Builder Confidence Show Signs of Turnaround
Washington, DC, May 18, 2010--U.S. home builders gained confidence in May in the market for new single-family homes, according to the National Association of Home Builders.
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.
Tandus Using New Barcode Technology in Portfolios
Dalton, GA, May 18, 2010--Tandus Flooring is using Microsoft Tag technology in new product portfolios.
Beaulieu Commercial Names Vita EVP
Adairsville, GA, May 18, 2010--David Vita has been named executive vice president of sales for Beaulieu Commercial.
Home Depot Profit Surges in First Quarter
Atlanta, GA, May 18, 2010--Home Depot reported that first quarter net income rose 41% to $725 million, or $0.43 per share, compared with $514 million, or $0.30 per share, a year ago.
Pergo Names Hartman Vice President of Sales
Raleigh, NC, May 18, 2010--Laminate maker Pergo has named David Hartman vice president of sales for the company’s operations in North, Central and South America.
Q.E.P. Swings to Profit for Fiscal Year
Boca Raton, FL, May 17, 2010--Q.E.P. Co., Inc. reported net income of $8.9 million for the fiscal year ended Feb. 28, compared to a net loss of $7.2 million a year ago.
Oil Prices Hit Low Point for 2010
New York, NY, May 18, 2010--Oil prices on Monday fell to their point this year and are now down about 20% in just two weeks.
Lowe's Sees Higher Earnings in First Quarter
Mooresville, NC, May 17, 2010--Lowe's Companies reported net earnings of $489 million for the quarter ended April 30, a 2.7% increase from the same period a year ago.
Harris Wood Signs Florida Distributor Mastercraft
Boca Raton, FL, May 17, 2010--Q.E.P. Co., which recently purchased Tennessee-based Harris Wood, has signed Mastercraft Flooring Distributors of Miami, Fla. to be the distributor for Harris Wood in Florida.
Realtors Group Sees Improving Commercial Market
Washington, DC, May 17, 2010--The commercial real estate market is showing a few signs of improvement, according to National Association of Realtors Chief Economist Lawrence Yun.