Chinese Wood Firm Accused of Fraud
Bejing, China, June 28, 2011 -- Muddy Waters Research, a specialist in Chinese companies, said that Sino-Forest, parent company of Chinese flooring firm Sino Maple, has been engaged in fraud.
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.
Carpetright Sees Lower Revenue, Cuts Dividend
London, England, June 28, 2011 -- Carpetright, Europe's leading specialist carpet and floor covering retailer, said total revenue fell 5.8% in the year to end-April.
Dal-Tile Named Dallas 'Business of the Year'
Dallas, TX, June 28, 2011 -- Dal-Tile Corporation was named the “Business of the Year” by the Southeast Dallas Chamber of Commerce this month.
Pfleiderer Closing Hessen Fiberboard Plant
Neumarkt, Germany, June 28, 2011 -- Pfleiderer will close its fiberboard facility in Hessen on June 30.
Gerflor Says Treatment Eliminates Wax, Polish
Chicago, IL, June 28, 2011 -- Resilient flooring firm Gerflor said it using a patented surface treatment called Evercare for its Mipolam Symbioz bio based homogeneous vinyl sheet flooring that eliminates the need for wax or polish.
NeoCon Says Attendance Rose This Year
Chicago, IL, June 27, 2011 -- NeoCon organizers said the 43rd annual show attracted 42,899 industry personnel, a 4% increase from 2010.
NAM Economist Sees Stronger Growth Ahead
Washington, DC, June 27, 2011 -- While much of the economic data last week was somewhat negative, some economists believe the Federal Reserve may start raising interest rates.
Consumer Spending Flat in May
Washington, DC, June 27, 2011 -- Consumer spending in May was at its weakest pace in 20 months, according to the Commerce Department.
MMPI Names Falanga President
Chicago, IL, June 27, 2011 -- MMPI, the owner of the NeoCon trade show, said that Mark Falanga, a 17-year veteran of the organization, has been named president effective July 23.
Mortgage Rates Little Changed Last Week
Washington, DC, June 27, 2011 -- Mortgage rates changed little for a second straight week last week, according to the latest survey from Freddie Mac.