Unemployment Falls to 7% in November
Washington, DC, Dec. 6, 2013 -- Nonfarm payrolls increased by 203,000 new jobs last month and the unemployment rate fell to 7%, the Labor Department said.
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.
Housing Market Continues Upward Trend
Washington, DC, Dec. 6, 2013 -- Markets in 54 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity.
Mohawk Announces Investment at Dalton Event
Dalton, GA, Dec. 6, 2013 – Georgia Gov. Nathan Deal on Friday attended an event at Mohawk’s industrial park yarn facility, where the company announced a $52 million investment in bulk continuous filament (BCF) yarn conversion equipment.
BOY Award Winners Announced
New York, NY, Dec. 6, 2013--Interior Design's Best of Year 2013 award ceremony was held last night at the IAC Building in New York.
Bostik Promotes Banda to Director of Marketing
Wauwatosa, WI, Dec. 6, 2013 -- Adhesives maker Bostik said it promoted Scott Banda to director of marketing for its consumer and construction business unit.
Personal Income Edges Down, Spending Up
Washington, DC, Dec. 6, 2013 -- Personal income decreased modestly in October, although personal spending rose, according to the Commerce Department.
New Valinge U.S. Patent Extends System to LVT
Viken, Sweden, Dec. 6, 2013 -- Valinge Innovation AB said it has received a U.S. patent that expands its mechanical locking system to include luxury vinyl tile.
Nora Systems Gets New Minority Shareholder
Salem, NH, Dec. 6, 2013 -- Intermediate Capital Group plc had taken a minority stake in rubber flooring firm Nora systems as part of a refinancing agreement.
China Ceramics Must Add Independent Director
Jinjiang, China, Dec. 6, 2013 -- China Ceramics Co. said it has received a letter from the NASDAQ stock exchange indicating that the company's board doesn't comply with listing requirements.
Mohawk To Convert Plants for BCF Production
Calhoun, GA, Dec. 5, 2013 -- Mohawk Industries said it will convert manufacturing facilities in Dalton and Rome to handle bulk continuous filament.