Pfleiderer CEO Injured in Auto Accident
Neumarkt, Germany, February 23, 2007--It is reported that Hans H. Overdiek, head of German engineered wood and infrastructure technology manufacturer Pfleiderer, has been badly injured in a car accident.
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.
Online Job Availability Dips Top Markets
New York, February 23, 2007--Online job availability dipped in a majority of the top 28 U.S. metro markets in January.
Revisiting Lumber Pact Would Impact Housing Afford
Washington, DC, February 23, 2007--In a development that could have negative repercussions for housing affordability and American consumers, the U.S. government may be attempting to squeeze even more concessions out of Ottawa.
Commercial Real Estate Index Remains at Record Hig
Washington, DC, February 23, 2007--The Commercial Leading Indicator for Brokerage Activity,* has increased for seven consecutive quarters and is holding at the highest level on record, according to the National Association of Realtors.
Formica Extends Distribution in Canada
Barnwell, SC, February 23, 2007--Formica Flooring has entered into an agreement with Stevens Dufour Floor Covering of Mississauga, ON in which Stevens Dufour will be the exclusive distributor of Formica Flooring in Canada.
Interface Resumes Dividend, Elects Paisner to Boar
Atlanta, GA, February 23, 2007--Interface Inc. declared a regular quarterly dividend of 2 cents and announced the election of Harold Paisner to its board.
Mohawk to Cease Operation of Georgia Dye Plant
Rome, GA, February 23, 2007--Mohawk Industries announced today it will end dyeing operations Monday at its 436 Lavender Drive plant.
Iranian Weaver Produce World's Largest Carpet
Tehran, Iran, February 23, 2007--According to PressTV, Iranian carpet weavers have completed the world's largest carpet in the city of Neishabur, northeast Iran.
Toll Brothers 1Q Earnings Drop 67%
Horsham, PA, February 23, 2007--Luxury-home builder Toll Brothers reported first quarter earnings that dropped 67 percent due to hefty writedowns and other costs, and Chief Executive Robert Toll said many markets were still soft.
Natural Area Rugs Launches Online Display System
Los Angeles, CA, February 23, 2007 -- Natural Area Rugs has introduced a realistic image display system.