California to Require 10% Recycled Carpet Content
Sacramento, CA, June 13, 2006--Starting September first, California will require that all carpeting installed in state buildings contain at least 10% recycled material.
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.
Builder Confidence Holds Strong And Steady In Nove
Washington, DC, November 17--Continuing low mortgage rates and improving economic conditions are helping maintain a solid level of builder confidence in the market for new single family homes, according to the latest National Association of Home Builders
Lowe's Opens Florida Regional Distribution Cen
Mooresville, NC, October 19--Lowe's announced today the opening of its state-of-the-art regional distribution center (RDC) in Osceola County, Fla.
Scottish Carpet Maker Stoddard Seeking Funds to St
Kilmarnock, Scotland, September 29—Troubled carpetmaker Stoddard International lost 30% of its remaining value yesterday after revealing that it is seeking fresh borrowing to stay afloat,
Nardelli Says Economy Bodes Well for Home Depot
Atlanta, GA, September 28--- Strong new home building, consumer remodels and improving industrial markets were supporting home improvement giant Home Depot as it reinvests in its stores, chairman and chief executive Robert Nardelli said on Monday
New Home Sales Jump 9.4% in August
Washington, September 27--Sales of new single family homes in August rose a surprising 9.4 percent to a seasonally adjusted annual rate of 1.184 million units from a downwardly revised 1.082 million units the month before, according to the Commerce Depart
Durable Goods Orders Off 0.5% in August
Washington, September, 24-- Orders for new durable goods fell 0.5 percent in August, held back by a 42.8 percent drop in orders for civilian airplanes, the Commerce Department estimated Friday.
Bed Bath & Beyond 2Q Earnings Up 23%
Union, NJ, September 23--Bed Bath & Beyond Inc.'s earnings rose 23 percent in the latest quarter as overall sales grew 15 percent and sales per store increased.
Dow CEO: Prices Will Rise, Company Will Grow Abroa
Midland MI, September 21--The energy industry will continue growing with the economy as a better balance between supply and demand leads to price increases, said William Stavropoulos, chief executive of Dow Chemical Co.
SMED, Interface AR Take Haworth Name
Holland, MI, September 20-- Calgary-based SMED International and Grand Rapids-based Interface AR are formally changing their names to Haworth, according to the Holland Sentinel.