Jobless Claims Up 10,000
Washington, DC, June 21, 2007-- Jobless claims for state unemployment rose by 10,000 to 324,000 in the week ending June 16, according to a report from the Labor Department.
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.
Architecture Billings Index Up in May
Washington, DC, June 21, 2007--After three consecutive months of modest growth, the Architecture Billings Index (ABI), a leading economic indicator of construction activity, revealed a spike in design activity.
UK's Biggest Online Retailer Teams With TV Show
London, England, June 21, 2007--The UK's biggest online carpet superstore, will be adding a touch of class to the popular TV show 'Britain's Next Top Model'.
Lumber Liquidators Opens 94th Location in Idaho
Boise, ID, June 21, 2007--When Lumber Liquidators opens its 94th store on Friday in Boise, the first 94 people through the doors will receive a Bellawood floor-care cleaning kit and be entered to win a free hardwood floor valued at $1,000.
Home Depot Downgraded by Piper Jaffray
Minneapolis, MN, June 21, 2007—Home Depot has been downgraded to market perform from outperform by Piper Jaffray.
Armstrong Ceiling Workers Approve Deal
Lancaster, PA, June 20, 2007--Instead of striking Friday, unionized workers at Armstrong World Industries' Marietta ceiling plant approved a revised contract offer by a slim margin and stayed on the job.
HD Supply Acquired for $10.3B
Boston, Washington, New York, June 19, 2007--Bain Capital Partners, The Carlyle Group and Clayton, Dubilier & Rice, Inc. today signed a definitive agreement with Home to acquire its wholesale distribution business, HD Supply.
USGBC Makes $1M Commitment to Green Building
Washington, DC, June 20, 2007--The U.S. Green Building Council (USGBC) today announced that it will commit $1 million to green building research.
Ekowood to Increase Malaysian Plant Capacity
Gopeng, Malaysia, June 20, 2007--Ekowood International Bhd, which manufactures engineered solid hardwood flooring, is embarking on a RM18 million to RM20 million expansion to raise capacity at its Gopeng plant by 80 per cent.
Bonsal American Acquires Pre-Blend Products
Charlotte, NC, June 20, 2007--Bonsal American has acquired Pre-Blend Products, Inc., a manufacturer of packaged construction products, based in Fairless Hills, Pa.