Asia Dekor Holdings Reports Annual Results
Shenzhen, China, May 30, 2006--Asia Dekor Holdings Limited, a producer and distributor of laminated floor and related products in Asia, announced its annual results for the year ended 31 March, 2006.
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.
1Q Commercial/Multifamily Originations Up 34%
Washington, DC, May 26, 2006--During the first quarter of 2006 commercial and multifamily mortgage bankers' loan originations increased 34.2 percent compared to the same quarter last year, according to the Mortgage Bankers Association (MBA).
Robina Adds Baseball Star to Sales Force
Kennesaw, GA, May 26, 2006--Robina Floors announced the addition of Matt Murray to the sales team. Matt will be the territory manager for Georgia where he will take care of retailers’ needs directly.
Teragren Signs With Distributor T&A Supply
Bainbridge Island, Washington, May 25, 2006--Teragren, manufacturer of environmentally-friendly bamboo flooring, panels and veneer, announced that it has signed an agreement with T&A Supply to exclusively provide Teragren bamboo flooring products to T&A’
Consumer Sentiment Off May
Ann Arbor, MI, May 26, 2006--Consumer sentiment fell in May, a report showed on Friday.
Home Depot Investors Criticize CEO Pay, Arrogance
Atlanta, GA, May 26, 2006--Home Depot shareholders had harsh words for chairman and chief executive Robert Nardelli on Thursday, but rejected a proposal that would let investors cast an advisory vote on executive pay packages.
Nourison Breaks Ground for New Facility
Calhoun, GA, May 26, 2006--Nourison Rug Corp., broke ground Wednesday for a 300,000-square-foot warehouse and distribution facility on U.S. 41 at Union Grove Road.
Kronospan Seeking Government Incentives
Bratislava, Slovakia, May 26, 2006--Kronospan wants to invest more than Sk12bn in Slovakia asking the government for investment incentives worth Sk3.64bn, says a document published by the Economy Ministry.
Personal Income, Spending Up Slightly
Washington, DC, May 26, 2006--Personal incomes rose 0.5 percent in April, according to the Commerce Department.
Lowe's Announces 2-for-1 Stock Split
Charlotte, NC, May 25, 2006--Lowe's board of directors has announced a two- for-one split of its common shares. Shareholders will receive one additional share for each share held as of the June 16, 2006 record date.