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.
Washington, DC, January 6--Apartment and condo builders are optimistic that the multifamily housing market will continue to strengthen over the next six months, according to the latest Multifamily Market Index.
Washington, DC, January 6--Businesses facing asbestos claims are chafing at the latest draft bill aimed at limiting their liability, even as President George W. Bush on Wednesday increased pressure on parties to broker a deal.
Kilmarnock, Scotland, January 6—-Stoddard International went into receivership on Thursday after failing to secure a last-ditch financial lifeline from its bankers according to business.scotsman.com.
Plano, TX, January 5--J.C. Penney Co. has named Ken Hicks president and chief merchandising officer, the retailer said Tuesday.
Washington, January 5--At the Fed's Dec. 14 meeting, policymakers boosted the federal funds rate by one-quarter percentage point, marking the fifth increase in this key rate in 2004.
Morris Township, NJ, January 5—-Honeywell announced that it will donate $1 million to assist with relief efforts for areas damaged by the recent tsunamis in Asia.
New York, January 5--James Zimmerman, former chairman and chief executive of Federated Department Stores, was indicted for perjury on Tuesday by New York Attorney General Eliot Spitzer.
Lakeland, FL, January 5-- A new home is in the works for Boone Distributors. The flooring distributor and wholesaler has hired Lakeland's Folsom Construction to build its 4,300-square-foot offices.
Sausalito, CA, Jan. 5--Design Center Solutions has formed a new company, The Bridgeway Media Group. Builder process and non-design center products will now be offered under the Bridgeway Builder Solutions subsidiary.
Seattle, WA, January 5--Environmental Home Center (EHC), the nation's first sustainable building supplier, announced that its showroom is now open to the public.