Soaring Plywood Prices Squeeze Home Builders
Pueblo CO, Sep. 20--The rising cost of lumber is starting to squeeze profits for area home builders but they aren't ready to raise prices to home buyers yet, according to the Pueblo Chieftain.
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.
Iran's Carpet, Handicrafts Exports Ahead of Ta
Tehran, Sept. 22-- Export of carpets and handicrafts in the first five months of the year was 55 percent ahead of the target set in the Third Five-Year Economic Development Plan.
Home Depot Expects Grasso To Remain On Its Board
Atlanta, GA, Sept. 18--Home Depot said it expects former New York Stock Exchange chairman and chief executive Dick Grasso to serve out his term on the company's board until it expires next May.
Prices Drop For Coverings 2004
Alexandria, VA, Sept. 19--The five sponsoring organizations of Coverings, together with the event's new show management team, have announced a 26% reduction in cost for material handling for exhibitors.
Green Power Group Works To Develop Green Energy So
Washington, DC, Sept. 19--The World Resources Institute (WRI) and the 12 members of its Green Power Market Development Group today announced 97 megawatts (MW) of groundbreaking green power deals. The purchases include the largest corporate fuel cell and r
Gulistan Carpets Gets New Owner
Aberdeen, NC, Sept. 18--A newly formed company has acquired Gulistan Carpets in Aberdeen.
McCann Named Invista Agency
New York, NY, Sept. 18--Invista, the newly renamed textiles division of DuPont, has awarded creative duties to roster shop McCann-Erickson, according to Adweek.
Armstrong Replaces Stencil Process
Lancaster, PA, Sept. 18--Armstrong World Industries, Inc.today announced that it will cease production of its residential stencil manufacturing process at the Lancaster, PA flooring plant effective September 26.
Insurers Working On Deal With Asbestos Exposed Fir
Washington, DC, Sept. 17--Shares of companies exposed to asbestos litigation rose Tuesday amid speculation that defendant companies had reached a deal with insurers on sticking points in proposed federal asbestos legislation.
W.L. Ross Offers To Buy Struggling Textile Produce
Greensboro, NC, Sept. 16--Cone Mills Corp., the largest denim fabric maker, said on Tuesday it plans to file for Chapter 11 bankruptcy protection soon and accept a buyout offer from distressed asset fund W.L. Ross & Co. under court auspices.