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, March 13, 2006—According to the Mortgage Bankers Association forecast, incoming economic data over the past few weeks indicate a strong first-quarter rebound in GDP growth from the revised 1.6 percent annual rate of the fourth quarter.
Thomasville, North Carolina, March 9, 2006--One of QuickStep’s key distributors, Herregan Distributors, Inc., headquartered in Eagan, MN, has more than doubled its territory in recent months.
Manchester, NH, March 13, 2006--Flooring America and Flooring Canada presented their annual member awards for outstanding performance over the past year at their 2006 Winter Convention at the Hilton Hotel and Convention Center in Anaheim, CA, on March 11.
Toronto, Ontario, March 13, 2006--Sears Canada, the target of a privatization bid by its U.S. parent company, is eliminating about 190 jobs at distribution centers in two Ontario communities.
Washington, DC, March 13, 2006--A lower level of home sales expected this year will create a more level playing field for buyers and sellers on the heels of a five-year sellers’ market.
Ditzingen, Germany, March 13, 2006--German floor coatings supplier Loba GmbH says it anticipates a 15 to 20 per cent increase in sales throughout the Middle East as an increase in upscale real estate developments drive demand for hi-technology products.
Chicago, IL, March 10, 2006--Maytag Corp.'s Hoover brand is introducing new products that provide consumers with the ability to vacuum and clean all types of floors at the 2006 International Home and Housewares Show, March 12-14.
Continuing this year's list of AIA award winners: Tower House, Chicago Frederick Phillips and Associates, Chicago
Salem, NJ, March 10, 2006--Two Mannington Mills Inc., employees and a third person were arrested this week and charged with theft and conspiracy to commit theft after allegedly taking almost $20,000 from the flooring company, officials said.
Kosice/Presov, East Slovakia, March 10, 2006--Sales of the only Slovak producer of laminated floorboards, Kronospan SK, rose by nearly one-third on the year to Sk4.35bn (US$ 137.9 million) last year.