Today's Flooring News

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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.

Feltex Earnings Up

Auckland, New Zealand, Feb. 13-- The Feltex Group recorded a net surplus of $11.4 million for the six months ended 31 December 2003.

BASF to Raise Ultramid Polyamide & Caprolactum Pri

Mount Olive, NJ, Feb. 12--BASF today announced that it will increase prices for Ultramid polyamide (PA) 6 spinning polymer, compounding resins and caprolactum in North America by six cents per pound, effective March 1.

Consumer Confidence Drops

New York, NY, Feb. 13--The University of Michigan's preliminary consumer sentiment index for February dropped to 93.1 from a revised 103.8 in January.

Feltex Carpets to Cut 70 Jobs

Auckland, New Zealand, Feb. 13—It was reported that approximately 70 people will lose their jobs at a Christchurch carpet factory.

Invista Sale to Include $1.8B Bank Loans, $1.2B Bo

Wilmington, DE, Feb. 12--DuPont Co. textile unit Invista is planning to offer $1.2 billion in senior notes and $1.8 billion in bank credit facilities to help finance Koch Industries Inc.'s leveraged buyout of the unit.

Georgia-Pacific Names New European, Dixie Presiden

Atlanta, Feb. 12--Georgia-Pacific Corp. today named new presidents of the company's European consumer products business and its Dixie business, a vice president of research and development, a vice president and controller, and a vice president of inte

Record Number of Exhibitors Slated for ASCR Annual

Millersville, MD, Feb. 12--The Association of Specialists in Cleaning and Restoration (ASCR) has announced that a record number of exhibitors will participate in the Association’s 2004 annual meeting.