Personal Income and Spending Up in June
Washington, DC, August 2--Personal income was up at a seasonally adjusted annual rate of 0.5% in June, according to the Commerce Department. June’s hike came after an unrevised increase of 0.2% in May.
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.
ServiceMaster 2Q Earnings Up 13.5%
Downers Grove, IL, August 2--ServiceMaster in the second quarter reported an increase in earning of 13.5 percent.
Hunter Douglas Acquires French Sunscreen Fabric Ma
Upper Saddle River, NJ, August 2--Hunter Douglas has acquired 91.8 percent of Mermet and its global operations from the Mermet family.
Specialty Retailers Gaining Market Share
Washington D.C., August 2--After a tough year of consolidations and mergers among department, drug and grocery stores, specialty stores are gaining a wider market share, making them a major force in retailing.
PPG Acquires Asian Maker of Specialty Wood Coating
Pittsburgh, PA, August 2--PPG Industries has acquired Crown Coating Industries of Singapore, a privately held manufacturer of specialty wood coatings. Terms were not disclosed.
BonaKemi USA Names Savage Sports Sales Manager
Aurora, CO, August 2--BonaKemi USA, a leader in hardwood floor finishing and floor care, has added Dennis Savage as sports sales manager for the Western region.
Home Depot Receives Hazardous Waste Subpoena
Atlanta, GA, August 1--Home Depot said it received a federal grand jury subpoena seeking documents and information related to its handling, storage and disposal of hazardous waste.
Manufacturing Activity Up in July
Tempe, AZ, August 1--Economic activity in the manufacturing sector grew in July for the 26th consecutive month, while the overall economy grew for the 45th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On
House Passes Association Health Plan Legislation
Washington, DC, August 1--The U.S. House of Representatives on July 27 passed the Small Business Health Fairness Act (H.R. 525), a bill that permits the formation of association health plans (AHPs).
Tennant’s 2Q EPS Up 80%
Minneapolis, MN, August 1, 2005—-Maintenance products company Tennant today reported net earnings of $6.7 million, or $0.74 per diluted share, on net sales of $137.1 million for its second quarter ended June 30, 2005.