TTI to Acquire Hoover Floor Care Business
Hong Kong, December 7, 2006--Techtronic Industries Co. said it has entered into a purchase agreement to acquire the Hoover floor care business from Whirlpool Corporation.
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.
Retail Container Ports Enter Slow Season
Washington, DC, December 7, 2006--Traffic at the nation’s major retail container ports is slowing down for the winter after hitting its annual peak.
Home Depot Backdated Options
Atlanta, GA, December 6, 2006--Home Depot Inc. said late Wednesday that it "routinely" backdated stock options.
Foamex Names Markert Interim CFO
Linwood, PA, December 6, 2006--Foamex International has named Stephen E. Markert, Jr. interim chief financial officer, effective immediately.
Mortgage Rates Fall, Applications Rise
Washington, DC, December 6, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 1.
ADP: Jobs Creation Up 158,000
Washington, DC, December 6, 2006--Private employers created 158,000 net new jobs in November, according to the ADP employment index released Wednesday.
Wools of New Zealand Hires Parsons
Atlanta, GA, December 6, 2006—Wools of New Zealand has appointed Steven Parsons international product development manager.
World Market Center Team Earns CEM Designation
Las Vegas, NV, December 11, 2006--Nith Sisombath, operations manager, Pedro Garcia, exhibits manager, and Jessica Ranftl, operations manager, have all received their Certified Exposition Manager (CEM) designations.
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.
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.