Lumber Prices Reach 10 Year High
Chicago, August 19 - Lumber prices rose to the highest level in 10 years Wednesday on the Chicago Mercantile Exchange.
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.
Teragren Unifies Brand Strategy
Bainbridge Island, WA, August 18 - Teragren LLC, a leading manufacturer of bamboo hardwood flooring, has consolidated its two bamboo brands, Teragren and TimberGrass, into one - Teragren.
Tarkett Commercial Makes Appearance at the Olympic
Houston, TX, August 18--To accommodate more than 10,500 Olympic athletes in Athens new athletic facilities and an Olympic Village needed to be constructed before the opening ceremony of the 2004 Summer Olympics, Tarkett Commercial supplied flooring for m
Home Depot 2Q EPS Up 25%, Beat Estimates
Atlanta, GA, August 17--Home Depot reported record second quarter net earnings of $1.5 billion, $0.70 per diluted share, up 25 percent, for second quarter fiscal 2004.
Industrial Production Up 0.4% in July
Washington, DC, August 17--Output of the nation's factories, mines and utilities rose in July, but June's losses were revised downward, offsetting any gains to the level of production, the Federal Reserve said Tuesday.
Housing Starts Jump 8.3% in July
Washington, August 17— Housing starts surged by a larger-than-expected 8.3% to a seasonally adjusted annual rate of 1.978 million in July, according to the Commerce Department.
BASF Evaluates Impact of Soaring Benzene Costs
Ludwigshafen, Germany August 17-- BASF AG says it will turn away back business if it cannot raise prices for its styrene-based and nylon products because of the soaring price of benzene, the main feedstock for styrene and caprolactam.
PPI Slows to a 0.1% Gain in July
Washington, August 13--Producers prices increased a moderate 0.1 percent in July, the Labor Department estimated Friday.
Environmental Home Center Hit By Fire
Seattle, WA, August 13--Environmental Home Center, the nation's first sustainable building supplier, lost its main warehouse, showroom and office in an early-morning fire on August 11.
Tandus Ends Joint Venture With Dixie
Chattanooga, TN, August 11-- Dixie Group Inc., in a Securities and Exchange Commission filing, said it received notice that the company’s joint venture partner, the Monterey Carpets unit of Tandus, will pull out of a joint venture, giving Dixie Group the