Factory Orders Drop in August
Washington, DC, October 4, 2007—Factory orders dropped 3.3% in August, for their largest decline since January, according to the Commerce Department.
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.
Shaw Cutting Jobs at Alabama Plant
Andalusia, AL, October 4, 2007--Shaw Industries will be laying off employees at its plant in Andalusia Alabama, according to reports.
Milliken Contract Wins Silver with Plan A
LaGrange, GA, October 4, 2007--Milliken Contract’s Plan A collection won the Silver Innovation Award in the Modular Carpet category at the 2007 ARIDO Awards of Excellence during IIDEX / NeoCon Canada this week.
Jobless Claims Up 16,000 Last Week
Washington, DC, October 4, 2007—Jobless claims rose by 16,000 to 317,000 in the week ended September 29, according to a Labor Department.
NFIB: Contractors Not Responsible for Subs' Safety
Washington, DC, October 4, 2007--The National Federation of Independent Business Legal Foundation has urged the 8th Circuit Court of Appeals to limit a business owner's liability.
Monster Employment Index Holds Steady in September
New York, NY, October 4, 2007--The Monster Employment Index was flat in September, following a modest rise in August, suggesting relatively cautious online recruitment activity during the final month of the third quarter.
HB Fuller Offers 5-Year Growth Targets
St. Paul, MN, October 4, 2007--HB Fuller said it expects to grow earnings from continuing operations 10% to 15%, on a compound annual basis, through 2012.
ServiceMaster Eyes $750M Loan Sale
Memphis, TN, October 3, 2007--ServiceMaster is expected to sell a $750 million block of its $2.85 billion funded term loan B at a discount of $0.95 on the dollar.
Milliken Registers New York Showroom with LEED
Spartanburg, SC, October 3, 2007--Milliken & Company has registered the Milliken Floor Covering New York showroom in the Greeley Square Building with U.S. Green Building Council’s LEED for Commercial Interiors.
Tarkett Announces Price Increases
Farnham, Quebec, October 2, 2007 – Tarkett North American Residential has increased prices on resilient felt and fiber floor products effective November 1.