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.
Cambridge, MA, Jan. 28--Even with the ups and downs of the broader economy, growth in spending on residential remodeling and repairs has been remarkably steady, with no major downturn since the early 1990s, according to a recent report by The Joint Center
Atlanta, GA, January 24--Home Depot said that it may adopt a shareholder rights plan without prior shareholder approval if its board determines that waiting for consent isn't in the company's best interest.
New York, NY, January 28--The "New Luxury" phenomenon has become such a defining force in the consumer economy that it represented approximately $525 billion in sales in the U.S. in 2004.
Cleveland, OH, January 24--The Sherwin-Williams Co., due to a number of investor inquiries, is clarifying its previous press release of January 19, 2005 in which the company updated its expectations for the fourth quarter and year 2004 which were last ann
Salt Lake City, Utah, January 25--Metro Waste: The company is able to salvage about 55 percent of what comes in from projects such as the Capitol renovation
Villarreal, Spain, January 24--Spanish ceramic floor and wall tile manufacturer Porcelanosa is setting up a new subsidiary which will specialize in the production of bottom-of-the-range red-paste tiles.
Leverkusen, Germany, January 24--Lanxess, the chemical spin-off from Bayer, is to begin trading on the Frankfurt stock exchange on 31 Jan 2005. One Lanxess share will be allocated for every 10 shares in Bayer AG.
Lancaster, PA, January 24--A study to explore how Franklin & Marshall College might re-use most of the Armstrong World Industries floor plant has gotten the state's support, according to the Lancaster New Era.
Ottawa, Quebec, January 24-—Retail sales in Canada remained essentially unchanged in November (-0.1%) at $29.5 billion, as declines in half of all retail sectors offset gains in the other half.
New York, January 28--More than one-quarter (26%) of small business owners identified tax relief as the most pressing issue the new Congress and the President should address, according to the Small Business Monitor by OPEN from American Express.