Tarkett Residential Gets New NA President
Chagrin Falls, OH, July 2008--Tarkett North America has appointed Bill Cralley North America residential president and Guillaume Laverdure as president of Canadian operations and business development.
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.
Signature Fencing and Flooring Buys American Turf
New York, NY, July 25, 2008 -- American Turf and Carpet, a specialist in event turf and carpet to the tent rental and events industry, was acquired by Signature Fencing and Flooring.
Builder Pulte Narrows Second Quarter Loss
Bloomfield Hills, MI, July 24, 2008--Pulte Homes Inc. said Wednesday its second-quarter loss narrowed from a year ago as the home builder booked fewer charges on land and unsold inventory despite a worsening housing market.
AIA Billings Index Still Shows Likely Contraction
Washington, D.C., July 23, 2008 — The Architecture Billings Index, an indicator of future commercial building activity, rebounded almost three points in June, after dropping two points the previous month.
Interface Has Record Second Quarter
Atlanta, GA, July 23, 2008--Interface, Inc. reported net income for the 2008 second quarter of $15.9 million, or $0.26 per diluted share.
Home Resales Fall as Buyers Stay on Sidelines
Washington, DC, July 24, 2008--Existing-home sales fell 2.6 percent to a seasonally adjusted annual rate of 4.86 million units in June from a pace of 4.99 million in May.
Initial Jobless Claims Higher Than Expected
Washington, DC, July 24, 2008--Initial jobless claims rose last week to their highest level in nearly four months, the Labor Department reported Thursday.
House Passes Sweeping Bill for Homeowner Aid
Washington, DC, July 24, 2008--The House of Representatives approved a sweeping bill to aid homeowners and prop up Fannie Mae and Freddie Mac on Wednesday.
NAHB Praises House on Housing Stimulus Bill
Washington, DC, July 23, 2008 - The National Association of Home Builders praised the House for passing a housing stimulus package that is designed to address the turmoil in financial markets and bolster the faltering economy.
Dow Earnings Fall Despite Price Increases
Midland, MI, July 24, 2008--Despite two price increases in the second quarter, sharply higher costs for energy and raw materials contributed to a 27 percent decline in profit for the period for Dow Chemical.