Retail Sales Off on Lower Gas Prices
Washington, DC, November 14, 2006--Retail sales fell in October for the second month in a row, pushed lower by falling gasoline prices, the Commerce Department reported Tuesday.
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.
Armstrong’s Bankruptcy Red Tape Continues
Lancaster, PA, November 7, 2006--Armstrong World Industries has gotten out of bankruptcy, but the paperwork keeps rolling in.
AquaFil Opens Fiber Extrusion Facility in Georgia
Cartersville, GA, November 3, 2006--Aquafil USA Inc. recent inaugurated its new 142,000 sq. ft. facility in in Cartersville with a ceremony in front of more than 150 invitees.
Dal-Tile to Close Tennessee Plant
Jackson, TN, November 1, 2006--Dal-Tile Corporation has sent notice to local government officials that it will permanently close its Jackson manufacturing facility around Dec. 27.
Redi Carpet Acquires Young’s Flooring
Houston, TX, November 1, 2006--In its ongoing quest to secure coverage in the country’s top multi-family markets, MultiFamily Solutions Member Redi Carpet, Houston, TX, recently acquired Virginia Beach, Virginia-based Young's Flooring.
Invista to Acquire Honeywell's Nylon 6 Busines
Kennesaw, GA, October 30, 2006--Invista has reached a definitive agreement with Honeywell to purchase, via a wholly foreign-owned enterprise in the Peoples Republic of China, the assets of Honeywell’s nylon 6 bulked continuous filament (BCF) business in
3Q GDP Grows at 1.6% Rate
Washington, DC, October 27, 2006--Economic growth slowed sharply in the third quarter, increasing at a real seasonally adjusted annual rate of 1.6% after a 2.6% increase in the second quarter, the Commerce Department said Friday.
Consumer Seniment Improves in Late October
Washington, DC, October 27, 2006--Consumer sentiment strengthened slightly in late October, according to media reports Friday of proprietary research from the University of Michigan.
Q.E.P. Reports 2Q Loss
Boca Raton, FL, October 24, 2006--Q.E.P. Co. today announced financial results for its fiscal 2007 second quarter and six months ended August 31, 2006.
Kohlberg Kravis Roberts Signs Agreement to Acquire
October 23, 2006, New York, NY--Kohlberg Kravis Roberts & Co. (« KKR ») today has signed a definitive partnership agreement with the Deconinck Family (the “Family”) by acquiring 50% of the share capital of SIF (Société d’Investissement Familiale).