New York, NY, June 24, 2008— After almost 30 years of being based in Brooklyn, Consolidated Carpet has moved its operations to a newly purchased 80,000 square foot corporate operations center and sales office in Carlstadt, N.J., which replaces its Brooklyn facility. Company headquarters will remain on 25th Street in Manhattan.
The facility is designed as a total showroom. Every part of the exposed floor will showcase a product furnished and installed by Consolidated, including a warehouse that will feature a number of industrial flooring systems, a new market for Consolidated.
“The move to New Jersey presents a number of significant opportunities, not only to grow, but also to improve our efficiencies and provide an unparalleled level of service to our clients,” said David Meberg, president of Consolidated.
In the past two years, Consolidated has focused on broadening its market breadth by exploring market segments outside of its core commercial carpet background. It has expanded its capabilities in the hard goods market and in self-leveling and poured surface finishes. For example, its work at Citi Field, new home of the New York Mets, includes over 25 different finishes including carpet, rubber, linoleum, raised flooring, sport surfaces and finished concrete.
|
Zebra Rugs at Penney Being Recalled
|
Full Article
|
| Washington, DC, Sept. 12, 2008--About 2,000 JLA Home zebra rugs sold at JC Penney stores are being recalled because they do not meet the federal flammability standard for small rugs and do not have the required flammability warning label. |

|
|

|
|

|
|
One Measure of Consumer Confidence Spikes Higher
|
Full Article
|
| New York, NY, Sept. 12, 2008--Consumer confidence has improved heading into fall, due partly to dips in gas prices and excitement over the presidential race, according to the Royal Bank of Canada Consumer Attitudes and Spending by Household Index.
|

|
|

|
|

|
|

|
|

|
|
Texas Invista Plants Closing for Ike
|
Full Article
|
| Houston, TX, Sept. 12, 2008--Koch Industries subsidiary Invista has begun to shut down temporarily three of its plants in south Texas because of hurricane Ike and told those employees not to report for work today.
|

|
|

|
|

|
|

|
|
Jobless Claims Higher Than Expected
|
Full Article
|
| Washington, DC, Sept. 11, 2008-- Initial jobless claims for unemployment insurance were higher than expected last week, while total benefit rolls rose to the highest level in almost five years, according to the Labor Department. |

|
|

|
|
Imports, Exports Set Records as Deficit Swells
|
Full Article
|
| Washington, DC, Sept. 11, 2008--The U.S. trade deficit rose in July to the highest level in 16 months as oil imports hit an all-time high, offsetting strong export growth. The deficit with China climbed to the second highest level on record. |

|
|
Kährs Expanding Plant in Sweden
|
Full Article
|
| Nybro, Sweden, Sept. 9, 2008--Wood flooring manufacturer Kährs is investing $14.8 million at its Nybro factory in Sweden but will also lay off about 245 employees because of weak market conditions, Timber Industry Magazine reported.
|

|
|

|
|
British Builder Offers Unusual Incentive
|
Full Article
|
| London, England, Sept. 10, 2008--Barratt Developments PLC, Britain's second-biggest house builder by volume, said that full-year profits fell by 71 percent as the credit crunch depressed sales in the second half. |

|
|

|
|

|