Orders For Durable Goods Rise
Washington, DC, Aug. 26--Demand for big-ticket items increased for the second straight month in July, another encouraging sign for the manufacturing sector.
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.
How Safe Is Your Floor Cleaner?
Southlake, TX, Aug. 26--Many household cleaning products leave floors more slippery than they were before cleaning, the National Floor Safety Institute (NFSI) reported this week.
TieTek Recycles Carpet Into Railroad Ties
Houston, TX, Aug. 26--North American Technologies Group says it has acquired a 200,000-square-foot plant on 40 acres of land near the East Texas city of Marshall where it will manufacture railroad crossties from recycled plastics and scrap tires, as repor
Pillowtex Petitions Court On Health Costs
Kannapolis, NC, Aug 25--Pillowtex Corp., a maker of towels and bedding that closed all 16 of its plants, said on Monday that it has petitioned the bankruptcy court to address unpaid employee medical claims and keeping key employees.
Tarkett Sommer Subsidiary Completes Offer For Domc
Montreal, Aug. 26--Tarkett Sommer announced today that its indirect subsidiary, 4158148 Canada Inc. (the "Offeror"), has successfully completed its offer for all the outstanding Common Shares of Domco successfully completed its offer for all the outstandi
New Zealand Firm Finding New Ways To Enhance Wool
Lincoln, New Zealand, Aug. 25--We might have been farming them for thousands of years but as far as Garth Carnaby is concerned sheep are a high-tech product of the future.
Solutia Ratings Update
Chicago, IL, Aug. 22--Fitch Ratings maintains the Rating Watch Negative status on Solutia Inc.'s (Solutia) senior secured bank facility (revolver) rating of 'B-', senior unsecured debt and senior secured notes rating of 'CCC'.
E-Commerce Retail Sales Rise
New York, NY, Aug. 25--Retail sales made via the Internet or other electronic means shot up in the second quarter.
Building Stocks At Risk If Mortgage Rates Keep Ris
New York, Aug. 24--The ripple effect of rising mortgage rates has reached Wall Street.
UK Ad Campaign Touts Carpet
Kidderminster, UK, Aug. 25--The UK carpet industry--centered on the West Midlands--has launched a £1 million advertising campaign to attempt to stem a massive fall in demand for its products, according to the Birmingham Post.