Tandus 1Q Earnings Up
Dalton, GA, June 13, 2006--Tandus Group, Inc., which includes Collins & Aikman Floorcoverings, Inc., announces its financial results for the first quarter ended April 29, 2006.
Today's Flooring News
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Housing Starts Up 6.4%
Washington, DC, November 17—Housing starts increased about 6.4 percent in October to a seasonally adjusted of 2.027 million, the Commerce Department estimated Wednesday.
Import of Wool Carpet Rises in Japan
Tokyo, Japan, October 22--A moderate upward trend was registered by Japan in its imports of wool carpet imports in second quarter this year after the exceptional volume gains seen in the first quarter.
Tarkett to Increase FiberFloor Production with $20
Farnham, Québec, Canada, October 21 – Tarkett has announced a $20 million investment in the FiberFloor production line at its Farnham, Quebec plant.
Builder Confidence Rebounds In October
Washington, October 19--Robust buyer demand brought on by improving economic conditions, low mortgage rates, and strong house price performance boosted builder confidence in the market for new single family homes to its highest level of the year in Octobe
3M’s 3Q Earnings Up 17%, Miss Estimates
St. Paul, MN, October 18--3M Co. reported profits in the third quarter that were up nearly 17 percent despite increasing raw material price pressure, but fell short of Wall Street earnings and sales expectations.
Trade Deficit Climbs in August
Washington, October 15-- The trade deficit, propelled by a steep foreign oil bill, surged in August to the second highest mark in history.
Rug Company Helps Forming Economies
Philadelphia, PA, October 14--Craftsmen have been weaving carpets in Nepal for thousands of years. Humanitarian Stephanie Odegard is harnessing this traditional art with the aim of reforming the third world, according to the Daily Pennsylvanian.
Coverings 2005 On Pace for Sell-Out
Alexandria, Virginia – October 5 – Nearly eight months before the show, space reservations and sales for Coverings 2005 are on pace for a sold out show in Orlando next May.
Small Furniture Retailers Struggle Against Bigger
Ogden, Utah, October 4---As times change, so does the nature of the retail business. In the 21st century, many of the most successful retailers have lived by the "bigger is better" mantra.