Today's 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.

New Home Sales Fall in July   Full Article
Washington, DC, Aug. 25, 2014 -- Sales of new single-family home fell again in July, according to the Commerce Department.

Van de Wiele To Build Chattanooga Facility   Full Article
Chattanooga, TN, Aug. 25, 2014 -- Van de Wiele, one of the largest manufacturers of high performing machines for the textile industry, said it plans to invest $5 million in a Chattanooga facility.

Mortgage Rates Hit Lowest Level in Over a Year   Full Article
Washington, DC, Aug. 25, 2014 -- Mortgage rates last week fell to their lowest level in over a year, according to Freddie Mac.

Mountain Resource Center Coordinates Large Donation   Full Article
E. Canton, OH, Aug. 25, 2014 -- Mountain Resource Center has coordinated a flooring donation from commercial flooring firm Rubenstein’s to benefit several charitable organizations.

Armstrong Shares Downgraded but Consensus is Positive   Full Article
New York, NY, Aug. 25, 2014 -- Despite a downgrade to "underperform" by analyst Zacks, shares of Armstrong World Industries have been given a consensus rating of “buy” by the dozen ratings firms that are currently covering the stock.

Business Economists Say Policy on Right Track   Full Article
Washington, DC, Aug. 25, 2014 -- The National Association for Business Economics' economic policy survey found that 53% of business economists believe U.S. monetary policy is on the right track.

Card-Monroe Has 16 Patents for ColorPoint   Full Article
Chattanooga, TN, Aug. 22, 2014 -- Card-Monroe Corp. said it has been granted its 16th patent for its ColorPoint technology tufting machines.

Home Flipping in Decline   Full Article
Irvine, CA, Aug. 22, 2014 -- Fewer investors are flipping homes, according to a report by tracking firm RealtyTrac.

Home Depot CEO Blake Stepping Down   Full Article
Atlanta, GA, Aug. 22, 2014 -- Home Depot is getting a new CEO.

Broward Named EVP of Marketing for AmericasMart   Full Article
Atlanta, GA, Aug. 22, 2014 -- Douglas Broward has been named executive vice president of marketing for AmericasMart.