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.
Frankfurt, Germany, July 16--Bayer AG will spin off its Lanxess chemicals and polymers unit to shareholders and list it separately on the stock exchange at the beginning of next year, the German chemicals and drugs group said on Friday.
Dalton, GA, July 16--Shaw is addressing the need for a definitive collection of rugs that offers special sizes for kitchens, breakfast nooks, and dining rooms with its introduction of the Casual Dining Collection.
Washington, July 16--Senate Majority Leader Bill Frist proposes to resolve legal claims over asbestos exposure with a $140 billion industry-financed fund to pay victims, aides close to lawmakers' talks said on Thursday.
Dalton, GA, July 16--Instead of a customer visiting your store every five to seven years to shop for new flooring, what if you could have her come in every five to seven weeks?
Birmingham, England, July 16—After the initial public offering of Floors 2 Go earlier this year the founding family has cashed in the last of their shares, according to icbirmingham.com.
New York, July 16--Martha Stewart was sentenced today to five months in prison and five months of home confinement, closing another chapter in the legal battle against the domestic doyenne that has its roots in a stock trade made two and a half years ago.
Ann Arbor, July 16--Consumer sentiment improved in early July, supported by a relatively healthy jobs market and a fairly optimistic outlook on the world's largest economy, according to a survey released on Friday.
Washington, July 15--Inflation in the production pipeline eased in June as economic activity cooled, validating the Federal Reserve's judgment that it will not need to raise interest rates aggressively this year.
Dalton, GA, July 15--The Carpet and Rug Institute (CRI) today announced the launch of the International Flooring Science Resource Center. The website will serve as the home for the new peer reviewed publication the International E-Journal of Flooring Scie
Dalton, GA, July 15--Faus Group, Inc. has appointed Stan McMackins the National Technical Director.