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.
Dubai, United Arab Emirates, February 7, 2007--Sales at Carpet Oasis, a much sought after venue for carpets and antiques during DSF 2006-2007, reached a monumental Dhs58 million, with Dhs37 million worth of business conducted between merchants.
Chicago, Ill., February 7, 2007--Frank Blake, Home Depot Inc.'s month-long chief executive, made bold statements about conciliation and corporate governance when he named a dissident shareholder to his board this week.
Kaisersesch, Germany, February 2, 2007--Prior to the Domotex in 2007 Classen had reached an agreement with Välinge AB (Sweden) offering a vertical locking system which covered joint marketing and licensing for various types of flooring products.
Neumarkt, Germany, February 2, 2007--Pfleiderer Sweden AB has received the required formal authorization by the German Anti-Trust Office and the US Federal Trade Commission (FTC) to complete the acquisition of Pergo AB.
Washington, DC, February 2, 2007-- Consumer sentiment weakened in late January, according to research at the University of Michigan on Friday.
Washington, DC, February 2, 2007--Nonfarm payrolls increased by 111,000 in January, the Labor Department reported. The jobless rate ticked up to 4.6% in January. This is the highest rate since September.
Houston, TX, February 2, 2007--Flame Seal Products and Songgo-Ritty Lumber Products have agreed to an alliance to provide a new line of wood flooring products, with high performance fire resistance technology from Flame Seal.
Southfield, MI, February 5, 2007--Automotive supplier Lear Corp. said Monday a group affiliated with billionaire investor activist Carl Ichan offered to buy the company for $36 per share, or about $2.61 billion.
London, England, February 5, 2007--Report Buyer, has added a new report on the growth and potential of the U.S. ceramic tile market to its collection.
Viken, Sweden, February 05, 2007--Välinge said that it has recently entered into several extensive patent and technology cooperations with other parties.