Hovnanian Expects to Meet 1Q Guidance
Red Bank, NJ, February 22, 2006--Homebuilder Hovnanian Enterprises Inc., said its first-quarter net profit would meet or slightly exceed its previous forecasts of $1.10 per share to $1.25 per share.
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.
Omission in Congoleum Case Costs Advisory Firm $13
Trenton, NJ, February 22, 2006--U.S. Bankruptcy Court Judge Kathryn Ferguson has stripped a Washington, D.C., insurance recovery firm of $13 million in legal fees because it failed to disclose conflicts of interest while conducting bankruptcy work for Mer
ASID Foundation Fundraiser to Take Place at Interi
Washington, DC, February 22, 2006--"Jubilation: The ASID Foundation Fundraiser," will take place during INTERIORS 06: The ASID Conference on Design, in Nashville, Tenn., on Friday, March 17, at the Country Music Hall of Fame and Museum.
Consumer Prices Rose 0.7%
Washington, DC, February 22, 2006--Consumer prices increased a larger-than-expected 0.7% in January, led by higher energy, food and housing costs, according to the Labor Department.
Nourison Gets Tax Break on Planned Georgia Facilit
Calhoun, GA, February 22, 2006--The Gordon County Commission on Tuesday approved a seven-year tax abatement for Nourison Rug Corp., which plans to build a facility there, bringing between 50 to 150 jobs.
Interface Adds 33,000 Tons of Carbon Offsets with
Atlanta, GA, February 22, 2006--Interface, announced that it is furthering its sustainability mission by adding an estimated 33,000 tons of emission reduction credits (ERCs) to its existing portfolio of projects to offset the carbon dioxide (CO2) emissio
Pakistan’s Carpet Industry Attracts Chinese
Lahore, Pakistan, February 22, 2006--The vice-governor of Qinghai province of China, Lou Yulin, has said the handmade carpet industry of Pakistan has a lot of scope for Chinese entrepreneurs who could win the global market once the two countries join hand
Feltex Under Fire from Godfrey Hearst for 2H Resul
Auckland, New Zealand, February 22, 2006--Struggling carpet maker Feltex made a $12 million interim loss and has come under stinging attack from rival and shareholder Godfrey Hirst.
Dow Touts Polyurethane Backing for Healthcare
Dalton, GA, February 21, 2006--For a healthy floor, the Dow Chemical Company prescribes carpet backed with its high-performance polyurethane technology. Healthcare facilities demand flooring that can handle a host of specific issues from hygiene to durabi
Manpower Sees Employee Talent Shortage
Zurich, Switzerland, February 21, 2006--Employers are having difficulty finding the right people to fill jobs despite high unemployment in Europe and the United States, a survey by U.S.-based staffing firm Manpower showed on Tuesday.