Former Home Depot Employee Found Not Guilty
Atlanta, GA, Aug. 25, 2010--Former Home Depot employee Ian Jay Evans, accused in a flooring kickback scheme, was found not guilty of a federal offense, according to the Atlanta Journal-Constitution.
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.
CBO Says Stimulus Drove Growth in Q2
Washington, DC, Aug. 25, 2010--The Congressional Budget Office said the federal stimulus plan boosted the economy in the second quarter by as much as 4.5%.
Orders for Durable Goods Soften in July
Washington, DC, Aug. 25, 2010--Overall orders for big-ticket manufactured goods increased 0.3% in July, the Commerce Department said Wednesday.
CFI Convention Gets Boost in Attendance
Kansas City, MO, Aug. 25, 2010--Attendance at the Certified Floorcovering Installers annual convention was 179, an increase of almost 30% over last year.
Home Resales Fall Again in July
Washington, DC, Aug. 24, 2010--Home resales dropped 27.2% in July largely because of the expiration of a federal tax credit, according to the National Association of Realtors.
Healthier Choice Acquires Stainable Molding Firm
Dalton, GA, Aug. 24, 2010--Cushion and acoustical underlayment maker Healthier Choice Flooring said it has acquired Flexitions LLC, a manufacturer of stainable flexible transition molding.
Ravago Gets 100% Post-Consumer Certification
Manchester, TN, Aug. 23, 2010--Ravago Manufacturing Americas has had its Enviramid nylon feedstocks certified by UL Environment as containing 100% post-consumer recycled content.
Daltile in Eighth Season of Extreme Makeover
Dallas, TX, Aug. 24, 2010--Daltile has signed on for its eighth consecutive season as tile provider to ABC’s hit show “Extreme Makeover: Home Edition.”
Chain Store Sales Up Over Last Year
New York, NY, Aug. 24, 2010--Chain-store sales for the week of Aug. 21 increased 2.3% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
German Analyst Issues 'Sell' on Pfleiderer Stock
Neumarkt, Germany, Aug. 24, 2010--Pfleiderer AG, the German maker of laminate flooring and parent company of Pergo, was downgraded by equity analyst Heino Hammann.