Three AmericasMart Exhibitors Complete Showroom Ex
Atlanta, GA, June 23—-Three AmerciasMart exhibitors — Obeetee, Inc., Zollanvari and Delos — have each completed major showroom expansions.
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.
UK’s Victoria Earnings Drop 21%
Kidderminster, England, June 23—-Carpet producer Victoria today said a difficult year had resulted in a 21% fall in annual profits to £3.73 million, according to the Scotsman.com.
New Floor Door Accepts Flooring Material
West Haven, CT, June 23--Floor doors are often installed in commercial buildings to provide safe access for maintenance and emergency personnel to areas below or between building floors.
Weekly Jobless Claims Fall 20,000
Washington, DC, June 23--First-time claims for state unemployment benefits fell 20,000 to a seasonally adjusted 314,000 the week ending June 18, the Labor Department said Thursday.
ServiceMagic to Acquire ImproveNet
Golden, CO, and Scottsdale, AZ, June 23--ServiceMagic, Inc. and ImproveNet, Inc. have entered into an agreement whereby ServiceMagic will acquire all of the outstanding stock of ImproveNet.
ETF Buys Intellectual Property of HEL Systems
Nederweert, Holland, June 23-- ETF Machinefabriek, a designer and builder of machinery for the floorcovering industry, bought all the intellectual rights of HEL Systems.
Bed, Bath & Beyond 1Q Earnings Up 21%
Union, NJ, June 23--Bed, Bath & Beyond reported first quarter earnings that were up 21 percent to $98.9 million, or $0.33 per a share, verses $82 million and $0.27 per share a year ago.
Hardwood Flooring Shipments Retain Momentum
Memphis, TN, June 22--Hardwood flooring shipments for May 2005 were reported at 59,116,000 board feet, an 11% increase over the previous month’s shipments.
Innovision Flooring Named U.S. Distributor for LG
Kenilworth, NJ, June 22--Innovision Flooring Corp. has been named the U.S. distributor for LG Floors, manufacturers of durable, multi-functional commercial vinyl flooring.
Tricycle Receives 4th NeoCon Award in 4 Years
Chattanooga, TN, June 22--At the 2005 NeoCon World's Trade Fair, international sustainable design company Tricycle, Inc. received its fourth NeoCon award in as many years.