Domotex Middle East Feeds Construction Boom
Dubai, United Arab Emirates, May 25, 2006--The Gulf's booming construction industry is paying rich dividends for international and domestic carpet and floor covering manufacturers.
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.
Hot Sales Trigger Expansion for Florida Firm
Orlando, FL, May 25, 2006--Record sales help drive Orlando-based Blackton Inc.'s need to expand in Central Florida.
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.
Help-Wanted Advertising Index Dips
New York, NY, May 25, 2006--The Conference Board Help-Wanted Advertising Index--a key measure of job offerings in major newspapers across America--dipped two points in April.
1Q GDP Revised Up to 5.3%
Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.
House R&D Funds Vote Cheers Manufacturers
Washington, DC, May 25, 2006--In a 404 to 20 vote yesterday, the House approved the first major increase in almost 15 years for the Department of Energy Office of Science, which is responsible for the critical national laboratory system that dates to Worl
Lowe's Confident of 2006 Outlook
Charlotte, NC, May 25, 2006--Today at its annual meeting of shareholders, Lowe's Chairman, president and CEO Robert A. Niblock said the company remains confident in its outlook for 2006.
Existing-Home Sales Slip in April
Washington, DC, May 25, 2006--Existing-home sales eased in April on the heels of a two-month rebound, according to the National Association of Realtors.
Aquafil USA Moves to New Facility
Cartersville, GA, May 25, 2006--Aquafil USA Inc., is moving into its new 140,000 square foot building in Cartersville, Georgia. The facility, will house, a new fiber extrusion plant and an improved twisting, heatsetting and air entanglement operation.
Thomas Industries Sees Management Changes
Dalton, GA, May 25, 2006--Thomas Industries, LLC, a manufacturer of broadloom carpet for the hospitality industry, residential home centers, and other specialty markets, announced today several important management changes.