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.
Bethesda, MD, January 7--American Capital Strategies Ltd. said that in December 2004 it invested an additional $39 million in its portfolio company Halex Corp. to refinance existing debt and to support the acquisition of Capitol USA.
Dallas, TX, January 6--Surfaces '05, which will take place January 26-28 at the Sands Expo Center in Las Vegas, will have more than 1,000 exhibiting companies.
Washington, DC, January 6--Apartment and condo builders are optimistic that the multifamily housing market will continue to strengthen over the next six months, according to the latest Multifamily Market Index.
Orlando, FL, January 6--Upwards of 90,000 are expected to show up for their industry’s largest annual trade show and exposition, the 2005 International Builders’ Show.
Kilmarnock, Scotland, January 6—-Stoddard International went into receivership on Thursday after failing to secure a last-ditch financial lifeline from its bankers according to business.scotsman.com.
Richmond, VA, January 6-- Flooring Adventures LLC has launched Tuff-Seal, a new line of vinyl interlocking floor tiles for commercial and residential use. The tiles contain a patented hidden interlock system.
New York, NY, January 6—-The nation’s top retailers including Wal-Mart, Federated Department Stores and Best Buy posted December sales gains after steep discounts spurred a late surge in holiday shopping.
Washington, DC, January 6--Initial jobless claims jumped unexpectedly last week by 43,000, taking claims to their highest level since late September, a government report showed on Thursday -- but an official noted there were seasonal adjustment difficulti
Washington, DC, January 6--Businesses facing asbestos claims are chafing at the latest draft bill aimed at limiting their liability, even as President George W. Bush on Wednesday increased pressure on parties to broker a deal.
New York, January 5--James Zimmerman, former chairman and chief executive of Federated Department Stores, was indicted for perjury on Tuesday by New York Attorney General Eliot Spitzer.