Howard Olansky, 1928-2006
Woodland Hills, CA, December 20, 2006--The floor covering industry mourns the loss of journalist and publisher Howard Olansky who died yesterday in Los Angeles after a brief illness. He was 78.
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.
Builder Confidence Down One Point
Washington, DC, December 18, 2006--Heading into the holidays, builders of new single-family homes continue to believe that the worst of the downswing in home buying is behind them, according to the National Association of Home Builders/Wells Fargo Housing
Pergo Expands Relationship with Sam’s Club
Trelleborg, Sweden, December 18, 2006--Pergo AB said it has entered into a supply agreement with Sam’s Club Mexico, making Pergo the sole supplier of laminate flooring and accessories. The agreement represents a significant expansion of Pergo’s and Sam’s
Home Depot to Oppose Proposal from Relational Inve
Atlanta, GA, December 18, 2006--Relational Investors, LLC, an investment firm, intends to submit a proposal at the next annual meeting of Home Depot shareholders.
ProSource Targets Top Urban Markets with New Forma
St. Louis, MO, December 15, 2006--As part of a national growth strategy to enter the top U.S. home improvement markets, ProSource Wholesale Floorcoverings said it will launch a new, design-centered format showroom for metropolitan markets.
Evergreen to Restart in 1Q
Augusta, GA, December 12, 2006--Augusta's long-dormant Evergreen Nylon Recycling plant will be restarted early next year, creating up to 100 jobs and keeping nearly 70 million pounds of waste carpet out of regional landfills.
Jim Jolly to Step Down as J&J Industries CEO
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
Tandus 3Q Earnings Up
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.
Home Depot Set to Unveil China Deal
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.
Anderson Hardwood Opens Bob Anderson Design Center
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.