Iran Loses Major Share of Carpet Market
Tehran, Iran, May 15, 2006--According to Tehran Times, lack of quality and production control has cost Iran an eighty percent loss in Afghanistan's carpet market, said a textile industry official.
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.
Interface Rallies on Upgrade
New York, NY, May 15, 2006--Interface Inc., shares rallied on Monday, after brokerage Raymond James upgraded its rating on the company, calling a recent sell-off of its shares unjustified.
May Empire State Index Slips
Washington, DC, May 15, 2006--Manufacturing activity in the New York area expanded at a slower pace in May, the New York Federal Reserve Bank said Monday.
New SBIC Officers Lead Formative Strategy Planning
Washington, DC, May 15, 2006--The Sustainable Buildings Industry Council (SBIC) has announced the election of its new executive committee.
Great Floors Opens New Washington Location
Spokane, WA, May 15, 2006--There were no red carpets rolled out for the opening of the new Great Floors building in Spokane Valley, according to the Spokane Spokesman-Review.
Metro Home Prices Begin to Cool but Appreciation R
Washington, DC, May 15, 2006--The growth in single-family home prices continued to cool in the first quarter, but many metropolitan areas are still showing double-digit annual gains, according to the latest survey by National Association of Realtors.
Dixie Cranks Up New Plant
Eton, GA, May 15, 2005--According to a the Chattanooga Times, the problem Dan Frierson had a year ago was one any CEO would envy--his carpet company, The Dixie Group, had too much business.
SPI Floors to Open Distribution Center in Henderso
Henderson, SC, May 15, 2006--A subsidiary of the nation's largest wholesaler of flooring products has chosen Henderson, N.C., for its newest distribution center.
Consumer Sentiment Off in May
Washington, DC, May 12, 2006--Consumer sentiment dropped in May on rising gasoline prices and a softening labor market, according to media reports Friday of proprietary research.
Small-Business Health Plan Bill Blocked
Washington, DC, May 12, 2006--The controversial Health Insurance Marketplace Modernization and Affordability Act of 2006 failed to muster enough votes in a Senatorial procedural step, provoking criticism from Todd Stottlemyer, president and CEO of the Nat