Akzo Nobel Completes Sale Of Casco Impregnated Pap
Arnhem, Netherlands, July 8--Akzo Nobel, Deutsche Beteiligungs AG, and Harvest Partners Inc. have closed a deal concerning the divestment of Akzo Nobel’s Impregnated Papers business.
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.
Prospective Pillowtex Buyer A Mystery
Kannapolis, NC, July 8--The story sounds straightforward enough: Broome & Wellington, a British textile firm, seeks to buy beleaguered Pillowtex Corp. for more than $350 million to expand its U.S. operations, as reported in the Charlotte Observer.
Argentine Tile Maker May Open Plant In Florida
Yulee, FL, July 8--An Argentine company that makes ceramic and porcelain tiles may be bringing 170 jobs to Yulee when it begins manufacturing services there, according to the Florida Times-Union, Jacksonville.
QEP Doing Well
Boca Raton, FL, July 8--Shares in QEP, the Boca Raton flooring tools maker, have more than doubled since they traded at $5.11 on March 17--closing Monday at $10.55, up 11 cents a share, according to the Palm Beach Post.
Mohawk Home Teams With Marketing Firm Vertis
Baltimore, MD, July 8--Vertis, a leading provider of technology based marketing and advertising solutions, today announced a three year contract with Mohawk Home...
Office Rents Down As Vacancy Rates Climb Slightly
New York, NY, July 7--Office rents declined nationwide as the economy continued to shed jobs in the second quarter, according to a new survey.
Building Product Manufacturers' Sales Hinge On
Philadelphia, PA, July 7--U.S. building products suppliers' second quarter results may rest in part on the extent to which they cater to homebuilders or to household do-it-yourselfers.
Floor and Décor Opens In Jacksonville
Jacksonville, FL, July 7--Jacksonville may lack some of the glitter and culture of the country's big cities, but let's not worry about that.
Lowes: Americans Continue to Improve Their Homes
Wilksboro, NC, July 3--It's become the modern day love affair with a recurring honeymoon of decorating and maintaining. The trend toward investing in the home, routine remodeling and the desire to improve has led the American D-I-Yer to a fixation wit
Unemployment Hits 6.4 Percent, A 9-Year High
Washington, July 3--The unemployment rate climbed to 6.4 percent last month from May's 6.1 percent, according to the Labor Department. It was a much worse reading than the 6.2 percent forecast by economists.