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.

BASF to Increase Latex Prices

Charlotte, NC, October 6 -- Effective November 1, 2004, or as contracts allow, BASF will raise prices in the United States and Canada by $0.05 per dry pound on all Butonal high-solids styrene butadlene latex products supplied to the carpet, construction,

Producer Prices Up 1.7%

Washington, DC, November 16--The producer price index for finished goods rose 1.7% in October, which the biggest increase since January 1990, according to a Labor Department report.

Foamex Names New Board Member

Linwood, PA, November 12--Foamex said it has named Thomas M. Hudgins to the company's board of directors, effective immediately. Hudgins will also serve on the board's audit committee.

Green Campaigners in Scotland Win Hardwood Floorin

Glasgow, Scotland, November 11--Council chiefs confirmed yesterday that a "sustainable" wood supply had been chosen for a multi-million-pound refurbishment project following protests from environmental campaigners.

Solutia’s Sales Up 14% in 3Q

St. Louis, Mo, November 9--Bankrupt chemical maker Solutia Inc. said in a regulatory filing Friday that price increases, higher sales volumes and favorable currency-exchange rates drove up third-quarter net sales by 14 percent.

Foamex Reports 3Q Loss

Linwood, PA, November 5--Foamex in the third quarter reported a net loss of $114.5 million, or $4.68 per diluted share, compared with a net loss of $11.0 million, or $0.45 per diluted share, in the third quarter of 2003.

Federated's October Same-Store Sales up 4%

Cincinnati, OH, November 4--Federated Department Stores, reported total sales of $1.098 billion for the four weeks ended October 30, 2004, an increase in total sales of 3.8 percent compared to total sales of $1.057 billion in the same period last year.