Housing Starts Drop 5.6%
Washington, DC, November 17, 2005—Housing starts fell 5.6% in October to a seasonally adjusted annual rate of 2.014 million, the Commerce Department said Thursday.
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.
Homebuilder Centex Sees More Normal Growth
Dallas, TX, November 16, 2005--Homebuilder Centex Corp. said it sees the housing market heading to a more "normalized" growth pace after several years of outsized home price increases, yet still issued a profit forecast for 2007 that was above the consens
Tarkett AG Reports Earnings for First 9 Months
Frankenthal, Germany, November 16, 2005--In the first three quarters 2005, Tarkett AG achieved sales amounting to €1205 million ($1.4 billion) as compared to €1091,1 million ($1.3 billion) in the reference period 2004.
Home Depot 3Q Earnings Up 17%
Atlanta, GA, November 15, 2005--Home Depot in the third quarter reported net earnings that rose 17 percent to $1.5 billion, $0.72 per diluted share.
Green Building Market to Reach $10-$20 Billion in
New York, November 10, 2005--McGraw-Hill Construction (MHC) today released a report indicating the environmentally responsible "green building" market will reach $10-$20 billion over the next five years.
Congoleum 3Q Earnings Off
Mercerville, NJ, November 10, 2005--Congoleum Corp. in the third quarter reported net income of $300,000, compared with $1.2 million in the third quarter of 2004. Diluted net income per share was $.04 for the third quarter of 2005, compared with $0.13 in
Unilin Prevails Over Berry and B&Q in UK Court of
Wielsbeke, Belgium, November 9, 2005 – On November 3, 2005 the Court of Appeal in London ruled in favor of Unilin in the patent infringement case Unilin brought against Berry Floor and B&Q.
de Beaumont Named RFCI President
Washington, DC, November 7, 2005--The Resilient Floor Covering Institute (RFCI) had announced the appointment of Gilles de Beaumont, president of Tarkett Commercial in North America, as the trade organization’s 2006/2007 president.
Demaree Named President CCA Outlet Division
St Louis, MO, November 4, 2005--CCA Global Partners is pleased to announce the appointment of Eric Demaree as President of the Retail Flooring Outlet Division.
Mohawk and DuPont Partner on Sorona Polymer
Wilmington, DL, Dalton, GA, November 4, 2005--Mohawk Industries, Inc. and DuPont today announced an exclusive partnership to provide a new line of residential carpet to the flooring industry.