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, April 4, 2008--Home Depot has agreed to pay $14.5 million in a settlement with shareholders who sued the company over former CEO Bob Nardelli's $210 million severance package, according to a filing with the Securities and Exchange Commission.
Washington, DC, April 3, 2008—Recent studies by the New Buildings Institute (NBI) and CoStar Group, have validated that third party certified buildings outperform their conventional counterparts.
Feilding, New Zealand, April 4, 2008--Workers in one of New Zealand's largest carpet factories are clocking out for the last time on Friday.
Northlake, IL, April 4, 2008 -- Empire Today has launched its customer testimonial blog: Empire Flooring Stories.
London, England, April 4, 2008—Carpet manufacturer Brintons said it will close its Breakwater, Australia plant in June.
Dalton, GA, April 3, 2008-- Shaw Industries and Versatile Systems Inc. have partnered with CitiFinancial to streamline the credit application process for flooring retailers and consumers with an in-store kiosk.
Brussels, Belgium, April 3, 2008--Balterio and Unilin have signed a worldwide license agreement, giving Balterio the right to sell its products throughout the world and ending pending litigation in Europe.
Neumarkt, Germany, April 3, 2008--Pfleiderer reported a record year in 2007 "despite a challenging environment."
Washington, DC, April 3, 2008--Initial unemployment claims for the week ending March 29 rose by 38,000 to 407,000, the highest level since mid-September 2005, according to the Labor Department.
Washington, DC, April 3, 2008--Homebuilders and the mortgage industry may be big winners in an agreement reached by Senate leaders.