October Existing Home Sales Off 2.7%
Washington, DC, November 28, 2005--Sales of existing homes eased in October with a moderate decline in both single-family and condo sales, according to the National Association of Realtors.
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.
Pergo Settles Lawsuit and Neuhofer Withdraws Moldi
Stockholm, Sweden, November 25, 2005--Neuhofer Holz GmbH, one of Europe's largest manufacturers of molding products, withdraws product from the U.S. market in the face of Pergo patent infringement suit.
Tarkett and Sonae Form Joint Venture
Maia, Portugal, November 21, 2005--Sonae Indústria - SGPS, SA has concluded a joint-venture agreement with Tarkett AG to produce and sell laminate floorings in Western Europe, Africa, Asia and Oceania.
WFCA to Develop New Web-Based Consumer Info Busine
Anaheim, CA – November 18, 2005 The World Floor Covering Association (WFCA) announced today it will partner with Bridgeway Media Group to launch a new business venture to offer floor covering retailers products and services to better market to consumers.
Pergo Speaks Out on Faus Patent Infringement Case
Stockholm, Sweden, November 18, 2005--Pergo this morning issued a statement saying that its strategy to protect and defend Pergo's technology and know-how has, as earlier communicated, resulted in its initiating several legal cases against the Faus Gr
Unilin Files New Lawsuit against Roysol in France
Wielsbeke, Belgium, November 18, 2005 – On November 16, 2005 Unilin issued proceedings against French company Roysol for infringement of Unilin’s patent EP 1 024 234. These proceedings were brought before the ‘Tribunal de Grande Instance’ in Paris, Franc
New Interface Backing Decreases Petroleum Dependen
LaGrange, GA, November 17, 2005--In 1994 Ray Anderson, founder and chairman of Interface, Inc., challenged the company to embark on a whole-systems approach to improving processes and products.
Housing Starts Drop 5.6%
Washington, DC, November 17, 2005—Housing starts fell 5.6% in October to a seasonally adjusted annual rate of 2.014 million, the Commerce Department said Thursday.
Homebuilder Centex Sees More Normal Growth
Dallas, TX, November 16, 2005--Homebuilder Centex Corp. said it sees the housing market heading to a more "normalized" growth pace after several years of outsized home price increases, yet still issued a profit forecast for 2007 that was above the consens
Tarkett AG Reports Earnings for First 9 Months
Frankenthal, Germany, November 16, 2005--In the first three quarters 2005, Tarkett AG achieved sales amounting to €1205 million ($1.4 billion) as compared to €1091,1 million ($1.3 billion) in the reference period 2004.