Consumer Confidence Rises
New York, NY, Apr. 27--Greater optimism about the job market pushed consumers' confidence in the economy unexpectedly higher in April.
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.
Timber Resources Expands Into Hardwood Flooring
Wilmington, DE, Apr. 28--Timber Resources International, Inc. announced that it has approved a strategic plan to expand its business operations into hardwood flooring.
Greenspan Sees Long-Term Effect in Oil, Gas Costs
Washington, DC, Apr. 28--Federal Reserve Chairman Alan Greenspan said the recent surge in oil and gas prices appears to be a long-lasting phenomenon.
Pergo May Add New Production Line
Garner, NC, Apr. 28--Pergo is considering a $25 million expansion that would add 60 to 70 jobs at its Garner plant.
Carpet One Intros New Store Design Program
Manchester, NH, Apr. 28--Carpet One has unveiled a comprehensive store planning program aimed at helping its members develop attractive yet functional store environments.
Home Depot Expects Earnings Growth of 10% to 14%
Charlotte, NC, Apr. 26--Home Depot Inc. Chief Financial Officer Carol Tome reiterated the home-improvement giant's forecast that earnings will grow 10% to 14% this fiscal year, excluding the impact of an accounting change.
Anso Nylon to Hold Third Annual Fall Carpet Sale
Dalton, GA, Apr. 27--Honeywell Nylon's third annual “Anso Nylon National Carpet Sale” will be held Sept. 1 through Oct. 16.
Shaw Names Creative Director
Dalton, GA, Apr. 27--Shaw Industries has named Kathy Young to the company’s newly created position of creative director.
DuPont Expects $77 Million Gain for Invista Sale
Wilmington, DE, Apr. 26--DuPont Co. said Monday that it expects to realize a gain of about $77 million from the sale of its Invista textiles and interiors unit to two Koch Industries Inc. units.
Planners Push Green Real Estate Development
New York, NY, Apr. 26--Widespread use of green and sustainable real estate development hinges on convincing the land use industry that applying the practices makes sound business sense, from energy savings to added property value.