AFA Reports on U.S., China Textile Agreement
Dalton, GA, November 18, 2005--The American Floor Covering Alliance yesterday released a statement discussing the recently announced textile and apparel agreement between the U.S, and China.
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.
The Other Side of Armstrong’s Vacated Plant
Lancaster County, PA, November 18, 2005--In late October, officials enthusiastically unveiled an agreement to revitalize the vacated section of the Armstrong floor plant.
Tarkett AG Makes Changes at German Facility
Frankenthal, Germany, November 17, 2005--According to Frankfurter Allgemeine Zeitung, Tarkett, the German manufacturer of flooring, is planning to cut 43 of the 180 jobs at its site in Konz, Germany.
Lowe's Names Hollifield Chief Accounting Offic
Mooresville, NC, November 17, 2005--Lowe's has named Matthew V. Hollifield senior vice president and chief accounting officer, replacing Ken Black, who announced his plans to leave the company to pursue other career opportunities.
Industrial Production Up 0.9% in October
Washington, DC, November 17, 2005--Industrial production rose in October as output from factories, mines and utilities rose 0.9 percent, the fastest increase since May 2004, according to the Federal Reserve.
ASID Industry Sponsors Support Revitalized ASID Fo
Washington, DC, November 17, 2005--ASID industry partners are enthusiastically supporting the newly revitalized ASID Foundation, Inc., by donating luxury items for the first annual auction fundraiser.
Carpet Recycler Nycore Receives BuildingGreen Top-
Atlanta, GA, November 17, 2005--Nycore, Inc.’s, NyBacker tile backerboard, a building product produced by Nycore from recycled carpet, has received the BuildingGreen Top-10 award.
Edge Flooring Acquisition Completed
Dalton, GA, November 17, 2005--Edge Flooring LLC has announced the completion of a transaction with an affiliate of Hunt Special Situations Group, a middle market private equity group.
Builder Confidence Off In November
Washington, DC, November 17, 2005 - Responding to sharply lower measures of consumer confidence as well as rising mortgage rates and other factors in recent months, single-family home builders are adjusting their market expectations downward to a still fa
Williams-Sonoma 3Q Earnings Up 30%
San Francisco, CA, November 17, 2005--Home-goods retailer Williams-Sonoma Inc. reported third quarter earnings that rose 30% to $37.1 million, or $0.31 a share, from $28.5 million, or $0.24, in the year-earlier period.