Iaquinto Joins Formica Flooring
Barnwell, SC, December 26, 2006--Formica Flooring has named Mark Iaquinto to the post of Northwest Regional Sales Manager. He will work with Formica Flooring distributors Midwest Flooring and SeaPac Sales.
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.
Old Lumber Building a Niche
Seattle, WA, December--The owner of Windfall Lumber, Royer has carved out a boutique niche in Washington's wood-products industry by recycling castoff wood into flooring, moldings and countertops rather than see it carted off to the dump.
Commerce Secretary Issues Statement on 3Q GDP
Washington, DC, December 26, 2006--Commerce Secretary Carlos M. Gutierrez released the following statement on the final third quarter real gross domestic product (GDP) report, which showed that the American economy grew at two percent in the third quarter
NRF to Honor Retail Visionaries
Washington, DC, December 26, 2006--The National Retail will honor Reed Hastings, Founder, Chairman and CEO, Netflix, as the Innovator of the Year and Kishore Biyani, Founder and Managing Director, Pantaloon Retail (India) Limited, as International Retaile
Millstream Investors Reject Sprinturf Acquisition
Wayne, PA, December 22, 2006--Millstream II Acquisition Corp. shareholders rejected proposals by management to acquire Sprinturf, a developer and installer of synthetic turf for athletic fields.
Philadelphia Fed Manufacturing Index Contracts
Washington, DC, December 21, 2006--Manufacturing activity contracted in the Philadelphia region in December, the Federal Reserve Bank of Philadelphia reported Thursday.
Goodfellow Approves Two-for-One Stock Split
Delson, Quebec, December 21, 2006--Lumber and hardwood flooring distributor Goodfellow Inc. said its board of directors has approved a two-for-one stock split of the company's common shares outstanding.
Weekly Initial Jobless Claims Up
Washington, DC, December 21, 2006--The number of Americans filing applications for unemployment benefits climbed back in the latest week, while the number of workers continuing to claim benefits rose to its highest level since the beginning of the year.
Report: Online Holiday Spending Forecast at $24.6B
Reston, VA, December 21, 2006--Estimates for consumer online non-travel retail spending at U.S. web sites for the 2006 holiday season through Monday, December 18, according to ComScore Networks, reached $20.65 billion, marking a 25-percent increase versus
Millions Face Foreclosure on Subprime Mortgages
Washington, DC, December 20, 2006--A new Center for Responsible Lending (CRL) study reveals that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures in the subprime mortgage market.