Home Depot Profit Falls 24 Percent in Quarter
Atlanta, GA, Aug. 19, 2008--The Home Depot Inc. reported a 24 percent decline in second-quarter profits but beat expectations.
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.
Home Building Starts Hit 17-Year Low
Washington, DC, Aug. 19, 2008--U.S. home building starts in July fell 11 percent to the lowest annual rate in more than 17 years, while building permits plunged 17.7 percent, according to the Commerce Department.
Home Builders More Optimistic About Sales
Washington, DC, Aug. 18, 2008--Home builders registered some improvement in their outlook for home sales in the next six months.
Anso Gets MBDC Cradle To Cradle Silver Status
Dalton, GA, Aug. 19, 2008--Shaw's Anso nylon brand has received Cradle To Cradle Silver Certification from McDonough Braungart Design Chemistry, a third party certifier.
Wholesale Inflation Surges in July on Energy Costs
Washington, DC, Aug. 19, 2008--Wholesale inflation in July rose at the fastest pace in 27 years, according to the Labor Department.
Mannington Raising Resilient Prices Oct. 6
Salem, NJ, Aug. 19, 2008--Mannington Mills said it will increase prices on both residential and commercial resilient products, effective with Shipments on Oct. 6.
DuPont Challenges Invista's Trade Secrets Lawsuit
Wilmington, DE, Aug. 19, 2008--E.I. DuPont de Nemours & Co. challenged a trade secrets lawsuit filed by Koch Industries Inc.'s Invista unit against DuPont and France's Rhodia SA (RHA.FR) last week.
Tiles and Stones Files for Bankruptcy Protection
Miami, FL, Aug. 19, 2008--Tiles and Stones has filed for Chapter 11 bankruptcy protection.
Olympic Village Gets LEED Gold Certification
Washington, DC, Aug. 18, 2008--Athletes in Beijing for the 2008 Olympic Games are staying at a first-of-its-kind, environmentally friendly Olympic Village.
Carpenter Making Its Cushion Greener
Richmond, VA, Aug. 18, 2008 -- Carpenter Co. is shifting to moisture barrier films made with renewably sourced polymers from DuPont, as a key element of its EnviroStep carpet cushion technology.