Carpets Making Comeback in UAE
Dubai, United Arab Enmities, July 24, 2006--Carpets are making a comeback in the UAE, with the residential apartment segment dominating the regional demand for easy-to-install and effective floor-covering solutions.
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.
Ken Peden New Executive VP of Kronotex
Barnwell, S.C., July 24, 2006--Kronotex USA announced the appointment of Ken Peden as executive vice president.
AIA Announces Practice Academy Grants
Washington, DC, July 24, 2006--The American Institute of Architects (AIA) announces the recipient of a new grant program to develop Practice Academy pilot programs.
Group Seeks Probe of Feltex’s Forecasts
Auckland, New Zealand, July 21, 2006--The New Zealand Shareholders' Association says it wants the Securities Commission to put Feltex's forecasts under a microscope.
Magill to Head Chinese Carpet Producer
Wellington, New Zealand, July 20, 2006--Sam Magill, the former boss of Feltex, has risen from the ashes and is back in the carpet business with an Asian eye on Australasia.
Builder Confidence Slips Again In July
Washington, DC, July 18, 2006--Increased concerns about interest rates and housing affordability caused builder confidence in the market for new single-family homes to slip three more notches to 39, according to the National Association of Home Builders/W
Q.E.P. 1Q Earnings Off
Boca Raton, FL, July 18, 2006--Q.E.P. Co., today announced financial results for its fiscal 2007 first quarter ended May 31, 2006.
Mortgage Application Volume Steady in Latest Surve
Washington, DC, July 12, 2006--the Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending July 7.
Dutch Bank in Deal for Amtico
London, England, July 11, 2006--Flooring manufacturer Amtico, according to a report from INS News, is in exclusive talks to sell itself to the private equity arm of Dutch bank ABN Amro for GBP100 million.
NAR: Home Sales Expected To Stabilize In The Month
Washington, DC, July 11, 2006--Home sales are projected to ease modestly but should stay within a relatively narrow range over the balance of the year, according to the National Association of Realtors.