Pergo Changes Annual Meeting Date
Trelleborg, Sweden, Feb. 18—Pergo's annual meeting will be held on April 22, instead of May 8 as announced previously.
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.
January Housing Starts Up 0.2%
Washington, DC, Feb. 19--Construction of new homes and apartments rose in January to the highest level in 16 years as low mortgage rates continued to power a housing boom, according to the Commerce Department.
Forbo sells Forbo Repoxit
Eglisau, Switzerland, Feb. 18—Forbo has sold its subsidiary Forbo Repoxit AG, of Winterthur, Switzerland. Repoxit was acquired by the management of the company. The takeover was effective January 1.
Mannington To Intro Hard Surface Floors With Teflo
Salem, NJ, Feb. 21--Mannington Mills has made an exclusive, multi-year agreement with DuPont Fluoroproducts in which Mannington will market newly developed coatings for resilient, laminate and wood flooring products using the DuPont Teflon brand.
Pergo/Witex Merger Gets Antitrust Approval
Trelleborg, Sweden, Feb. 20— The merger between Pergo and Witex is conditional upon approval from antitrust authorities in Germany and Sweden.
Solutia To Increase Nylon Fiber Prices
St. Louis, MO, Feb. 21--Solutia will increase its prices on nylon carpet fibers for both the residential and commercial carpet market segments. An increase of up to 13% will be effective March 3 for residential carpet fibers, and April 1 for commercial ca
Wal-Mart’s Earnings Up
Bentonville, AK, Feb. 18--Wal-Mart Stores' fourth quarter earnings were up 16.3%, beating analysts expectations. In the quarter the company posted earnings of $2.53 billion, or $0.57 per share, compared to $2.19 billion, or $0.49 per share, a year ea
Interface Reports 4th Quarter and Year End Loss
Atlanta, GA, Feb. 19--Interface announced results for the fourth quarter and fiscal year ended December 29, and also announced its intent to sell or otherwise create a joint venture or strategic alliance for its raised flooring business, Interface Archite
DuPont Outlines Sustainability Position for the 21
Denver, Feb. 17--DuPont Central Research and Development Vice President Dr. Uma Chowdhry today will deliver the topical lecture, "Sustainability and Integrated Science for the 21st Century," at the American Association for the Advancement of Science (AAAS
Industrial Production Up
Washington, DC, Feb. 14--Industrial production made a comeback in January, rising 0.7% from the month before, while businesses boosted inventories the month before--a pair of promising signs for the struggling economy.