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.
Atlanta, GA, Aug. 4, 2009--Melissa D. Tesvich, the ex-wife of a Home Depot executive who is serving six years in prison for heading a multimillion-dollar flooring fraud scheme against the retailer, was sentenced to two years in federal prison.
Fort Worth, TX, Aug. 4, 2009--D.R. Horton Inc. reported its ninth straight quarterly loss as record foreclosures and rising joblessness hurt demand.
Golden, CO, Aug. 4, 2009--Online contractor listing service ServiceMagic.com said Monday it expects to hire up to 200 new employees at its Golden headquarters by year’s end, according to American City Business Journals.
Dublin, GA, Aug. 3, 2009--Mohawk Industries is scaling back at its Dublin commercial carpet plant.
Washington, DC, Aug. 4, 2009--Personal income fell in June after surging in the previous month on government stimulus, while spending by individuals increased, according to the Commerce Deparment.
Neumarkt, Germany, Aug. 3, 2009--Pfleiderer said it would indefinitely suspend payments of interest on its $370.4 million hybrid bond to preserve its liquidity.
New York, NY, Aug. 3, 2009--Oil prices moved above $70 a barrel Monday in Asia on investor expectations a recovering global economy will boost crude demand.
Washington, DC, Aug. 3, 2009--Conditions for the nation's manufacturers continued to improve in July, the Institute for Supply Management reported Monday.
Washington, DC, Aug. 3, 2009--U.S. construction spending unexpectedly rose in June, as residential real estate and government projects led the way.
Viken, Sweden, July 31, 2009--Valinge said that it license volumes improved in the second quarter, rising about 15% from the first quarter 2009.