Home Depot in Talks with Chinese Home Improvement
London, England, February 13, 2006--According to a report in the Financial Times, Home Depot Inc., is in talks to buy up to 49 percent of Chinese retail chain Orient Home for more than $200 million.
Today's Flooring News
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US Home Systems and Home Depot Open New Markets
Dallas, TX, February 13, 2006--U.S. Home Systems said it has signed an agreement with Home Depot that will see the company offer kitchen and bathroom refacing products and installation services to the home improvement giant.
Marazzi's IPO Fully Subscribed on Retail Side
Milan, Italy, February 10, 2006-- The initial public offering of Marazzi Group SpA, the Italian ceramic tile maker, is more than fully subscribed on the retail side, a person familiar with the situation said Friday.
Builder Optimism Up for Rental Apartments, Off for
Washington, DC, February 10, 2006--Builder confidence in the multifamily rental market surged in the fourth quarter of 2005, with strong consumer demand becoming evident in all segments.
Cevisama 2006 Kicks Off
Valencia, Spain, February 9, 2006--Spain’s ceramic tile industry is the star of the 2006 Cevisama trade fair in Valencia, February 7-11.
Wholesale Inventories Up 1%
Washington, DC, February 9, 2006--Wholesale inventories increased 1% in December, led by growing stockpiles of autos and drugs, according to the Commerce Department.
Beaulieu Announces Beau-Tech Installer Certificati
Dalton, GA, February 7, 2006--Beaulieu of America today announced the creation of Beau-Tech, its new installer certification program that takes the company’s commitment to providing the best education and training of carpet professionals to a new level.
Congoleum Files New Reorganization Plan
Mercerville, NJ, February 7, 2006--Congoleum Corp. said it has filed a modified plan and disclosure statement with the Bankruptcy Court. Under the terms of the modified plan, Congoleum would make a contribution to the plan trust consisting of 3.8 million
Turk Named Dal-Tile President
Dallas, TX, February 7, 2006--Harold G. Turk has been named president of Dal-Tile Corp, he will replace Chris Wellborn in the post.
Beaulieu's Mission: To Be the Best Carpet Manu
Las Vegas, NV, February 6, 2006-–Years ago, Beaulieu of America set out to become the best carpet manufacturer in the industry. This year's Surfaces revealed the steps it has taken in that direction.