Royal Floormats to Close Calhoun Plant
Calhoun, GA, May 4, 2006--Royal Floormats announced that it will close its Calhoun plant by the end of the year, putting 82 people out of work, according to the Calhoun, GA, Times.
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.
NAM Praises President On Estate Tax
Washington, DC, May 4, 2006--The National Association of Manufacturers (NAM) applauded President Bush’s call for Congress to permanently repeal the estate tax in his remarks to the American Council of Engineering Companies today.
CARE Conference Offsets Pollution Caused by Event
Pine Mountain, GA, May 1, 2006--Leonardo Academy announced today that the Carpet America Recovery Effort (CARE) Conference in Callaway Gardens, Georgia has gained Cleaner and Greener certification, meaning all pollution caused by energy use at the event h
CRI Adds Deep Cleaning Systems to Seal of Approval
Dalton, GA, May 5, 2006--The Carpet and Rug Institute (CRI) today announced the addition of deep cleaning systems to its Seal of Approval testing and certification program.
Van Pelt Named VP at FloorExpo
Marietta, GA, May 5, 2006—FloorExpo promoted Kathy Van Pelt to vice president of member programs and services.
Big Retailers See Strong April Sales
New York, NY, May 4, 2006--Retailers posted strong gains in April, as a late Easter and apparel-shopping surge outweighed concerns over gasoline prices and rising interest rates.
Champion Polymer Recycling, Greitzer Get CARE Awar
Pine Mountain, GA - May 05, 2006--Champion Polymer Recycling, a division of Infiltrator Systems, Inc., was honored as Recycler of the Year by the Carpet America Recovery Effort at the organization’s fourth Annual conference at the Southern Pine Conference
Sears Canada Shareholders Dispute Valuation
Chicago, IL, May 4, 2006--Pershing Square Capital Management, the hedge fund that has opposed Sears Holdings Corp.'s C$892 million ($807 million) plan to buy out Sears Canada Ltd, said that the bid significantly undervalues the stock.
Initial Jobless Claims Up 5,000
Washington, DC, May 4, 2006--First-time applications for unemployment benefits drifted higher by 5,000 last week to 322,000, the highest level since Nov. 19, the Labor Department reported Thursday.
Hellenic Rug Expands AmericasMart Showroom
Atlanta, GA, May 3, 2006--Hellenic Rug Imports has expanded its AmericasMart Atlanta showroom to a 6,600 square feet. The company has expanded its AmericasMart facilities annually since 2000.