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The National Association of Home Builders' (NAHB) Housing Market Index (HMI) rose eight points to 57 in December.

James Hardie Building Products has expanded its U.S. capacity to supply products through the acquisition of Cemplank's fiber-cement operations.

Nearly 1,500 square feet of custom-designed linoleum flooring is now on display at the Smithsonian's Hirshhorn Museum and Sculpture Garden.

The coming year should be as strong for housing as the current year has been, according to Fannie Mae’s chief economist.

Engineering tool manufacturer Illinois Tool Works Inc. said its board of directors has approved the divestiture of its $483 million consumer products business, including its Florida Tile subsidiary.

Mannington has equipped its company website with a new online Virtual Decorator tool that enables customers to select a room scene, then mix and match flooring, wall coverings, draperies, cabinets and upholstery to create a personalized decor.

Domco Tarkett has appointed Jacques Benetreau to take the reins as the company’s treasurer and chief financial officer effective Jan. 1.

Mohawk Industries has increased its estimate of diluted earnings per share for the fourth quarter of 2001 from 74 cents to a range between 90 and 95 cents per share.

The services sector activity unexpectedly grew in November, according to the National Association of Purchasing Management (NAPM).

Existing-home sales will be close to a record this year and, with an economic upturn expected next spring, sales in 2002 will nearly match this year, according to the National Association of Realtors (NAR).