Office Furniture Orders up 5%
New York, NY, July 9, 2007--Office furniture orders continued to slow in May toward a growth rate that tracks the GDP, according to Raymond James analyst Budd Bugatch.
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.
ReSource Names Patcraft its Newest Supplier
Aurora, CO, July 9, 2007--The ReSource Commercial Flooring Network (RCFN) is pleased to announce that Patcraft Commercial Carpet has joined RCFN as a Preferred Supplier.
Illegal Logging – China’s Big Wooden Problem
Beijing, China, July 9, 2007--Chinese wood manufacturers have poor records on using illegal timber. But the industry is changing, say Sarah Price and Matthew Brady.
Goldman Sachs Upgrades Home Depot
New York, NY, July 9, 2007—Home Depot was upgraded to buy from neutral by Goldman Sachs. The firm cited changes in management and culture and an improved business mix and capital structure.
H&R Johnson and Johnson Ceramics in Talks
London, England, July 9, 2007--Ceramic tile manufacturer H&R Johnson is in talks with the UK-based Johnson Ceramics International for a strategic global alliance.
Morphosis Wins Zumtobel Group Award
Los Angeles, July 6, 2007– On June 28th, the Zumtobel Group announced the winners of the first international Zumtobel Group Award for Sustainability and Humanity in the Built Environment.
Payrolls Up 132,000, Unemployment Rate Still 4.5%
Washington, DC, July 6, 2007—Payrolls in increased by 132,000 in May as the unemployment rate remained a six-year low of 4.5 percent, according to the Labor Department.
Allsun Signs settlement with Välinge Innovation
Viken, Sweden, July 06, 2007--The Chinese laminate producer and Välinge licensee Shanghai Allsun Wood Industry Co Ltd. has signed a full and final settlement agreement with Välinge for its non-reported sales of laminate flooring products.
USGBC Council Hits 10,000 Member Mark
Washington, DC, July 6, 2007--The U.S. Green Building Council (USGBC) welcomed its 10,000th member company. The achievement marks a turning point in the building design and construction market.
Wools of New Zealand Adds Partners
Atlanta, GA, July 6, 2007—The number of Wools of New Zealand Brand partners continues to grow as does the demand for environmentally friendly products.