Tennant Names Killingstad CEO
Minneapolis, MN, October 6, 2005--Tennant Company has announced that Chris Killingstad, 49, will join the company's board, effective today, and will become president and chief executive officer on December 1, 2005.
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.
Feltex's Magill Not Going Quietly
Wellington, New Zealand, October 5, 2005--Troubled carpet maker Feltex said it could not reach agreement on the terms of the departure of former chief executive Sam Magill and it had terminated his contract.
Planned Layoffs Slow
Chicago, IL, October 5, 2005--Employers announced 71,836 job cuts in September — little changed from the previous month — marking the end of the slowest quarter for planned layoffs since the second quarter of 2002, according to a survey by Challenger, Gra
Pending Home Sales Index Hits Record
Washington, D.C., October 5, 2005--The Pending Home Sales Index, based on contracts signed in August, rose 3.2 percent to a reading of 129.5, and is 4.7 percent higher than August 2004. The previous record was 128.1 in October 2004.
Hovnanian's Monthly Contracts Rise 61.5%
Red Bank, NJ, October 5, 2005—Homebuilder Hovnanian's preliminary net contracts rose 61.5% in September compared to last year, the homebuilder said Wednesday.
ISM Non-Manufacturing Index Falls in September
Tempe AZ, October 5, 2005--Growth at service companies slowed more than expected in September as Hurricanes Katrina and Rita shut down businesses along the Gulf Coast and drove up energy prices to records.
Kmart Names Sr. VP for Kmart Stores and EVP, Restr
Hoffman Estates, IL, October 5, 2005--Kmart Holding, a wholly-owned subsidiary of Sears Holdings has named Donald J. Germano, as senior vice president and general manager for Kmart's more than 1,400 stores.
Edge Flooring Sold
Dallas, TX, October 5, 2005--Edge Flooring LLC, a company sponsored by Hunt Special Situations Group, L.P., announced today it has completed the acquisition of all the assets of TEF, Inc. (d.b.a. Edge Flooring.
CFI & Northern Calfornia Carpet One Dealers Team U
Sacramento, CA, October 5, 2005--CFI and the Carpet One dealers of Northern California, Regional Group #803 joined together to provide an installation-training program on October 21-22, 2005.
Hicks Named VP of LEED Rating System Program
Washington, D.C., October 5, 2005--The U.S. Green Building Council today named Tom Hicks vice president of its popular LEED Green Building Rating System program following Nigel Howard being named chief technical officer in July.