Suspected Arsonist Arrested in Anderson Fire
Clinton, SC, October 20, 2006--A man is charged with arson in a fire that burned nearly half of a Clinton hardwood flooring plant earlier this month.
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.
Mohawk’s New Plastic Carpet Cores are Recycled and
Dalton, GA, October 20, 2006--It a “win-win” situation, as part of its philosophy of looking at everything it does to see if there’s a way to do it better, Mohawk took a deep look into its carpet packaging—all the way to the core.
Clarion Gets Go Ahead To Build Plant
Oil City, PA, October 20, 2006--Clarion County planning commission members have given the go-ahead for Clarion Boards Inc., a joint venture of Tarkett and Aconcagua Timber, a Chilean wood panel company, to build a new laminate facility next to its Paint T
Architecture Billings Index Up in September
Washington, DC, October 19, 2006--The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed more modest growth in September following a surge in the August figures.
Officials of Installation Firm Cover-All Jailed on
Chatsworth, CA, October 19, 2006--Three top officials of the nation's largest flooring installation company were arrested Wednesday on suspicion of committing almost $11 million in insurance fraud, prosecutors said.
September Housing Starts Up 5.9%
Washington, DC, October 18, 2006--Home builders broke ground on more new homes in September. New construction of homes unexpectedly increased 5.9% in September to a seasonally adjusted annual rate of 1.772 million, the Commerce Department estimated.
Color Tile Outlet Partners with Big Bob's
Chattanooga, TN, October 16, 2006--Alliance Flooring, Inc. announces its partnership with Big Bob’s Flooring Outlet, a franchise chain of approximately 40 locations throughout the U.S., as one of the first Color Tile Outlet licensees.
Armstrong Finalizes Loans, Shares to be Traded Tom
Lancaster, PA, October 17, 2006--Armstrong World Industries said its shares of common stock are expected to begin "regular way" trading on the New York Stock Exchange (NYSE) tomorrow, October 18.
Goldman Sachs Cuts Home Depot, Upgrades Lowe's
New York, October 16, 2006--Goldman Sachs cut Home Depot's rating while it upgraded Lowe's. The firm cut Home Depot to neutral from buy, saying it is growing concerned about recent management departures.
Pergo Lowers 2006 Guidance
Trelleborg, Sweden, October 13, 2006--Pergo today announced revised earnings guidance for the full year 2006 and also provided earnings guidance for full year 2007.