Pending Home Sales Off 1.7% in October
Washington, DC, December 4, 2006-- The pending home sales index fell 1.7% in October after a 1.1% drop in September, according to the National Association of Realtors.
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.
Manufacturing Segment Fails to Grow in November
Tempe, AZ, December 1, 2006--Economic activity in the manufacturing sector failed to grow in November for the first time following 41 consecutive months of growth, say the nation's supply executives in the latest Manufacturing ISM Report On Business.
Tandus Ends Bridger's Executive Employment
Dalton, GA, December 1, 2006--Tandus Group, Inc., the sole shareholder of Collins & Aikman Floorcoverings, Inc., said today that the board of directors of each entity has accepted the resignation of Edgar M. Bridger as president and chief executive office
New Home Sales Fall 3.2% in October
Washington, DC, November 29, 2006--Sales of new-homes fell 3.2% in October to a seasonally adjusted annual rate of 1.004 million, the Commerce Department estimated Wednesday.
Architecture Building Index Show’s Sustained Growt
Washington, DC, November 27, 2006--The Architecture Billings Index (ABI), a leading economic indicator of construction activity, continued along the path of modest growth in October.
Congoleum Amends DIP Loan to Lower Interest Rate
Mercerville, NJ, November 21, 2006--Congoleum Corp. said its lender has agreed to lower the interest rate, increase borrowing availability and extend the maturity of its debtor-in-possession loan.
Unilin, Anderson Pen Uniclic Licensing Agreement
Clinton, SC, November 21, 2006 – Anderson Hardwood Floors has concluded a worldwide license agreement with Flooring Industries, the Ireland-based intellectual property company of the Unilin group.
Unilin Files Suit Against Hansol Homedeco in Korea
Wielsbeke, Belgium, November 21, 2006--Unilin announces the filing of a preliminary patent infringement action against Hansol Homedeco before the district court in Seoul, South Korea.
Motyl to Step Down as Amtico North American CEO
Coventry, England, November 17, 2006--Coventry, England, November 17, 2006--David Motyl, CEO of Amtico North America, will leave the company at the end of March 2007. He’ll be replaced by Chris McKee, who’s currently general manager of Flooring Services a