Lear May Sell North American Interiors Business
Southfield, MI, April 12, 2006--Lear Corp., said it would consider an outright sale of its struggling North American interiors business, and offered details of its 2006 outlook and restructuring plans.
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.
StonePeak Ceramics Marks Startup Milestones
Chicago, IL. April 11, 2006--A little more than a year into operation, StonePeak Ceramics, Inc., an American tile company that manufactures and markets high-quality porcelain ceramic tile for residential and commercial use, is marking its first birthday w
Forbo Announces Performance-Related CEO Compensati
Eglisau, Switzerland, April 11, 2006 – The Board of Directors of Forbo Holding AG and CEO This E. Schneider have defined a salary model in an employment contract based on a full assumption of business risk by the CEO.
NAR: 10.9% Drop in New Home Sales in 06
Washington, D.C., April 11, 2006--New home sales may fall by nearly 11 percent in 2006, and existing-home sales are projected to drop 6.0 percent to 6.65 million this year from a record 7.08 million in 2005, according to the National Association of Realto
Trends & Highlights from Coverings 2006
Orlando, FL, April 10, 2006--Form followed fashion at Coverings 2006, where the on-going global cultural convergence of art, and design continued to set the trends in ceramic tile and stone. The hottest looks on the expo floor came straight from the popul
Armstrong to Launch Two Collections at NeoCon
Lancaster, PA, April 10, 2006--Armstrong Commercial Flooring premiers two new collections of unique and distinctive ceramic and hardwood visuals to its award-winning Natural Creations Luxury Vinyl Tile line at NeoCon.
211,000 Jobs Created, Jobless Rate Drops
Washington, DC, April 7, 2006--Payrolls rose by a better-than-expected 211,000 in March while the jobless rate fell back to 4.7% from 4.8%, according to the Labor Department.
Survey: Small-Business Owners View Illegal Immigra
Washington, DC, April 6, 2006--Released today, the results of the National Federation of Independent Business Research Foundation Member Survey on Immigration found that small-business owners see illegal immigration as a serious problem.
Coverings Announces Spectrum Award Winners
Orlando, FL, April 6, 2006--Winners come and go from Charlotte Arena. But a permanent champ is the building’s tile mural, and it earned the Grand Prize in the prestigious Spectrum Awards honoring outstanding use of ceramic tile.
Mortgage Rate Average Rises .08%
Washington, DC, April 6, 2006--The benchmark 30-year fixed rate mortgage average rose in the week ending Thursday, to 6.43% from 6.35%, said Freddie Mac.