RAK Ceramics in JV with Italian Firm
Abu Dhabi, United Arab Emirates, October 4, 2005 -- Ras Al Khaimah Ceramics has joined forces with an Italian company to form a joint venture company, Chemica.
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.
Rug Expert Richard Walker Dies at 65
Pittsburgh, PA, October 4, 2005 -- Richard T. Walker, 65, owner of Walker Rugs in Mt. Lebanon, Pennsylvania, has died.
Reinhart Resigns as Dow CFO
Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.
Wal-Mart Rotates International and U.S. Execs
Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.
Home Depot Closer to Opening in China
Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.
Feltex Hopes Restructuring Will Increase Earnings
Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.
Scandian Names Patterson VP Sales & Marketing - No
Virginia Beach, VA, October 3, 2005-- Scandian Industries has named John T. Patterson to the newly created position of vice-president of sales and marketing-North America.
Construction Spending Up in August
Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.
Expert Says Iran's Carpet Sector Neglected
London, England, October 3, 2005--A noted sculptor has called for paying more attention to woven handicrafts of tribal communities in order to prevent them from becoming extinct, according to Iran Daily.
USW and Armstrong in Talks on Extension
Pittsburgh, PA, October 3, 2005--The United Steelworkers (USW) announced a recess today in negotiations with Armstrong World Industries (AWI) with a day-to-day extension on a midnight expiration of the current contract covering 1,400 production workers at