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.
Boca Raton, FL, November 18, 2005--According to Catalina Research, U.S. sales of wood flooring are forecast to increase at a 5.7% compound annual rate through 2010 to 1.5 billion square feet. This reflects some slowing from the 2002 to 2005 housing boom.
Washington, DC, November 17, 2005--First-time filings for unemployment benefits dropped in the week ending Nov. 12 by 25,000 to 303,000, reaching their lowest level since April, according to the Labor Department.
Atlanta, GA, November 17, 2005--Nycore, Inc.’s, NyBacker tile backerboard, a building product produced by Nycore from recycled carpet, has received the BuildingGreen Top-10 award.
Washington, DC, November 17, 2005 - Responding to sharply lower measures of consumer confidence as well as rising mortgage rates and other factors in recent months, single-family home builders are adjusting their market expectations downward to a still fa
San Francisco, CA, November 17, 2005--Home-goods retailer Williams-Sonoma Inc. reported third quarter earnings that rose 30% to $37.1 million, or $0.31 a share, from $28.5 million, or $0.24, in the year-earlier period.
Mooresville, NC, November 17, 2005--Lowe's has named Matthew V. Hollifield senior vice president and chief accounting officer, replacing Ken Black, who announced his plans to leave the company to pursue other career opportunities.
Washington, DC, November 17, 2005--Industrial production rose in October as output from factories, mines and utilities rose 0.9 percent, the fastest increase since May 2004, according to the Federal Reserve.
Washington, DC, November 17, 2005--ASID industry partners are enthusiastically supporting the newly revitalized ASID Foundation, Inc., by donating luxury items for the first annual auction fundraiser.
Frankenthal, Germany, November 17, 2005--According to Frankfurter Allgemeine Zeitung, Tarkett, the German manufacturer of flooring, is planning to cut 43 of the 180 jobs at its site in Konz, Germany.
Dalton, GA, November 17, 2005--Edge Flooring LLC has announced the completion of a transaction with an affiliate of Hunt Special Situations Group, a middle market private equity group.