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, December 19, 2006--Construction of new homes rebounded in November, rising 6.7% to a seasonally adjusted annual rate of 1.588 million, after a 14% drop in October, according to a Commerce Department report.
Woodland Hills, CA, December 20, 2006--The floor covering industry mourns the loss of journalist and publisher Howard Olansky who died yesterday in Los Angeles after a brief illness. He was 78.
Washington, DC, December 18, 2006--Heading into the holidays, builders of new single-family homes continue to believe that the worst of the downswing in home buying is behind them, according to the National Association of Home Builders/Wells Fargo Housing
Trelleborg, Sweden, December 18, 2006--Pergo AB said it has entered into a supply agreement with Sam’s Club Mexico, making Pergo the sole supplier of laminate flooring and accessories. The agreement represents a significant expansion of Pergo’s and Sam’s
Atlanta, GA, December 18, 2006--Relational Investors, LLC, an investment firm, intends to submit a proposal at the next annual meeting of Home Depot shareholders.
St. Louis, MO, December 15, 2006--As part of a national growth strategy to enter the top U.S. home improvement markets, ProSource Wholesale Floorcoverings said it will launch a new, design-centered format showroom for metropolitan markets.
Augusta, GA, December 12, 2006--Augusta's long-dormant Evergreen Nylon Recycling plant will be restarted early next year, creating up to 100 jobs and keeping nearly 70 million pounds of waste carpet out of regional landfills.
Dalton, GA, December 12, 2006--J&J Industries has said that Jim Jolly will step down as chief executive officer, effective December 11, 2006. Jolly, 65, whose father co-founded J&J, has been with the company for 40 years and has held the offices of chairm
Dalton, GA, December 12, 2006--Tandus Group, in the third quarter reported adjusted EBITDA that increased to $12.6 million from $6.8 million for the same period of last year.
London, England, December 11, 2006--The Financial Times has reported that Home Depot is preparing to spend $100 million on a majority stake in Chinese chain HomeWay in a deal that will be unveiled in China this week.