Weyerhaeuser Still Looking to Buy Homebuilders
Federal Way, WA, September 25, 2006--Weyerhaeuser says it's interested in buying private, regional homebuilders, despite a string of recent data showing the housing market has entered a sharp downturn.
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.
Horner Flooring Strike Suspended
Dollar Bay, MI, September 25, 2006--The nine day old strike at Horner Flooring in Dollar Bay has apparently ended.
KB Home Up 6% Despite Cancellations
Los Angeles, CA, September 22, 2006--Homebuilder KB Home reported Thursday that revenue increased 6 percent during its fiscal third quarter, but noted that net home orders fell 43 percent during the period, in part due to cancellations.
NAM Criticizes New EPA Standards
Washington, DC, September 22, 2006--The National Association of Manufacturers today criticized the Environmental Protection Agency’s new air quality regulations for imposing significant burdens and great costs on U.S. manufacturers.
Owner of Superstores to Pay $343,000
Newark, NJ, September 22, 2006--The owner of Floor Superstores has agreed to pay $343,000 to settle a lawsuit.
Herman Miller 1Q Earnings Up
Zeeland, MI, September 21, 2006--Herman Miller Inc., reported a 20.3 percent rise in first quarter net income and forecast second quarter results that beat analyst’s estimates.
NAHB Promotes Green Building
Washington, DC, September 20, 2006--The National Association of Home Builders Model Green Home Building Guidelines are allowing more and more builders and remodelers to help their customers embrace green building concepts.
Q.E.P. to Restate Put Warrant Liability
Boca Raton, FL, September 19, 2006--Q.E.P. Co., said it will restate put warrant liability after discussions with the U.S. Securities and Exchange Commission.
Flooring America, Flooring Canada Expand
Manchester, NH, September 19, 2006--Flooring America and Flooring Canada welcomed 10 new members, five new branches, and two new owners during their just-completed summer convention, Aug 15-17 at the Denver Convention Center.
NAR: Young Buyers Influence Real Estate Market
Washington, DC, September 18, 2006--As they begin to enter the housing market, many consumers in their 20s are more likely to buy a home at a younger age than their older brothers and sisters as well as their baby boomer parents.