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St. Louis—Solutia announced it has completed the $50 million sale of its nylon business to an affiliate of SK Capital Partners II. The sale includes all five of its manufacturing plants in... more
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By Steven Feldman HICKSVILLE, N.Y.—A coalition representing the home furnishings and residential building products industries is pushing for legislation that would provide tax incentives for consumers and businesses for... more
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LG Hausys Floors, a division of LG Hausys America, Inc., in conjunction with its Midwestern sales organization, E.J. Welch Company, hosted a highly successful hospitality event the first two days of NeoCon 2009. A buffet-style luncheon was offered to members of... more
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2008 flooring industry statistical information for floor covering sales by category, market share, soft and hard surface sales, total volume by category... more
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Comprehensive housing statistics from 2005-2008 of the value of residential and nonresidential construction in the U.S... more
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By Louis Iannaco While carpet recycling may have “decreased slightly” in 2008 from 2007, according to Frank Hurd, chairman of the Carpet America Recovery Effort (CARE), the industry “should be proud of what [it] accomplished. In spite of the economic environment, CARE members continued to... more
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The statistics presented in this study were derived from an extensive research project undertaken by Floor Covering News... more
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MARIETTA, GA, June 24, 2009— Creative Accents Area Rugs, California City, CA, has become a partner with Wools of New Zealand. A high-end, custom manufacturer, Creative Accents will carry the Wools of New Zealand Brand on four collections of rugs, including... more
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By Steven Feldman Rite Rug has been a vital part of the Columbus, Ohio, community for 75 years —not just for selling flooring to the residents of the city and neighboring suburbs, but also as a major donor to an array of... more
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By Louis Iannaco After escaping what had made life in the residential sector so rocky for the first two-thirds of 2008, the commercial market was finally hit by the faltering economy, making business for the year what can be best described as... more
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