Mercier Wood Adds Herregan to Distributors
Montmagny, Quebec, July 24, 2006--Mercier Wood Flooring Inc., announced the addition of Herregan Distributors Inc., to its US distribution network.
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.
Report: Two Vying for Feltex
Wellington, New Zealand, July 24, 2006--The New Zealand Herald reported that two bidders are vying to put carpet-maker Feltex back on a sound financial footing. The newspaper attributed industry sources.
Mannington Debuts Castle Rock Handscraped Hardwood
Salem, NJ, July 20, 2006--This summer, Mannington Mills expands on the popularity of handscraped hardwood floors with the introduction of the Castle Rock collection.
OSHA Cites Oriental Weavers
Dalton, GA, July 19, 2006--The Department of Labor's Occupational Safety and Health Administration (OSHA) has cited Oriental Weavers of America following a fatal accident at the company's Dalton, Ga., manufacturing plant.
CCA to Hold First-Ever Global Summit
Manchester, NH, July 19, 2006--CCA Global Partners will hold its first-ever Global Summit with business owners and executives from all of its 14 divisions this August in Denver, Colorado.
Housing Starts Off 5.3% in June
Washington, DC, July 19, 2006—Housing starts were off 5.3% in June to a seasonally adjusted annual rate of 1.85 million, according to the Commerce Department. Economists were anticipating June starts to come in at a 1.89 million pace.
PPI Up 0.5%
Washington, DC, July 18, 2006--Producer prices rose by a larger-than-expected 0.5% in June, but core inflation increased 0.2% as expected, the Labor Department reported Tuesday.
CEO Confidence Off in 2Q
New York, NY, July 13, 2006--The Chief Executives' Confidence Measure, which had edged up to 57 in the first quarter of 2006, declined to 50 in the second quarter, The Conference Board reports in its latest survey of CEOs.
H.B. Fuller Approves 2-for-1 Stock Split
St. Paul, MN, July 13, 2006--H.B. Fuller said Thursday that its board approved a two-for-one stock split and declared a quarterly cash dividend of 12.5 cents.
Sears Vice Chairman Lacy to Step Down
Hoffman Estates, IL, July 11, 2006--Sears said that Alan Lacy will step down as vice chairman, effective July 29, and also resign from the boards of Sears Holdings and Sears Canada at that time.