Forbo Shareholders Approve Board Recommendations
Zug, Switzerland, May 1, 2006--Recommendations of the board of directors were approved by a large majority at the 78th Annual General Meeting of Forbo Holding AG, held here last week.
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.
Florida Legislation Fuels Rumors of Home Depot HQ
Atlanta, GA, May 1, 2006--A tax incentive bill passed by the Florida Legislature is fueling--or at least perpetuating--a rumor that Home Depot might consider moving its headquarters away from Atlanta.
Steelcase Launches Healthcare Focused Organization
Grand Rapid, MI, May 1, 2006--Steelcase Inc., announced the launch of Nurture by Steelcase, a new organization focused on the healthcare environment.
Armstrong Workers Approve Union Contract
Beverley, WV, May 1, 2006--Union workers at one of Randolph County's largest employers have ratified a contract offer, averting a possible strike, a union official said Saturday.
Iran: Controls Needed for Rug Supply
London, England, May 1, 2006--Iran controls a major portion of the world’s hand-woven carpet supply, said a carpet industry official, adding, however, that the country does not have leverage over pricing mechanisms.
Armstrong Intros New Laminate Floors
Lancaster, PA, May 1, 2006--In the era of high-definition television and digital photography, maybe we shouldn't be so surprised that Armstrong’s newest laminate floors deliver remarkable realism.
Economists Predict Soft Landing for Housing
Washington, DC, May 1, 2006--After soaring to record levels for three consecutive years, the single-family housing market is gliding toward a “soft landing” in 2006.
Personal Income, Spending, Inflation Up in March
Washington, DC, May 1, 2006--Personal incomes and consumer spending rose more than expected in March, according to a report from the Commerce Department.
Employment Cost Moderate
Washington, DC, April 28, 2006--The employment cost index, considered one of the best gauges for tracking labor-cost pressures, moderated in the first quarter to a 0.6% increase, down from a 0.8% pace in the last three months of 2005, according to a Labor