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.
Chatsworth, CA, October 19, 2006--Three top officials of the nation's largest flooring installation company were arrested Wednesday on suspicion of committing almost $11 million in insurance fraud, prosecutors said.
Washington, DC, October 19, 2006--The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed more modest growth in September following a surge in the August figures.
Chattanooga, TN, October 16, 2006--Alliance Flooring, Inc. announces its partnership with Big Bob’s Flooring Outlet, a franchise chain of approximately 40 locations throughout the U.S., as one of the first Color Tile Outlet licensees.
Washington, DC, October 18, 2006--Home builders broke ground on more new homes in September. New construction of homes unexpectedly increased 5.9% in September to a seasonally adjusted annual rate of 1.772 million, the Commerce Department estimated.
Lancaster, PA, October 17, 2006--Armstrong World Industries said its shares of common stock are expected to begin "regular way" trading on the New York Stock Exchange (NYSE) tomorrow, October 18.
New York, October 16, 2006--Goldman Sachs cut Home Depot's rating while it upgraded Lowe's. The firm cut Home Depot to neutral from buy, saying it is growing concerned about recent management departures.
Trelleborg, Sweden, October 13, 2006--Pergo today announced revised earnings guidance for the full year 2006 and also provided earnings guidance for full year 2007.
Washington, DC, October 13, 2006--Congoleum says that a rival Chapter 11 plan proposed by insurers isn't feasible due to lack of funding, and asked the court overseeing its bankruptcy case to reinstate its exclusive right to propose a plan and solicit
Atlanta, GA, October 12, 2006--Home Depot announced several changes in its retail organization designed to streamline decision making, enhance in-store execution and further increase the Company's focus on the customer.
Atlanta, GA, October 12, 2006--CCA Global Partners held their 4th Annual FCIF Golf Tournament near Atlanta on Thursday, September 28, 2006. Industry colleagues and leaders gathered for a day full of golf to raise funds for The Floor Covering Industry Fou