StonePeak Ceramics Names Two Regional Sales Manage
Chicago, IL, June 17--StonePeak Ceramics Inc. hired Drew Giungo and Doug Snell as regional sales managers in the Northeast and Southeast regions, respectively.
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.
Iranian Claims Pakistani Weavers Imitating Persian
London, England, June 17--An expert on carpet affairs said that Pakistan has taken full advantage of poor state support for the industry in Iran to imitate the designs of Persian carpets and export them to international markets.
Current Account Gap Widens
Washington, DC, June 17--The current account deficit continued its steady march upward in the first quarter, the Commerce Department reported Friday.
EU Sends Statement of Objections in Synthetic Rubb
Brussels, Belgium, June 17--The European Commission confirmed it sent a 'statement of objections' detailing competition concerns to a series of synthetic rubber producers accused of operating a cartel, according to afx news.
Crossville Intros a First in Porcelain Stone Tile
Crossville, TN, June 16--For the first time in Porcelain Stone tile, Crossville has made it possible for homeowners and designers of commercial projects to easily create uniquely personal floor installations that can also be carried up the wall.
Builder Confidence Hits New High For 2005
Washington, DC, June 16--Encouraged by continuing low mortgage rates and robust demand for new homes, single-family home builders are more confident this June than they’ve been all year, according to the latest National Association of Home Builders/ Wells
New Executive Committee, Board Members Elected at
Anaheim, CA, June 16--Aaron J. Pirner, CFE, will become chairman of the board of directors of the World Floor Covering Association (WFCA) effective July 1.
Housing Starts Up in May
Washington, DC, June 16--Housing starts rose 0.2% in May to a seasonally adjusted 2.009 million annualized units from April's revised 2.005 million, according to the Commerce Department.
Beige Book: Economy Expanding
Washington, DC, June 16--The economy expanded across the nation from mid-April through May as tourism, real estate, and manufacturing strengthened and the job market improved nationwide, according to the Federal Reserve’s beige book survey.
Tandus Announces 1Q Financials
Dalton, GA, June 15--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., and Subsidiaries, announced its financial results for the first quarter (13 weeks) ended April 30, 2005.