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.
Ludwigshafen, Germany, March 24--BASF is planning to phase out nylon (nylon 6) polymers production at it Enka, N.C. site by 2007 and consolidate production of these materials at its site in Freeport, Texas, according to Inteletex.
Washington, DC, March 24--New homes sales rose 9.4 percent in February to a seasonally adjusted annual rate of 1.226 million, according to the Commerce Department.
Washington, DC, March 23--Existing home sales slipped in February but remained above year ago levels.
Fairlawn, OH, March 22--OMNOVA Solutions Inc. reported a loss of $10.9 million, or $0.27 per diluted share, for the first quarter of 2005, compared to a loss of $5.8 million, or $0.14 per diluted share, during the first quarter of 2004.
Eglisau, Switzerland, March 22--Forbo sales rose in the past year by 1.5% to CHF 1.622 billion (plus 2.3% in local currencies).
Lancaster, PA, March 23--Armstrong hasn’t let the recent setback to its Chapter 11 reorganization plan stop it from investing in its future. The company is embarking on an ambitious "refocusing and reinvestment" strategy in 2005, building on its well-reco
Zurich, Switzerland, March 21--Private equity group CVC Capital Partners has lowered its minimum acceptance threshold for a successful takeover of Forbo Holding AG.
St. Louis, March 21--Solutia Inc. has announced two changes to its executive leadership team, effective immediately.
Las Vegas, NV, March 18—The brand new World Market Center of Las Vegas has announced dates for its 2006 Winter Market. Those dates, Jan. 30 to Feb. 3 coincide with Surfaces 2006, which is scheduled for Jan. 31 to Feb. 3 at the Sands Expo & Convention Cen
Washington, DC, March 17--The commercial real estate market is improving and vacancy rates are expected to decline in all four commercial market sectors this year, according to the National Association of Realtors Commercial Real Estate Spotlight.