Fire Destroys Dalton Facility Kills One
Dalton, GA, January 8, 2007--A fire at Columbia Recycling’s facility early Saturday morning killed one and injured two.
Today's Flooring News
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Classen and Unilin Resolve Patent Disputes
Kaisersesch, Germany January 5, 2007--The Classen Group and the Unilin Group have reached an agreement to settle all patent disputes between the two companies in the field of the glueless locking technology for flooring panels.
Pending Home Sales Off 0.5% in November
Washington, DC, January 4, 2007--The National Association of Realtors reported that it’s pending home sales index dipped 0.5% in November, to 107.0 November from 107.5 in October. It was the third straight decline.
Retailers Post Mixed Growth in December
New York, NY, January 4, 2007--The nation’s retailers disclosed mixed same-store-sales growth in December, with lackluster results being reported by Wal-Mart. The Thomson Financial Same Store Sales Index estimate was a 3% gain in overall same-store sales
Report: Office Market Poised for Growth in 2007
New York, NY, January 3, 2007--According to the 2007 Global Real Estate Forecast from real estate company Grubb & Ellis Co, a healthy economy will fuel growth in the U.S. office market in 2007.
Nardelli Resigns, Blake Succeeds
Atlanta, GA, January 3, 2007--Home Depot's board of directors and Bob Nardelli said today that they have mutually agreed that Nardelli would leave his position as Home Depot's chairman, president & CEO and as a director effective January 2, 2007.
Pergo Receives Settlement in Witex Dispute
Trelleborg, Sweden, January 2, 2007--Pergo AB, said it has successfully settled the arbitration case initiated by the bankrupt estate of Witex AG against Pergo Holding BV in June 2004.
Solutia Unveils Updated Bankruptcy Plan
St. Louis, MO, December 29, 2006--Solutia on Thursday revealed an updated reorganization plan that includes a better deal for the bondholders: Their $455.4 million claim shifts from the general pool of unsecured debt to a special category entitling them t
Consumer Confidence Index Improves in December
New York, NY, December 28, 2006--The Conference Board Consumer Confidence Index, which was virtually unchanged in November, improved in December.
Existing Home Sales Up 0.6%
Washington, DC, December 28, 2006--Sales of existing homes rose 0.6% in November, to a seasonally adjusted annual rate of 6.28 million, the National Association of Realtors said Thursday. Inventories of unsold homes fell 1%, to 3.82 million, representing