Antron Recertified as Environmentally Preferable P
Atlanta, GA, May 27--Invista announced today the re-certification of Antron carpet fiber as an Environmentally Preferable Product (EPP) by Scientific Certification Systems (SCS).
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.
Home Depot Increases Dividend by 25%
Atlanta, GA, May 26--Home Depot announced that its Board of Directors increased its quarterly cash dividend to eight and a half cents per share, an annual increase of 25 percent.
Armstrong Bankruptcy Update
Lancaster, PA, May 26--May 25--Once upon a time, Armstrong World Industries thought it would be out of bankruptcy last summer, according to the Lancaster New Era.
New Home Sales Fall 11.8%
Washington, DC, May 26--Sales of new U.S. homes sagged well below expectations in April to post their biggest monthly drop in more than ten years.
Dow Chemical's Rick Hamilton to Retire
Dalton, GA, May 26--Rick Hamilton, North American Senior Commercial Manager for Dow Emulsion Polymers' carpet business, will retire from The Dow Chemical Company on June 30 after more than 29 years of service.
Flooring Firm Faces Racketeering Trial
Gainesville, GA, May 26--More than 120 complaints against a Gainesville-based Internet business are enough to put its two operators on trial for racketeering, said a Hall County Magistrate, according to the Gainesville Times.
NWFA, Retailers: Lots of Hardwood Flooring Options
Washington, DC, May 26--A few years ago, homeowners who wanted a hardwood floor had anywhere from 20 to 30 tree species from which to select.
Carnegie Mellon Spinoff Looks to Develop Conductiv
Pittsburgh, PA, May 26--From static-free flooring to more reliable cell phones, a Carnegie Mellon University spinoff sees green in the potential for conductive polymers--and so do some investors.
April Existing Home Sales Short of Record
Washington, DC, May 25--Sales of existing single-family homes rose for the third consecutive month and were at the second-highest pace on record, according to the National Association of Realtors.
Consumer Confidence Holds Steady
New York, NY, May 25--The Conference Board’s Consumer Confidence Index, which had improved last month, was virtually unchanged in May.