Pulte 1Q Up 20%
Bloomfield Hills, MI, April 27, 2006--Home builder Pulte Homes said first-quarter earnings climbed 20% as the company moved more homes than in the year-ago period.
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.
Chinese Wood Producer Gains Ground With Alliance
Beijing, China, April 27, 2006--Leading Chinese wood floorcovering provider, Power Dekor, plans to double its output of multi-layer parquet under the Swedish brand of Kahrs to 3 million square metres by the end of the year.
Floor Warming a Hot Trend in Home Improvement
Atlanta, GA, April 27, 2006--Whether fueled by the proliferation of home improvement shows or the growing popularity of design and decorating magazines, American consumers have seemingly insatiable appetite for luxury upgrades in their homes.
UK’s Carpetright Sees Return of Household Spending
London, England, April 26, 2006--Carpetright, the country's biggest seller of floor coverings, has become the first major retailer to call an end to the downturn in household spending.
Mortgage Application Volume Down
Washington, DC, April 26, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 21.
Polished Concrete Becoming Popular
Yucaipa, CA, April 26, 2006--Imagine a smooth, high-luster floor that is durable enough in a warehouse for foot traffic to heavy forklifts and yet shiny, clean, and professional enough for office buildings, hotels, and restaurants.
Propex Closing Seneca SC Plant
Seneca, SC, April 26, 2000--Propex announced the closure of its plant in Seneca, along with plans to relocate some of the jobs and equipment to its Ringgold, Ga., facility near Chattanooga, Tenn.
Supreme Court Hears Mohawk/RICO Case
Washington, DC, April 27, 2006--Listening yesterday to early arguments in a case that could profoundly affect illegal immigration as well as corporate legal accountability, the U.S. Supreme Court began weighing the Mohawk Industries case.
Wellman Reports 4Q Loss
Fort Mill, SC, April 26, 2006--Wellman Inc., a maker of polyester fiber and products, said on Tuesday it incurred a quarterly loss amid a surge in resin and polyester imports.
Pergo’s Q1 Earnings Up
Trelleborg, Sweden, April 26, 2006--Pergo in the first quarter of 2006 reported net sales that increased by 8% to SEK 768 million (US$102.5m), verses SEK 713 million (US$94.9m).