13th Tehran Carpet Grand Exhibition Kicks-Off in T
Tehran, Iran, August 25—The 13th Tehran Carpet Grand Exhibition focuses on the export and foreign sales aspects of Iranian carpet.
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.
Durable Goods Orders Up 1.7% in July
Washington, August 24--Demand for durable goods strengthened last month, underpinned by a surge in orders for non-defense aircraft and higher capital spending.
Hanley-Wood’s World of Concrete Mexico Draws Crowd
Mexico City, August 24--Hanley-Wood said its first World of Concrete Mexico, which was held earlier this month drew more than 5,700 attendees and about 200 exhibitors.
New Mexico Tile Retailer Had Humble Beginnings
Las Cruces, NM, August 23--The story of Casa Mexicana Tile begins in the fields. A native of Mexico, Isidro Peña was five when he began as a laborer in the agricultural world. Sixty-two years later he celebrates his 25th year as a businessman in his adopt
New Zealand Carpetmaker Cavalier Tops Profit for 3
Auckland, New Zealand, August 23--Cavalier Corporation has topped its forecasts with a 15 per cent jump in profit to $21 million for the June year, according to Stuff.co.nz.
Unilin Changes Name
Thomasville, NC, August 23-- Unilin Decor NC LLC, based in Thomasville, has changed its name to Unilin Flooring NC LLC, to align with its parent company in Belgium, which changed its name to Unilin Flooring last year.
Kmart Finalizes Home Depot Transaction
Troy, MI, August 23—Kmart said it finalized a deal to sell 18 of its stores to Home Depot Inc.for $271 million.
Wall St.'s Nest Egg - The Housing Sector
New York, August 23-- If there were any doubts that we're still living in the era of the stay-at-home economy, the rows of empty seats at the Athens Olympics should help erase them.
Forbo Rated Neutral
London, England, August 23-- Analysts at Pictet issue a "neutral" rating on Forbo. The target price is set to CHF250.
Job Cuts Likely With Kmart's Sale to Home Depo
Troy, MI, August 23--Kmart Holding Corp.'s sale of 13 stores to The Home Depot Inc. could cost up to 1,200 Kmart employees their jobs in coming months.