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.
Washington, DC, Nov. 18--The Bush administration, in a further escalation of trade tensions between the United States and China, announced Tuesday it had decided to impose quotas on three types of textile products.
Dallas, TX, Nov. 19--With about two months left until the show, Surfaces--the floor covering industry’s main event--is over 90% sold out.
Kitchener, Canada, Nov. 19--The Board of Directors of Kraus Carpet Mills Limited joins the Kraus family and all employees in mourning the passing of Michael Kraus, founder and Chairman Emeritus.
Atlanta, GA, Nov. 19--Georgia-Pacific director Jane Evans died suddenly while on a trip to Buenos Aires, Argentina, the company said, according to the Atlanta Journal-Constitution.
Washington, DC, Nov. 18--Consumer prices were steady in October, indicating that the recent surge in economic growth isn't fanning inflation.
Wichita, KS, Nov. 18--Koch Industries completed a $4.4 billion acquisition Monday with an agreement to acquire Invista, formerly DuPont Textiles and Interiors, according to the Wichita Eagle.
Auckland, NZ, Nov. 18--A new wool company owned by New Zealand's sheep farmers has roared into life with a multimillion-dollar deal to deliver a wonder wool protein to the world's cosmetic buyers.
Atlanta, GA, Nov. 17--Boston-based private equity firm Thomas H. Lee Partners is acquiring control of bedding manufacturer Simmons Co., maker of the Beautyrest mattress, for $1.1 billion.
Southlake, TX, Nov. 18--Many household cleaning products leave floors more slippery than they were before cleaning, the National Floor Safety Institute (NFSI) reported this week.
Lakeland, FL, Nov. 18--Florida Tile Industries Inc. announced Monday it will close its Lakeland manufacturing plant.