Chandra Rugs Expands at AmericasMart
Atlanta, GA, December 14, 2006--Chandra Rugs has expanded its AmericasMart showroom, more than doubling the space to 2,500 square feet.
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.
FOMC Holds Rates Steady
Washington, DC, December 12, 2006--The Federal Reserve held overnight interest rates steady at 5.25% on Tuesday and held open the door to further rate increases if inflation doesn't come down.
China Imposes Anti-Dumping Duties on Wear Resistan
Beijing, China, December 12, 2006--Chinese importers of wear resistant overlay will have to pay anti-dumping duties as of Wednesday to offset damages caused by overlay producers in the United States and the European Union.
Report: Search Marketing Transforming Business
San Francisco, CA, December 12, 2006--Search marketing has evolved from a tactical exercise focused on finding search engine keywords to the center of the marketing universe, according a newly released white paper by Fathom Online.
Payroll Growth Up 132,000, Unemployment Up to 4.5%
Washington, DC, December 8, 2006--Hiring continued at a steady, strong pace in November, easing worries that the economy is weakening.
Laticrete Launches Expansion
Bethany CT, December 1, 2006--Laticrete International held a ground-breaking ceremony on November 2, celebrating the completion of a new $20 million plant expansion at its world headquarters in Bethany, Connecticut.
Home Depot Launches Orange Works
Atlanta, GA, November 29, 2006--Home Depot today launched Orange Works, a new innovation and design venture with Arnell Group, that will redefine product development for the world's largest home improvement retailer.
Durable Goods Off 8.3%
Washington, DC, November 28, 2006--Led by falling order for new airplanes, demand for U.S.-made durable goods fell 8.3% in October, erasing September's 8.7% gain, the Commerce Department said Tuesday.
Milliken Meets Top EPP Criteria for New Green Stan
LaGrange, GA, November 27, 2006--All Milliken Floor Covering modular products, including those developed specifically for residential and hospitality markets, are certified to the new pre-eminent green carpet standard Sustainable Carpet Assessment Draft
Foamex Receives Court Approval of Disclosure State
Linwood, PA, November 27, 2006--Foamex said today that it received bankruptcy court approval for the company’s plan funding commitments and its disclosure statement describing the company's second amended plan of reorganization.