Steelcase 3Q Earnings Beat Estimates
Grand Rapids, MI, December 18, 2006--Steelcase Inc. said its fiscal third-quarter earnings more than doubled, due mostly to gains in international markets.
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.
San Jose to require LEED Silver for New Facilities
San Jose, CA, December 18, 2006--At a November 21st hearing, the San Jose City Council voted unanimously to require the U.S. Green Building Council's Leadership in Energy & Environmental Design (LEED) Silver standard for new city facilities.
Industrial Production Up 0.2%
Washington, DC, December 15, 2006--Industrial production rose by an overall 0.2% in November, as the auto sector showed signs of life after sharp declines in the past two months, the Federal Reserve said Friday.
Kaleen CEO to Head Rathi Family Holding
Dalton, GA, December 15, 2006--The president and CEO of rug producer and importer Kaleen, Radhe Rathi has been named president and CEO of Rathi Family Holdings which include The Manmohan Group, Mauldur Fabrics, Kaleen Worldwide, and Rathi Holdings.
Import Prices Up 0.2%
Washington, DC, December 14, 2006--The prices of goods imported into the U.S. rose 0.2% in November, as prices for imported petroleum fell but prices for imported natural gas skyrocketed.
Weekly Jobless Claims Off
Washington, DC, December 14, 2006--The number of Americans filing for first-time state unemployment benefits fell to its lowest level since mid-October, indicating a somewhat tighter labor market, the Labor Department reported Thursday.
Growth Continues In Commercial Real Estate
Washington, DC, December 14, 2006--The commercial real estate markets are continuing to grow with record investment, and individual sectors in many areas are seeing tighter vacancy rates and higher rents, according to the latest Commercial Real Estate Out
Area Rug Veterans Featured in AmericasMart Program
Atlanta, GA, December 14, 2006--Mera Consulting Group, founded and led by area rug industry veterans Steve Boodakian and Sy Mahfuz. bring to AmericasMart and the January 2007 Atlanta International Area Rug Market exclusively an information-packed and affo
Business Inventories Up
Washington, DC, December 13, 2006--Business inventories rose in October to their highest level in relation to sales in more than two and a half years, the Commerce Department reported Wednesday.
AstroTurf Relaunches its Brand
Rochester, MI, December 13, 2006--AstroTurf has relaunching the AstroTurf brand at an event in New York City, celebrating the brand’s 40-plus-year history, what it called a legacy of innovation, and its return as a leader in the industry it pioneered.