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.
Wilmington, Del,, January 17--Opening a new source of credit to flooring-buying homeowners, Chase bank and Reader's Digest announced the launch of a home-improvement credit card with rewards for sizeable remodeling purchases.
Washington, D.C., Jan. 17--According to the Federal Reserve, U.S. industrial production rose 0.6 percent in December, the third consecutive month posting a gain, and production capacity rose to 80.7 percent.
Toronto, Ontario, January 17, 2006--Conforce International, Inc., developers of EKO-FLOR, announced the signing of an exclusive supply agreement with Royal Group Technologies Ltd.
The rising costs of energy, transportation and labor will likely continue in 2006, according to a ceramics industry trade publication.
Slamabad, Pakistan, January 16--Pakistan hopes to secure some $3.39 million in orders in 2005-2006, according to the chairman of the Pakistan Carpet Manufacturers and Exporters Association.
Cambridge, MA, January 14--Home improvement spending by homeowners edged up in 2005, ending the year growing 4.3% over the 2004 levels, according to the Remodeling Activity Indicator (RAI) devised by Harvard’s Joint Center for Housing Studies.
New York, January 15, 2006--Pier 1 Imports Inc., may become a buyout target because its share price has fallen 50 percent in ten months, according to the business weekly, Barron's.
Wellington, New Zealand, January 13, 2006--Australian carpet maker Godfrey Hirst said its move to increase its stake in New Zealand's Feltex Carpets Ltd., doesn't signal a fresh takeover bid, according to the Business Herald.
Alexandria, VA, January 13, 2006--Color guru Leatrice Eiseman, award-winning interior designer Clodagh, and acclaimed community planner and environmental architect Elizabeth Plater-Zyberk are among the renowned experts headlining more than a dozen archite
Washington, DC, January 13, 2006--Retail sales rose a seasonally adjusted 0.7% in December as auto and gasoline sales strengthened, according to a Commerce Department report.