Technology a Challenge for Dalton-based Carpet Ind
Dalton, GA, May 19--This so-called "Carpet Capital of the World" will face challenges as the manufacture of floorcovering continues to improve.
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.
Pergo Files More Patent Infringment Suits
Trelleborg, Sweden, May 18--Pergo has taken another step to protect its various patent rights and initiated an action for patent infringement against FN Profile, Inc. and Neuhofer Holz GmbH in the US District Court for the Middle District of North Carolin
Lauzon Establishes New VP Positions
Papineauville, Quebec, May 18--Lauzon Holding made three major appointments and launched an ambitious strategic plan, demonstrating the company’s determination to sustain customer interest and maintain innovative leadership in the hardwood flooring indust
Home Depot Earnings Up 16.3% in First Quarter
Atlanta, GA, May 17--The Home Depot today reported first quarter net earnings of $1.2 billion, $0.57 per diluted share, up 16.3 percent, for the first quarter of fiscal 2005, compared with $1.1 billion, $0.49 per diluted share, for first quarter of fiscal
Home Builder Confidence Strong in May
Washington, DC, May 17--The nation’s home builders continue to maintain the high level of confidence that they have expressed for more than 16 months, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.
New York Fed’s Manufacturing Index Plummets
Washington, DC, May 16--Manufacturing activity in the New York area deteriorated sharply for the second straight month in May, the New York Federal Reserve Bank said.
Lowe's 1Q EPS Up 32%, Miss Estimates
Mooresville, NC, May 16--Lowe's in the first quarter reported net earnings of $590 million, a 30.5 percent increase over the same period a year ago.
1Q Existing Home Sales in Record Territory
Washington, DC, May 13--Total existing home sales, which include single-family and condos, were at the third-highest pace on record in the first quarter.
Home Buyers Opting for Upscale Amenities
Washington, DC, May 12--Given the choice between more space or higher quality features, new home buyers are overwhelmingly opting for the latter, according to the latest survey data from the National Association of Home Builders (NAHB.
StarNet Announces 2005 Board of Directors
Ridgefield, CT. May 12--At its recent annual meeting in Palm Springs, CA, StarNet announced its 2005 Board of Directors.