Forbo Earnings Rise 16 Percent in First Half
Baar, Switzerland, Aug. 19, 2008--Swiss floor covering maker Forbo Holding AG Tuesday reported a 16 percent rise in first half net profit to $49.3 million.
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.
Persian Rugs Exhibition Starts Friday in Tehran
Tehran, Iran, Aug. 20, 2008--The 17th exhibition of hand-woven Persian rugs is to kick off Friday in an area of 20,000 square meters at Tehran International Fairground.
Oriental Rug Retailers Select PR Agency
New York, NY, Aug. 20, 2008 -- The Oriental Rug Retailers of America, Inc. (ORRA) has chosen the New York City-based consultancy Daniel Kennedy Communications Services for public relations and brand-identity marketing communications.
Home Depot Profit Falls 24 Percent in Quarter
Atlanta, GA, Aug. 19, 2008--The Home Depot Inc. reported a 24 percent decline in second-quarter profits but beat expectations.
Home Building Starts Hit 17-Year Low
Washington, DC, Aug. 19, 2008--U.S. home building starts in July fell 11 percent to the lowest annual rate in more than 17 years, while building permits plunged 17.7 percent, according to the Commerce Department.
Home Builders More Optimistic About Sales
Washington, DC, Aug. 18, 2008--Home builders registered some improvement in their outlook for home sales in the next six months.
Anso Gets MBDC Cradle To Cradle Silver Status
Dalton, GA, Aug. 19, 2008--Shaw's Anso nylon brand has received Cradle To Cradle Silver Certification from McDonough Braungart Design Chemistry, a third party certifier.
Wholesale Inflation Surges in July on Energy Costs
Washington, DC, Aug. 19, 2008--Wholesale inflation in July rose at the fastest pace in 27 years, according to the Labor Department.
Mannington Raising Resilient Prices Oct. 6
Salem, NJ, Aug. 19, 2008--Mannington Mills said it will increase prices on both residential and commercial resilient products, effective with Shipments on Oct. 6.
DuPont Challenges Invista's Trade Secrets Lawsuit
Wilmington, DE, Aug. 19, 2008--E.I. DuPont de Nemours & Co. challenged a trade secrets lawsuit filed by Koch Industries Inc.'s Invista unit against DuPont and France's Rhodia SA (RHA.FR) last week.