Pergo’s Board Proposes Performance Related Option
Trelleborg, Sweden, March 16--The Board of Directors of Pergo has passed a resolution to propose a performance related personnel option plan.
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.
Housing Starts Up 0.5% in February
Washington, DC, March 16—-Housing starts in February hit a 21-year high, increasing 0.5 percent to a level of 2.195 million homes at an annual pace, according to the Commerce Department.
Milliken Withdraws from Surfaces 2006
LaGrange, GA, March 15--Milliken Residential Carpet announced it will not be attending Surfaces in 2006.
DFS Flooring Acquires Southern California Invironm
Van Nuys, CA, March 15--DFS Flooring, a Southern California flooring and maintenance company, acquired the Van Nuys and San Diego locations and the maintenance business in Fullerton of The Invironmentalists.
Dystar to Build Dye Production Base in China
Nanjing, China, March 15--Dystar Corp, the world's largest textile and printed dyes manufacturer, has started construction to build a production base in Nanjing.
Floor Décor to Open in Pompano Beach
Pompano Beach, FL, March 14-- Atlanta-based Floor & Décor has leased an 86,000-square-foot warehouse in Pompano Beach, with plans to open its first store in the region early this summer.
NAR: Home Sales to Stay in Record Territory
Washington, DC, March 14-- Both new and existing home sales will remain historically strong this year while the pace of price appreciation should ease, according to the National Association of Realtors.
Congoleum Swings to Profit in 2004
Mercerville, NJ, March 11--Congoleum Corp. reported a profit of $2.9 million in 2004 compared with a loss of $6.8 million in 2003.
CRI Unveils New Website
Dalton, GA March 111--The Carpet and Rug Institute (CRI) has launched its new website as part of the trade association's new, enhanced identity.
Kmart to Convert 400 Stores to Sears
Troy, MI, March 10--Kmart Holdings said it will convert 400 Kmart stores to Sears stores when the two retailers become one.