November Durable Goods Orders Up 1.5%
Washington, DC, December 23--New orders for durable goods rose a sharper than expected 1.6 percent in November, according to a Commerce Department released on Thursday.
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.
Consumer Sentiment Up in December
Ann Arbor, MI, December 23--Consumer sentiment according to the University of Michigan improved in late December. The university’s consumer sentiment index improved to 97.1 in late December from 95.7 earlier in the month.
Home Depot Realigns Divisions
Atlanta, GA, December 23-- The Atlanta Journal-Constitution has reported that Home Depot is reorganizing its store divisions, following similar moves last year.
Carpet One and The Marine Toys for Tots Team Up
Manchester, NH, December 23--This holiday season, Carpet One will partner for the seventh consecutive year with The U.S. Marine Corps Reserve Toys for Tots Foundation.
Monsanto to Set Aside $285M for Solutia
St. Louis, MO, December 22--Monsanto Co. said it would set aside $285 million to cover liabilities tied to its former affiliate Solutia Inc. in an initial move to define the cost of a tangle of legal problems stemming from the bankrupt chemical company.
2.6 Million Child Workers Reported in Nepal, Many
Katmandu, Nepal, December 22--Nepal plans to unveil a program to eliminate all forms of child labor by 2014, a senior official said here Tuesday, according to a report from Indo-Asian News Service.
UK Retailer Floors-2-Go Announces Expansion Plans
Birmingham, England, December 22-- A UK flooring company has announced plans to open up to 10 new stores in Northern Ireland, creating more than 50 jobs.
Mannington Awarded ISO 9001 & 14001 Certification
Salem, NJ, December 22--Mannington Mills announced that their Commercial Inlaid Flooring Operation has been certified to the ISO 9001 Quality Standard, and the ISO 14001 Environmental Standard by registrars Deloitte & Touche LLP.
TORLYS Flooring Supplier for New HGTV Show
Mississauga, Ontario, December 22--TORLYS has signed an agreement with Big Coat Productions of Toronto to be the preferred flooring supplier for "My Parents’ House," a new make over program being produced for HGTV Canada.
EQT Acquires Munksjo
Stockholm, Sweden, December 23--The EQT III fund ("EQT") signed an agreement with Jefferson Smurfit Group to acquire Munksjo AB.