4Q Productivity Rises By 2.1%
Washington, DC, March 3--Productivity in the fourth quarter rose at an annual rate of 2.1 percent, according to the federal Labor Department.
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.
Domco To Award Retail Sales Personnel with Extra D
Farnham, Quebec, March 3--Retail sales personnel this year can earn extra dollars when they register for the Domco Reward$ Program, offered in partnership with American Express.
NAHB's National Green Building Conference To M
Washington, DC, March 2--The National Association of Home Builders (NAHB) will build on its commitment to meeting consumer demand for resource efficient, environmentally sensitive and cost-effective new homes at its 2005 National Green Building Conference
Report: Squeeze-Out Plan at Tarkett AG
Frankenthal, Germany, March 2—-Tarkett AG, the German flooring manufacturer, looks likely to be delisted from the German stock exchange according to the Financial Times.
Report: Mannington Doubling Capacity at Alabama Wo
Houston, TX, March 2, 2005—-Research from Industrialinfo.com indicates that Mannington Floors Inc., a business unit of privately-held Mannington Mills Inc.(Salem, N.J.), is increasing its hardwood flooring manufacturing capacity.
Mergers Drive Layoffs Up
New York, NY, March 2--Layoffs jumped 17 percent in February to 108,387, boosted by increased merger and acquisition activity, according to international outplacement firm Challenger Gray & Christmas.
Women Gaining Influence in Home Improvement Market
Las Vegas, March 2--A growing number of women are nailing down their influence in the world of home improvement, accounting for 35.8 percent of the total residential repair and remodeling purchases in 2004, a significant jump from 28.6 percent in 1995.
New Era: Ruling Leaves Armstrong Still 'Paraly
Lancaster, PA, March 2-- Armstrong World Industries, according to the Lancaster New Era, still will have to do business with one hand tied behind its back.
Unilin Hiring for New North Carolina Facility
Thomasville, NC, March 2--Hiring continues at Belgian-based manufacturer Unilin Flooring as the company completes work on expanding its facilities to a total of 1.1 million square feet when complete.
Hovnanian Buys Town & Country Homes, 2nd Acquisiti
Red Bank, NJ, March 2--Hovnanian Enterprises Inc. acquired privately held homebuilder Town & Country Homes Inc. for an undisclosed price in a deal expected to boost 2005 earnings by 5 cents per share.