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.
Montreal, Canada, July 17, 2006--PTT Poly Canada announced that it is raising the price of PTT polymer (polytrimethylene terephthalate) by 6 cpp in North America, effective August 1st. The increase is due to continued escalation in the cost of raw materia
New York, July 17, 2006--The Empire State Manufacturing index slipped to 15.6 in July from 29.0 in June, according to the Federal Reserve bank. This is the lowest level since October. The drop reflected declines in new orders and shipments.
Phoenix, AZ, July 13, 2006--Since its launch at the 2006 Surfaces Flooring Show, EnduraStone has been busy locking up distribution across the country.
New York, NY, July 13, 2006--The futures contract climbed past $76 a barrel Thursday for the first time ever on the New York Mercantile Exchange, with August crude touching $76.30 and last trading at $76.21, up $1.26.
Toronto, Ontario, July 11, 2006--New home construction in Canada picked up by 4.5 percent in June to beat analysts' expectations.
Washington, DC, July 10, 2006--Rising interest rates and climbing energy prices have weighed on housing activity, but 2006 should still be the third strongest year on record, mortgage finance company Freddie Mac said on Monday.
Toronto, Ontario, July 10, 2006--Toyota Boshoku Corp., announced the establishment of a new automotive interior manufacturing company, Toyota Boshoku Canada, located in Woodstock, Ontario Canada.
Washington, DC, July 10, 2006--Wholesale inventories rose 0.8% in May while sales increased 1.6%, according to a Commerce Department report.
Cincinnati, OH, July 6, 2006--Federated Department Stores today reported total sales of $2.367 billion for the five weeks ended July 1, 2006, an increase of 64.8 percent compared to total sales of $1.436 billion in the same period last year.
Bentonville, AR, July 6, 2006--Wal-Mart said Thursday that total U.S. same-store sales rose 1.2 percent for the month of June, short of Wall Street expectations for a 2 percent.