Godfrey Hirst Awaits Merger Talks as Feltex Trims
Victoria, Australia, July 29--Carpet-maker Godfrey Hirst, which took a 5.8 per cent stake in Feltex last month and requested merger talks, says such talks are yet to get off the ground.
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.
USGBC Leadership Awards Nominations Open
Washington, DC, July 29--The prestigious USGBC Leadership Awards honors outstanding individuals and organizations that are advancing green building.
Consumer Sentiment Inches Up in July
Ann Arbor, MI, July 29--Consumer sentiment rose in late July, according to the University of Michigan.
2Q Employment Costs Show Moderate Increase
Washington, DC, July 29--The Labor Department reported that employment costs continued to gain moderately in the second quarter, at a 0.7 percent annual rate that matched the first quarter's pace.
2Q GDP Expands 3.4%
Washington, DC, July 29—-GDP rose at an annual rate of 3.4% in the second quarter, according to the Commerce Department. In the first quarter, real GDP increased 3.8%.
Tile of Spain Awards of Architecture Seeking Entri
Miami, FL, July 29-- The Spanish Ceramic Tile Association (ASCER) is pleased announce the call for entries in the 4th Tile of Spain Awards of Architecture and Interior Design.
House Passes CAFTA
Washington, DC, July 28--The House narrowly approved a controversial trade agreement with Central America early Thursday, handing President Bush a hard-fought trade victory.
Floor and Decor Outlets of America Completes Finan
Atlanta, GA, July 28--Floor and Decor Outlets of America announced the closing of an equity financing that will support the company's continued expansion.
Report: ProSource Adds 13 New Franchises
St. Louis, MO, July 28—-According to Martin Van Der Werf, a columnist at the St. Louis Post-Dispatch, ProSource Wholesale Floorcoverings, a unit of CCA Global Partners, announced 13 new franchise agreements.
Nebraska Furniture to Expand its Kansas City Locat
Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.