Greenspan: Housing Market Worst May be Over
Washingotn, DC, October 10, 2006--The housing market appears to be emerging from its recent travails and the "worst may well be over," according to former Federal Reserve Chairman Alan Greenspan.
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.
Report: Small Business Signals Slower Growth
Washington, DC, October 10, 2006--Small business hopes rebounded in September as the National Federation of Independent Business Small-Business Optimism Index rose 3.5 points to a more normal level of 99.4.
CRI Certifies Two New Solutions for Seal of Approv
Dalton, GA, October 9, 2006--A spot-remover and a prespray are the latest two products to join the CRI Seal of Approval family as word continues to spread that some carpet manufacturers have made a decision to tie carpet warranties to the use of CRI SOA-a
Horner Flooring Strike Ends
Dollar Bay, MI, October 8, 2006--One month after union members at Horner Flooring went on strike in a contract dispute, they are going back to their jobs.
Ade and Powell, 2006 NTCA Ring of Honor Inductees
Filling Marble and Tile in Cologne, N.J. and Harvey Powell, formerly of the Noble Company, have received the NTCA Third Annual Ring of Honor.
Chinafloors Partners up with Valinge
Shanghai, China, October 6, 2006--Välinge Innovation AB has recently signed a license agreement in China with Chinafloors Timber Shanghai Ltd. The agreement covers glue free laminate flooring as well as wood flooring.
Kronospan May Get €35M Loan for Polish Facility
Menznau, Switzerland, October 6, 2006---The European Bank for Reconstruction and Development (EBRD) could organize a syndicated loan totaling 35 million euros for the development of woodworking production at Poland's Kronospan plant.
"Good Morning Carpet One" On Air
Manchester, NH, October 4, 2006--Heartwood Media, a Manchester, NH video production company was asked by CCA Global Partners to produce a morning talk-show style training program that educates their Carpet One members about the Less Carpet brand.
Topps Tiles Earnings Improving
London, England, October 3, 2006--Ceramic tile and wood-flooring specialist Topps Tiles said on Tuesday it has seen some improvement in earnings after it expected slightly lower year underlying profit and like-for-like revenues.
Chain Store Sales Off Last Week
New York, NY, October 3, 2006--Chain store sales for the week ended Sept. 30 rose 3.3% compared to the same period a year ago, according to a survey released Tuesday by the International Council of Shopping Centers and UBS Securities.