Despite clear indications that the U.S. economy has weakened, the nation’s conventional housing market is expected to remain relatively healthy in the coming year, according a new Standard & Poor's report "U.S. Homebuilders' Outlook for Credit Quality."
The Bostik Findley Flooring Group has acquired DAP Inc.'s Durabond family of flooring installation products, as well as three of the business' related manufacturing and distribution facilities located in Paulsboro, N.J.; Conyers, Ga.; and Orange County, Calif.
U.S. builders started work on more new housing than expected in February as construction of apartments, condominiums and townhouses increased, the U.S. Commerce Department said.
Ege Seramik Sanayi Ve Ticaret A.S., said it earned 529.19 billion Turkish lira or 86.47 Turkish lira a share, for the year ended Dec. 31, 2000, compared with a loss of 3.07 trillion Turkish lira or 502.07 Turkish lira a share, in the same period a year earlier.
Favorable mortgage interest rates have helped boost home builders' assessments of current home sales, as well as their sales expectations for the next six months, according to the National
Association of Home Builders' newly released Housing Market Index (HMI).
Domco Tarkett Inc. has released consolidated financial results that show a mixed sales and earnings performance for the fiscal year ended Dec. 31, 2000.
Congoleum Corp. has reported losses for the fourth quarter and full year ended Dec. 31, 2000. These financial results include non-recurring costs associated with the previously announced termination of the company’s distribution pact with LDBrinkman, and the related startup of a new distributor, Mohawk Industries.
The resiliency of the housing market in a slowing U.S. economy, coupled with a sustained decline in mortgage interest rates, means housing should be stronger this year than earlier believed, according to the National Association of Realtors (NAR).
Surfacine Development Co. LLC has been issued U. S. Patent No. 6,180,584 for composition of matter for its dispensable anti-microbial technology. This is the first patent issued for Surfacine, for use in consumer products, that
provides a residual anti-microbial effect.
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