Inventories Up 0.7%, in December, Sales up 1.2%
Washington, DC, February 14, 2006--Business inventories tightened in December as the 1.2% increase in sales outpaced inventory gains of 0.7%, the Commerce Department said Tuesday.
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.
Kronopol Opens South Carolina Facility
Toronto, Ontario, February 14, 2006--Kronopol Marketing, the North American division of Kronopol, has opened a second facility in Greenville, SC, for the distribution of its flooring products.
Online Help-Wanted Ads Rebound
New York, NY, February 14, 2006--Online job ads rebounded sharply in January to 2,162,000 new unduplicated online job ads posted for the calendar month, according to The Conference Board Help-Wanted OnLine Data Series.
Coverings 2006 Fetes Installers, Contractors and F
Alexandria, Va, February 14, 2006--Any of the more than 32,000 tile and stone professionals who attend Coverings 2006 will agree that there is a lot of business to be conducted during the four-day expo and conference, April 4-7, in Orlando, Florida.
Home Depot/Hughes Acquisition Clears Antitrust Per
Orlando, FL, February 14, 2006-- Home Depot’s acquisition of the Orlando, Florida-based, Hughes Supply, the distributor of construction, repair and maintenance-related products, cleared the waiting period under U.S. antitrust law, according to Hughes.
Chain Store Sales Off Last Week
New York, NY, February 14, 2006--Weekly chain stores sales last week slipped 0.4 percent, an industry group said Tuesday.
Kronopol Marketing Announces Regional Appointments
Toronto, Ontario, February 14, 2006--Kronopol Marketing, manufacturer and distributor of advanced environmental flooring products, announces new appointees to the position of regional sales manager.
Garland Floor Announces Sale, New Officers
Cleveland, OH, February 13, 2006--Garland Floor Company today announced the sale of the firm to ICS Building Technologies Corp., a construction chemicals firm with operations in Japan, Asia Pacific and North America.
China Trade Bill to Promote Reform
Washington, DC, February 13, 2006--Senators Lindsey Grahm (R,SC) and Byron Dorgan (D,ND) introduced a bill Thursday that would revoke the trade status that makes China eligible for low tariff rates on U.S. imports.
CRI Seal of Approval Program Taking Off
Dalton, GA, February 13, 2006--Ten new extractors have earned the Carpet & Rug Institute’s Seal of Approval certification, having passed stringent tests.