Industrial Production Jumps in May
Washington, DC, June 16--Industrial output surged in May, posting its biggest one-month rise in nearly six years, the Federal Reserve said today.
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.
South Korean Firm Makes Carpet With PTT Fiber
Seoul, South Korea, Apr. 8--Hyosung Corp. has developed a carpet using Poly Trimethylene Terephthalate (PTT).
Second Costco Home Store Planned
Tempe, AZ, Mar, 26--Costco Wholesale, the membership-warehouse retailer, will build the second store of its fledgling Costco Home chain near its Tempe store.
J.C. Penney Posts a Loss of $1.07 Billion
Plano, TX, Feb. 26--J.C. Penney Co. Inc.on Thursday reported a net loss of $1.07 billion for the fourth quarter after devaluing its investment in its underperforming Eckerd drugstore chain, which is on the auction block.
Personal Spending and Income Both Up
Washington, DC, February 1, 2007--The Commerce Department reported that personal income rose 0.5 percent in the month, up from the 0.3 percent rise seen in November.
Portfolio 21 Names Top 10 Green Companies of 2006
Portland, OR, January 30, 2007--Global mutual fund Portfolio 21 named its Top 10 financial performers among companies implementing environmental business strategies.
Armstrong Commercial Rolls out Standard Excelon Ra
Lancaster, PA, January 30, 2007--Armstrong Commercial Flooring’s Standard Excelon Rave vinyl composition tile brings a dynamic new palette of 10 super clean, ultra-bright colors to VCT.
Home Depot Adding Employees in Spring
Atlanta, GA, January 29, 2007--Home Depot plans to hire about 15,000 new employees during the spring season.
Ken Peden Named Kronotex COO
Barnwell, SC, January 29, 2006--Kronotex USA has named Ken Peden to the post of chief operating officer.
Clients of A&D Community Welcome at Coverings '
Alexandria, VA, January 26, 2007--Coverings 2007, the trade show and conference dedicated exclusively to tile and stone, is extending a very special opportunity to architects and designers attending this year’s Chicago-bound edition.