Välinges Granted First Machine License
Viken, Sweden, January 11, 2007--Välinge has granted its first machine license for an edge-covering device to the German machine producer Schiele Maschinenbau Gmbh.
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 Appears in Beijing
Beijing, China, January 10, 2007--Home Depot has opened its first store in Beijing after acquiring the operating right of Home World's 12 multiple shops in six Chinese cities.
Payrolls Grow by 167,000 in December
Washington, DC, January 5, 2007--Employers added 167,000 workers to payrolls in December and incomes grew by the most in eight months, according to a report from the Labor Department. The jobless rate held at 4.5 percent.
Early Bird Deadline for Surfaces: Monday January 8
Dallas, TX, January 5, 2007--The early bird deadline to register for free exhibit admission at Surfaces 2007 is Monday January 8. This will also be the last day for discounted pricing on the conference program.
Home Depot Upgraded by Raymond James
New York, NY, January 3, 2007--Home Depot was upgraded by Raymond James to strong buy from outperform on the belief that 2007 will be a "better year" than 2006 for the home improvement retailer, as the worst appears to have passed for the housing market.
Solutia Posts $7M Loss in November
St. Louis, MO, December 29, 2006--In a monthly report filed with the Securities and Exchange Commission, Solutia on Thursday reported a $7 million net loss for November, down from a net loss of $9 million in October.
Chicago Purchasing Managers' Index Up
Chicago, IL, December--A gauge of business activity rebounded from the first contraction in more than three years as orders and production increased, according to a Chicago-based purchasing managers' group.
Flooring America Donates $65,000 to American Heart
Manchester, NH, December 27, 2006--When Flooring America joined forces with the American Heart Association’s Go Red For Women movement earlier this year, the company hoped it could do some good.
Report: Carpetright Chief Plans Boardroom Shake-Up
South Mall, Ireland, December 26, 2006--The founder of Carpetright is planning a shake-up at the retail group which will see the dual role of chairman and chief executive split, according to a report.
Solutia Seeks Court OK for CEO Raise
St. Louis, MO, December 22, 2006--Solutia Inc. will seek bankruptcy court approval of a raise for Chief Executive Jeffry Quinn, according to a regulatory filing Wednesday.