Hovnanian's Monthly Contracts Rise 61.5%
Red Bank, NJ, October 5, 2005—Homebuilder Hovnanian's preliminary net contracts rose 61.5% in September compared to last year, the homebuilder said Wednesday.
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.
ISM Non-Manufacturing Index Falls in September
Tempe AZ, October 5, 2005--Growth at service companies slowed more than expected in September as Hurricanes Katrina and Rita shut down businesses along the Gulf Coast and drove up energy prices to records.
Kmart Names Sr. VP for Kmart Stores and EVP, Restr
Hoffman Estates, IL, October 5, 2005--Kmart Holding, a wholly-owned subsidiary of Sears Holdings has named Donald J. Germano, as senior vice president and general manager for Kmart's more than 1,400 stores.
Edge Flooring Sold
Dallas, TX, October 5, 2005--Edge Flooring LLC, a company sponsored by Hunt Special Situations Group, L.P., announced today it has completed the acquisition of all the assets of TEF, Inc. (d.b.a. Edge Flooring.
CFI & Northern Calfornia Carpet One Dealers Team U
Sacramento, CA, October 5, 2005--CFI and the Carpet One dealers of Northern California, Regional Group #803 joined together to provide an installation-training program on October 21-22, 2005.
Hicks Named VP of LEED Rating System Program
Washington, D.C., October 5, 2005--The U.S. Green Building Council today named Tom Hicks vice president of its popular LEED Green Building Rating System program following Nigel Howard being named chief technical officer in July.
RAK Ceramics in JV with Italian Firm
Abu Dhabi, United Arab Emirates, October 4, 2005 -- Ras Al Khaimah Ceramics has joined forces with an Italian company to form a joint venture company, Chemica.
Rug Expert Richard Walker Dies at 65
Pittsburgh, PA, October 4, 2005 -- Richard T. Walker, 65, owner of Walker Rugs in Mt. Lebanon, Pennsylvania, has died.
Reinhart Resigns as Dow CFO
Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.
Wal-Mart Rotates International and U.S. Execs
Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.