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.
Dalton, GA, December 12, 2006--J&J Industries has said that Jim Jolly will step down as chief executive officer, effective December 11, 2006. Jolly, 65, whose father co-founded J&J, has been with the company for 40 years and has held the offices of chairm
Dalton, GA, December 12, 2006--Tandus Group, in the third quarter reported adjusted EBITDA that increased to $12.6 million from $6.8 million for the same period of last year.
London, England, December 11, 2006--The Financial Times has reported that Home Depot is preparing to spend $100 million on a majority stake in Chinese chain HomeWay in a deal that will be unveiled in China this week.
Clinton, SC, December 11, 2006--Four generations of the Anderson Family gathered Friday for a ribbon cutting ceremony unveiling the new Bob Anderson Design Center, named for the late owner of Anderson Hardwood.
Washington, DC, December 11, 2006--Existing-home sales, finishing the third-best year on record, are projected for 2006 at 6.47 million, a decline of 8.6 percent, according to the latest forecast by the National Association of Realtors.
Hong Kong, December 7, 2006--Techtronic Industries Co. said it has entered into a purchase agreement to acquire the Hoover floor care business from Whirlpool Corporation.
Washington, DC, December 7, 2006--Traffic at the nation’s major retail container ports is slowing down for the winter after hitting its annual peak.
Atlanta, GA, December 6, 2006--Home Depot Inc. said late Wednesday that it "routinely" backdated stock options.
Linwood, PA, December 6, 2006--Foamex International has named Stephen E. Markert, Jr. interim chief financial officer, effective immediately.
Washington, DC, December 6, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending December 1.