Housing Affordability Up in 1Q
Washington, DC, May 6--Housing affordability conditions have improved for two consecutive quarters, keeping housing within reach for people in most of the country.
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.
Productivity Up in 1Q
Washington, DC, May 5--Productivity in the first quarter grew at a seasonally adjusted annual rate of 2.6%, according to a Labor Department report.
Phoenix Intros VECS Machines for Carpet Industry
Atlanta, GA, May 5, 2005 -- Phoenix Automation, an Atlanta-based machine automation company has introduced a new family of automation machines for the carpet industry.
Carpet Exchange Plans Expansion
Boulder, CO, May 4---Carpet Exchange has purchased a new property in Boulder, Colorado, and plans to build a 7,800-square-foot building there to replace its existing Boulder showroom.
Walt Legenstein Receives Outstanding Service Award
Millersville, MD, May 5--Walt Legenstein of Certified Carpet in Lancaster, Pa., was recently recognized by the Association of Specialists in Cleaning and Restoration (ASCR).
Pete Johnson Jr. Named Tile Person of the Year
Orlando, FL, May 5--Peter C. Johnson, Jr. was awarded the Tile Council of North America’s (TCNA) prestigious 2005 Tile Person of the Year award.
Foamex Reorganizes its Management
Linwood, PA, May 5--Foamex International Inc. announced that it is reorganizing its management and business unit structure.
Companies Planned Fewer Layoffs in April
New York, May 4--Job reductions announced by US companies declined last month to the lowest level since November 2000.
Leggett & Platt’s 2Q Dividend Up 14%
Carthage, MO, May 5--Diversified manufacturer Leggett & Platt's Board of Directors declared a second quarter dividend of $.16 per share today.
Chain Store Sales Up Last Week
New York, May 4--Chain store retail sales rose 0.5 percent in the week ended April 30, compared with a 0.3 percent decline the previous week.