McGrath Named INSTALL Director
Philadelphia, PA, October 10, 2006--John T. McGrath, Jr., has been appointed as the new director of the International Standards and Training Alliance (INSTALL).
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.
D.R. Horton 4Q Orders Off 25%
Fort Worth, TX, October 10, 2006--D.R. Horton Inc. said Tuesday that new home orders for the fourth quarter ended Sept. 30 fell 25 percent to 10,430 from 13,950 homes in the year-ago period.
Chinafloors Signs Agreement with Valinge
Shanghai, China, October 9, 2006--Välinge Innovation AB has recently signed a license agreement in China with Chinafloors Timber Shanghai Ltd.
Report: Existing Home Prices to Drop 3.6% in 2007
New York, NY, October 6, 2006—The Economy.com unit of Moody's issued a report predicting that median existing-home house prices will fall 3.6% next year in the U.S., with some areas falling as much as 20%.
Home Depot to Hire 1,000
Atlanta, GA, October 5, 2006--Home Depot said that it is hiring more than 1,000 new employees in the U.S. as part of its latest effort to improve its stores. The company said that it is seeking in particular applicants with specialty, skilled trades and p
Construction Spending Up in August
Washington, DC, October 2, 2006--- Construction spending unexpectedly rose by 0.3% in August despite a 1.5% drop in outlays on private residential building projects, the Commerce Department said Monday.
Tarkett AG to Acquire Remainder of Sintelon Ad
Backa Palanka, Serbia, October 2, 2006--Tarkett AG placed a bid to acquire the remaining 57% majority stake in Sintelon Ad for YUG7.728 billion (US$118.84 million).
Flooring Installation to be Taxed in New Jersey
Trenton, NJ, October 2, 2006-- A whole series of previously untaxed services in the state of New Jersey have become the subject to sales tax.
Mohawk University Receives Awards
Dalton, GA, October 2, 2006--Mohawk University, the training arm of Mohawk Industries, has been recognized with a number of new awards for its innovative education programs targeted to floorcovering dealers, retail sales associates, and installers.
Mohawk FloorCare Essentials Listed on EPA
Dalton, GA, September 29, 2006--Mohawk FloorCare Essentials has been listed among compliant products within the U. S. Environmental Protection Agency’s “Design for the Environment” (DfE) program for formulators of chemical products.