Mergers Drive Layoffs Up
New York, NY, March 2--Layoffs jumped 17 percent in February to 108,387, boosted by increased merger and acquisition activity, according to international outplacement firm Challenger Gray & Christmas.
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.
Unilin Hiring for New North Carolina Facility
Thomasville, NC, March 2--Hiring continues at Belgian-based manufacturer Unilin Flooring as the company completes work on expanding its facilities to a total of 1.1 million square feet when complete.
Hovnanian Buys Town & Country Homes, 2nd Acquisiti
Red Bank, NJ, March 2--Hovnanian Enterprises Inc. acquired privately held homebuilder Town & Country Homes Inc. for an undisclosed price in a deal expected to boost 2005 earnings by 5 cents per share.
New Era: Ruling Leaves Armstrong Still 'Paraly
Lancaster, PA, March 2-- Armstrong World Industries, according to the Lancaster New Era, still will have to do business with one hand tied behind its back.
Conference Board: Job Satisfaction Continues to F
New York, NY, March 1--Americans are growing increasingly unhappy with their jobs, The Conference Board reports today.
NAR: Sales of Second Homes Surge
Washington, DC, March 1--A new study shows sales of second homes surged in 2004, and that investment property and vacation homes make up a significant portion of the overall housing market.
Construction Spending Record-Setting in January
Washington, DC, March 1—-Construction spending increased 0.7 percent in January to a record $1.047 trillion annual rate, according to the Commerce Department.
Carpet One’s New Store Design Program Increases Sa
Manchester, NH, March 1--Last February, Carpet One unveiled its comprehensive new store planning program, "Destination: Carpet One," designed to help its members create attractive, comfortable and functional retail environments.
Manufacturing Slows in February
Tempe, AZ, March 1--Economic activity in the manufacturing sector grew in February for the 21st consecutive month, while the overall economy grew for the 40th consecutive month.
Flooring America Launches New Marketing Programs
Manchester, NH, March 1--Flooring America and Flooring Canada armed members with new, key marketing programs designed to show the value of national marketing and build their businesses locally.