German Firm To Open West Virginia Plant
Clarksburg, WV, June 18--Stockmeier Kunststoffe, a German manufacturer of polyurethane products, plans to open a facility in Harrison County.
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.
DuPont Lands Arbitration Award
Greensboro, NC, June 18--An arbitration panel awarded about $16 million in damages to DuPont Co. in its arbitration case with Unifi Inc. over their manufacturing alliance, Unifi said.
Anderson-Tully Shuts Down Vicksburg Plant Temporar
Vicksburg, MS, June 18--The Anderson-Tully Co. flooring mill in Vicksburg shut down Tuesday, adding two weeks of down time to the already scheduled weeklong closing period in early July.
Builder Confidence Rises
Washington, DC, June 16--Indicating that the lowest mortgage rates in nearly half a century are providing solid motivation for home buyers, builder confidence in the market for new single-family homes rose strongly in June to pre-war levels, the National
Domco Tarkett Provisional Share Values Announced
Farnham, Quebec, June 17--Domco Tarkett Inc. announced today that the Special Committee of Independent Directors of Domco Tarkett authorized the disclosure of the provisional range of values...
Shaw Debuts New Commercial Lines
Dalton, GA, June 17--Shaw S|C, a leader in carpet design and sustainability, is proud to bring three innovative lines to the floor covering industry.
DuPont Successfully Completes Tender Offer
Wilmington, DE, June 17—DuPont today announced that DCI Acquisition Inc., a subsidiary of DuPont, has successfully completed the tender offer for all the class A common shares, Series 1 of DuPont Canada, not owned by DuPont or its affiliates.
LDBrinkman To Liquidate Sacramento Inventory
Sacramento, CA, June 17--Flooring wholesaler LD Brinkman is liquidating its entire inventory including goods in its Sacramento warehouse, where it has laid off about 20 people, according to the Sacramento Bee.
Pergo Unsure About Expansion Plans
Garner, NC, June 17--Swedish floor maker Pergo is still considering increasing its U.S. manufacturing capacity despite the recent collapse of its plans to take over a rival, but whether that will lead to an expansion of its Garner plant remains a question
Asbestos Litigation Talks Resume
Washington, DC, June 16--Labor, insurance and business leaders revived negotiations on Capitol Hill this weekend over federal legislation to rein in asbestos lawsuits that pose a growing threat to dozens of large manufacturers.