3Q Employment Costs Up
Washington, DC, October 31, 2006--The cost of keeping an employee on the payroll rose 1% in the third quarter, the biggest increase since 2004.
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.
Family Still in Business After Almost 100 Years
Ottawa, Canada, October 30, 2006--Just before the First World War, Henry Harlow set up his flooring business in Hamilton. Selling walnut hardwood, he placed each floor by hand in the customer's home.
Survey: Rising Rate Worry Homeowners
New York, NY, October 30, 2006--Homeowners with adjustable-rate mortgages worry about rising interest rates, but many believe they will be able to refinance their loans if necessary.
Australian Government to Probe Feltex IR Dispute
Sydney, Australia, October 30, 2006--The Federal Government says it will refer a row over employment agreements in Victoria to the Office of Workplace Services (OWS).
ServiceMaster to Move to Memphis
Downers Grove, IL, October 30, 2006--ServiceMaster Company said the company will consolidate its corporate headquarters into its operations center in Memphis, Tennessee.
October Manufacturing Survey Mixed
Washington, DC, October 27, 2006--The Kansas City Federal Reserve Bank said today that 10th District manufacturing activity in October is sluggish.
ServiceMaster’s Memphis Vote May Be Today
Memphis, TN, October 27, 2006--ServiceMaster Co.'s board of directors will meet today and is widely expected to vote to relocate its world headquarters from Chicago to Memphis.
Home Depot to Offset Carbon Emissions at Atlanta H
Atlanta, GA, October 26, 2006--Home Depot has entered into an agreement with The Conservation Fund to offset all carbon emissions created this year by the Company's Atlanta headquarters.
Furniture Brands 3Q Earnings Off 42%
St Louis, MO, October 26, 2006--Furniture Brands International reported a 42 percent drop in third quarter profit, weighed down by restructuring charges and a challenging retail-sales environment.
Weyerhaeuser 3Q Earnings Off 26%
Federal Way, WA, October 25, 2006--Weyerhaeuser said its third-quarter profit fell 26 percent as the downturn in the housing market drove wood product prices and demand down sharply.