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.
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.
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.
NanoHorizons Launches New Anti-Odor/Antimicrobial
State College, PA, January 19, 2006--NanoHorizons, Inc. announced new additives for urethane and nylon, adding new nanoscale materials to its existing SmartSilver(TM) line of permanent anti-odor/antimicrobial additives for polyester and 100% cotton.
Interface Receives EPA Landfill Methane Award
LaGrange, GA, January 19, 2006--The U.S. Environmental Protection Agency (EPA) today announced that Interface Flooring Systems is the recipient of the Landfill Methane Outreach Program (LMOP) "Energy Partner of the Year" award.
D.R. Horton Q1 Earnings Up 29%
Fort Worth, TX, January 19, 2006--D.R. Horton Inc., the largest U.S. home builder, said on Thursday that first-quarter profit rose a better-than-expected 29 percent, as sales rose in every region but the Southwest.
Chain Store Sales Off 1.4% Last Week
New York, NY, January 19, 2006--The International Council of Shopping Centers said that, for the week ending Jan. 14, retail chain stores sales fell 1.4 percent.
Home Depot Unveils 2010 Growth Targets
Atlanta, GA, January 19, 2006--Home Depot today unveiled its growth targets for 2010 at its annual meeting with the investment community.
Beazer Home 1Q Earnings Up 29%
Atlanta, GA, January 19, 2006--Beazer Homes USA Inc., reported quarterly earnings that rose 29 percent, as higher sales in the Southeast, Arizona and Colorado outstripped fewer closings in California and Nevada.
Jobless Claims Off 36,000
Washington, DC, January 19, 2006--First-time claims for unemployment benefits plunged by 36,000 to a seasonally adjusted 271,000 in the week ending Jan. 14, the Labor Department said.
NAM: EPA Air Rules Not Based on Good Science
Washington, DC, January 19, 2006 – The National Association of Manufacturers (NAM) today cautioned the Environmental Protection Agency against imposing stringent, new air quality regulations that could impose significant burdens on U.S. manufacturers.