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.
Washington, DC, August 24, 2007—New home sales rose 2.8% in July to a seasonally adjusted annual rate of 870,000 as the inventory of homes for sale dropped for a fourth straight month, according to a Commerce Department report.
Washington, DC, August 24, 2007--Durable goods rose 5.9% in July, after a revised 1.9% gain in June, according to the Commerce Department.
New York, NY, August 24, 2007--Home Depot is close to accepting about $1.2 billion less for the sale of its wholesale distribution business to three private equity firms.
Atlanta, GA, August 24, 2007—Gerflor said its vinyl flooring is a favorable option to so-called natural floor coverings in terms of its environmental impact during manufacturing.
Atlanta, GA, August 24, 2007--Amtico International has introduced Spacia, a lower priced resilient flooring.
LaGrange, GA, August 24, 2007--Milliken & Company launched an energy conservation initiative today.
Salem, NJ, August 22, 2007 – Mannington Mills’ Salem, New Jersey, manufacturing facility recently celebrated one year without a time-losing injury.
Washington, DC, August 22, 2007--The Architecture Billings Index (ABI) in July reached the second highest mark since the survey’s inception in 1995.
Washington, DC, August 23, 2007--New claims for jobless aid fell 2,000 to 322,000 for the week ended August 18 from an upwardly revised 324,000 the prior week, according to a report from the Labor Department.
New York, NY, August 23, 2007--A private equity-led buyout of Home Depot's wholesale supply division, due to close on Thursday, could be in trouble because investment banks involved are reluctant to fund the transaction.