Consumer Prices Flat in November
Washingon, DC, December 15, 2006--Consumer prices were unchanged in November, as lower energy and car prices offset increases in costs for homeownership and medical care, the Labor Department reported Friday.
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.
Lowe's Names Stone President and COO
Mooresville, NC, December 15, 2006--Lowe's has named Larry D. Stone to the post of president and chief operating officer, effective immediately. Stone will continue to report to Chairman and CEO Robert A. Niblock, who served as president since 2003.
Mohawk Expands Florida Distribution Center
Pembroke, FL, December 12, 2006--Mohawk signed a new long-term lease with KTR Capital Partners of New York for a 260,000 square-foot, build-to-suit distribution facility, expanding its already significant presence in the Seneca Industrial Park.
Consumer Sentiment Dips
Ann Arbor, MI, December 8, 2006--Consumer sentiment eroded slightly in December, according to researchers at the University of Michigan on Friday.
Foamex Names Markert Interim CFO
Linwood, PA, December 6, 2006--Foamex International has named Stephen E. Markert, Jr. interim chief financial officer, effective immediately.
Bentley Street Prince Partners With Starnet
City of Industry, CA, December 6, 2006--As part of its commitment to provide customers with holistic service and support, Bentley Prince Street has formed an alliance with StarNet Maintenance Services.
ITW Finalizes Acquisition of Polyrey
Glenview, IL, December 5, 2006--Illinois Tool Works Inc. today acquired all outstanding shares of Polyrey, a leading manufacturer of decorative surfaces such as laminate sheets, boards and engineered components.
Lowe's CFO: Still Retooling Outlook
New York, NY, November 29, 2006--Lowe's continues to work on "retooling" its outlook for 2007 based on the recent sales environment, chief financial officer Robert Hull said Tuesday.
AmericasMart-Atlanta and Afghanistan Embassy Bring
Atlanta, GA, November 29, 2006--Afghan Impressions: Area Rug Artistry & Inspiration-a celebration of Afghanistan's resurgent rug heritage and culture- will make its exclusive U.S. debut at AmericasMart-Atlanta.
3Q GDP Revised Up to 2.2%
Washington, DC, November 29, 2006--The economy grew at a 2.2% annual pace in the third quarter, faster than the 1.6% initially estimated.