PPI up 1.9% in September
Washington, DC, October 18, 2005--The producer price index rose 1.9% in September, for its biggest jump in 31 years, according to the Labor Department.
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.
New York Home Textiles Show Changes Dates
White Plains, NY, October 17, 2005--GLM has announced plans to shift the New York Home Textiles Show from its current spring and fall timeframe to a new winter and summer date pattern, beginning in August 2006.
Stone Care of Texas Expands into Commercial Market
San Antonio, TX, October 17, 2005-- John Gormley the founder and owner of Stone Care of Texas Inc. began efforts to grow his business two years ago by expanding into the commercial marketplace.
NRF: Retail Industry Sales Rise 7.0% in September
Washington, DC, October 17, 2005—Although the month of September was burdened with the impact of two hurricanes and much higher gas prices, retail sales continued to rise.
Bedrosians Tile & Store Expands in California
Fresno, CA, October 17, 2005---Bedrosians Tile & Stone acquired a 375,000-square-foot building in Anaheim, California.
CEO Confidence Weakens
New York, NY, October 17, 2005--Chief executives’ confidence fell to its lowest level in four years, The Conference Board reports today in its latest survey of CEOs.
UK’s Flowcrete to Acquire Ivory Industrials
Sandbach, England, October 17, 2005--Flowcrete has signed agreement to acquire Ivory Industrials, South Africa's largest and longest-established resin flooring company.
Feltex and Godfrey Hirst Meet for Merger Talks
Wellington, New Zealand, October 17, 2005--Representatives of Feltex Carpets and its rival and would-be suitor Godfrey Hirst will meet in Melbourne this afternoon to discuss for the first time the specifics of a merger.
iFLOOR.com Outlines Target States for Retail Locat
Bellevue, WA, October 17, 2005—Internet retailer iFloor.com, which revealed last month that it has been expanding its online presence with brick and mortar locations around the country, announced its plans for future expansion.
WL Ross and Lear Form Partnership to Explore Acqui
Southfield MI, October 17, 2005--WL Ross & Co. LLC and Lear Corp. said they have signed a framework agreement providing for a joint venture relationship to explore strategic acquisition opportunities.