks) ended April 30, 2005.