Wholesale Inventories Rise
Washington, DC, December 11, 2006--Inventories at wholesalers rose to their highest level in relation to sales in three years in October, the Commerce Department reported Monday.
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.
Hungarian Flooring Company Sees Earnings Increase
Budapest, Hungary, December 11 2006--Hungarian flooring company Graboplast said it expects to close 2006 with operating profit of almost HUF 2bn, 55pc more than in 2005, according to the Hungarian News Agency.
Brown Awarded AIA Topaz Medallion
Washington, DC, December 11, 2006- FAIA, the 2007 recipient of the Topaz Medallion for Excellence in Architectural Education is named.
ASCR Sets Plan for Growth
Columbia, MD, December 11, 2006--ASCR International, the restoration industry association’s board of directors, has adopted a new strategic plan to further direct the association’s growth.
NAR Concerned Over Commercial Lending Guidance
Washington, DC, December 11, 2006--The National Association of Realtors believes the parameters issued in the guidance of commercial real estate lending are overly prescriptive.
Shaw Positions Anso Brand to Reflect Environmental
Dalton, GA, December 7, 2006--Shaw has added green to the traditionally blue Anso nylon brand logo to reflect the post-consumer recycled carpet content and recyclability of Anso nylon carpet.
Tarkett and Kraus Merge Midwest Operations
Whitehall, PA, December 7, 2006--Tarkett and carpet and fiber manufacturer and flooring distributor Kraus Carpet Mills, have merged their respective sales, customer service, and logistics operations in a joint venture in the U.S. Midwest.
Tandus Consolidates International Manufacturing
Dalton, GA, December 6, 2006--Tandus intends to consolidate its international manufacturing to primary regions in North America and China. This move will involve the closure or sale of its United Kingdom (U.K.) manufacturing operations.
Home Depot Backdated Options
Atlanta, GA, December 6, 2006--Home Depot Inc. said late Wednesday that it "routinely" backdated stock options over a 19-year period and that the company retroactively added employee names or changed the number of options granted without board approval.
Los Angeles Selected to Host Greenbuild 2007
Washington, DC, December 6, 2006--Green Building Council's (USGBC) Greenbuild conference, the largest green building conference and expo in the world, has selected Los Angeles as the location of the 2007 show. Greenbuild will be held at the LA Convent