Kronospan Seeking Government Incentives
Bratislava, Slovakia, May 26, 2006--Kronospan wants to invest more than Sk12bn in Slovakia asking the government for investment incentives worth Sk3.64bn, says a document published by the Economy Ministry.
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.
Home Depot Investors Criticize CEO Pay, Arrogance
Atlanta, GA, May 26, 2006--Home Depot shareholders had harsh words for chairman and chief executive Robert Nardelli on Thursday, but rejected a proposal that would let investors cast an advisory vote on executive pay packages.
Personal Income, Spending Up Slightly
Washington, DC, May 26, 2006--Personal incomes rose 0.5 percent in April, according to the Commerce Department.
Teragren Signs With Distributor T&A Supply
Bainbridge Island, Washington, May 25, 2006--Teragren, manufacturer of environmentally-friendly bamboo flooring, panels and veneer, announced that it has signed an agreement with T&A Supply to exclusively provide Teragren bamboo flooring products to T&A’
Hot Sales Trigger Expansion for Florida Firm
Orlando, FL, May 25, 2006--Record sales help drive Orlando-based Blackton Inc.'s need to expand in Central Florida.
Domotex Middle East Feeds Construction Boom
Dubai, United Arab Emirates, May 25, 2006--The Gulf's booming construction industry is paying rich dividends for international and domestic carpet and floor covering manufacturers.
Lowe's Announces 2-for-1 Stock Split
Charlotte, NC, May 25, 2006--Lowe's board of directors has announced a two- for-one split of its common shares. Shareholders will receive one additional share for each share held as of the June 16, 2006 record date.
Help-Wanted Advertising Index Dips
New York, NY, May 25, 2006--The Conference Board Help-Wanted Advertising Index--a key measure of job offerings in major newspapers across America--dipped two points in April.
House R&D Funds Vote Cheers Manufacturers
Washington, DC, May 25, 2006--In a 404 to 20 vote yesterday, the House approved the first major increase in almost 15 years for the Department of Energy Office of Science, which is responsible for the critical national laboratory system that dates to Worl
1Q GDP Revised Up to 5.3%
Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.