American Biltrite Wins Asbestos Trial
Dallas, TX, Mar. 26--After a month-long trial, a Fort Worth, TX jury returned a defense verdict for American Biltrite, Inc.
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.
3M Expects Acquisitions to Grow Sales up to 25%
St. Paul, MN, Feb. 25--3M Co. expects acquisitions to account for up to 25% of new sales growth.
Construction Spending Off in December
Washington, DC, January 31, 2007--Construction spending dropped 0.4% to $1.18 billion in December, with spending on private residential construction projects falling for the ninth consecutive month, the Commerce Department reported Wednesday.
Pfleiderer Publishes Document on Pergo Offer
Neumarkt, Germany, January 24, 2007--Pfleiderer Sweden AB, 2007 an indirectly wholly owned Swedish subsidiary of Pfleiderer AG, on January 15, made a cash offer to the shareholders in Pergo AB.
Nourison Host Liz Claiborne Party at Atlanta Marke
Atlanta, GA, January 19, 2007--Nourison Corp. celebrated its much-anticipated launch of area rugs and accent rugs under the Liz Claiborne Home brand name by hosting a showroom party on Thursday during market week in Atlanta.
Former Home Depot Exec May Return
Atlanta, GA, January 19, 2007--Fresh on the job with a Florida private-investment firm, Home Depot's former head merchant and marketer played down speculation that he might rejoin the company, world's biggest home-improvement retailer.
December Architecture Billings Highest of the Year
Washington, DC, January 18 2007--Following a six point jump in November, the Architecture Billings Index (ABI) increased even more in December and finished 2006 with its highest score.
Lennar Posts 4Q Loss
Miami, FL, January 17, 2007--Lennar swung to a loss in the fourth quarter as home builders struggled with plunging sales and write-downs on a weaker housing market.
U.S. Laminate and Vinyl Market To Pass $4 Billion
New York, January 12, 2007--Positive U.S. economic trends coupled with easy-to-install options for DIYers have spurred growth in the laminate and vinyl flooring industry, with the market increasing nearly 8% from 2001-2005 and the supply value topping $3
Retail Sales Up 0.9% in December
Washington, DC, January 12, 2007--Retail sales increased 0.9% in December, the best gain in five months, according to the Commerce Department. Auto sales rose 0.3% in December. Excluding car sales, seasonally adjusted retail sales rose 1.0% in December. T