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.

Personal Income, Spending Up Slightly

Washington, DC, May 26, 2006--Personal incomes rose 0.5 percent in April, according to the Commerce Department.

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.

Consumer Sentiment Off May

Ann Arbor, MI, May 26, 2006--Consumer sentiment fell in May, a report showed on Friday.

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’

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.

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.

Weekly Initial Jobless Claims Off

Washington, DC, May 25, 2006--First time claims for unemployment benefits fell to 329,000 in the week ending May 20, the Labor Department said Thursday, a decrease of 40,000 from the prior week.

Nardelli’s $245 Million Pay Spotlighted

Wilmington, DL, May 25, 2006--Bob Nardelli, the chairman and chief executive of Home Depot Inc., will be facing an unusually large group of dogged antagonists at his company's annual meeting on Thursday.