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.
Washington, DC, May 1, 2006--Construction spending increased 0.9% in March, boosted by robust home building, the Commerce Department said Monday. Outlays for residential construction increased 1.6% in March, the biggest increase since December.
Lancaster, PA, April 27, 2006--Armstrong Holdings, Inc., in the first quarter reported net sales of $876.6 million that were 4% higher than first quarter net sales of $840.7 million in 2005.
Calhoun, GA, April 27, 2006--Mohawk Industries, Inc., today announced first quarter net sales of $1.93 billion compared to $1.49 billion in first quarter 2005, an increase of 29%.
New York, NY, April 25, 2006--The Conference Board Consumer Confidence Index, which had increased in March, improved further in April.
Atlanta, GA, April 25, 2006--Home Depot announced a definitive agreement to acquire Home Decorators Collection, a leader in catalog and online sales of home decor merchandise. Home Decorators Collection will become part of Home Depot Direct, the direct-to
New York, NY, April 24, 2006--Martha Stewart Living Omnimedia, Inc. announced a multiyear agreement with Safavieh, a leading manufacturer and importer of fine rugs, to manufacture a new line of Martha Stewart-branded area rugs for the company.
Atlanta, April 24, 2006--Interface, Inc. today announced that it has sold its European fabrics division (Camborne Holdings Limited) for approximately $28 million in cash. Proceeds from the sale will be used to pay down debt or reinvest in the company'
Washington, DC, April 21, 2006--As the nation prepares to celebrate Earth Day, home building finds itself at the brink of a new era with the line between traditional and green building continuing to fade, said the National Association of Home Builders.
London, England, April 21, 2006--Luxury flooring manufacturer Amtico is up for sale with a £100m (US$178.2m) price-tag, according to a report in the Daily Telegraph.
Dalton, GA, April 20, 2006--Mohawk’s 2006 consumer advertising campaign will use print and television to make more than 1.2 billion impressions targeted to floorcovering shoppers across the nation. The campaign will be seen in more than 30 magazines and o