Vitromex Names Regional Manager
San Antonio, TX, January 19, 2006--Vitromex USA has named Ken Davis to the post of regional sales manager for the southeast region.
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.
Housing Starts Off 8.3%
Washington, DC, January 19, 2006—Housing starts fell 8.3% to a seasonally adjusted annual rate of 1.933 million, the lowest level since March, the Commerce Department estimated Thursday.
Paredes Named President & CEO, Hannover Fairs USA
Princeton, NJ, January 19, 2006-- Effective January 1, 2006, Art Paredes has been promoted to the position of president and CEO of Hannover Fairs USA, Inc. , the U.S. subsidiary of Hannover, Germany-based tradeshow organizer Deutsche Messe AG.
SEC To Track Executive Pay
Washington, D.C., January 17, 2006--In a dramatic move, the Securities and Exchange Commission (SEC) announced that it will require companies to fully disclose all details of the compensation packages for top executives.
Empire State Index Slips, Orders Steady
New York, NY, January 17--Growth at New York State factories slowed in January with a drop in inventories although new orders remained positive, the New York Federal Reserve said on Tuesday.
Leggett & Platt Acquires Griptex
Carthage, MO, January 18, 2006--The coated fabrics division of Leggett & Platt recently acquired Griptex, a manufacturer of non-slip textile products for the home.
Roppe Adds 'Green' Vinyl Tile
Fostoria, Ohio, January 16--Roppe Corporation USA has added a solid vinyle tile to its SafeTcork line. Made using post-industrail waste cork, the new tile can contribute toward LEED certification because the material is a renewable resource.
Chase, Reader's Digest Launch Home Repair Cred
Wilmington, Del,, January 17--Opening a new source of credit to flooring-buying homeowners, Chase bank and Reader's Digest announced the launch of a home-improvement credit card with rewards for sizeable remodeling purchases.
U.S. Industrial Production Up in December
Washington, D.C., Jan. 17--According to the Federal Reserve, U.S. industrial production rose 0.6 percent in December, the third consecutive month posting a gain, and production capacity rose to 80.7 percent.
Confrorce to Make Eko-Flor for Royal Group
Toronto, Ontario, January 17, 2006--Conforce International, Inc., developers of EKO-FLOR, announced the signing of an exclusive supply agreement with Royal Group Technologies Ltd.