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Home » Topics » Breaking Flooring News

Breaking Flooring News
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Dow's polyurethanes business develops low-VOC polyol process

March 7, 2001
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The Dow Chemical Co. says it has developed a new, low-volatile organic compound (VOC) copolymer polyol process.
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NAR upwardly revises January existing home sales

March 7, 2001
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The National Association of Realtors has revised U.S. January existing home sales data sharply higher, saying sales rose 3.8% in the month to a 5.13 million unit annual rate. The realtors' group originally said sales of previously owned homes fell 6.6% in January to a 4.65 million unit rate.
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Dow and Reichhold to join forces in specialty latexes; Dow to acquire Reichhold's paper and carpet latex businesses

March 7, 2001
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The Dow Chemical Co. and Reichhold Inc. plan to form a joint venture, Dow Reichhold Specialty Latex LLC, by combining the specialty latex businesses of Dow's Emulsion Polymers unit and Reichhold.
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Kolb joins Paxar board of directors

March 6, 2001
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David L. Kolb has been elected to the Paxar Corp. board of directors. Kolb, 62, is currently Mohawk Industries chairman of the board.
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Karol to succeed Work as Elcor president and CEO

March 6, 2001
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The Elcor Corp. board of directors has elected fellow director Thomas D. Karol as president and chief executive officer, to succeed Harold K. Work, effective March 26.
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Interface EPS, before restructuring expenses, up for Q4 and year

March 1, 2001
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Interface Inc. said that for the fourth quarter of 2000, the company reported net income of $9.9 million, or 19 cents per diluted share (before non-recurring restructuring charges), which represents an increase of 56% compared with net income of $6.4 million, or 12 per diluted share, in the same period a year ago.
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U.S. construction spending rose to record in January

March 1, 2001
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Spending on U.S. construction projects increased for the third straight month in January to record levels, driven by strong gains in single-family homes and industrial construction, the government reported.
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Foamex reports softening financial results, stays the course on debt reduction

March 1, 2001
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Flexible polyurethane and polymer foam products manufacturer Foamex International Inc. reported that, despite slightly lower sales and profits for fiscal year 2000, the company remains on track with its debt-reduction initiatives.
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Color Tile honors retailers of the year, increases rebates

February 27, 2001
No Comments
Distribution of the company’s Retailer of the Year awards, and attainment of a new membership level that allows for double rebates, topped the agenda at Color Tile’s annual membership meeting held during Surfaces 2001 in Las Vegas.
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January new-home sales slump

February 27, 2001
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New-homes sales plummeted by 10.9% in January, the biggest drop in seven years, as Americans' worries about the nation's economy overwhelmed the attraction of cheaper mortgage rates.
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