Investment Firm Increases Stake in LL
Washington, DC, April 1, 2011 --Merchants' Gate Capital disclosed that it holds a 6.12% stake in Lumber Liquidators Holdings Inc. with 1.69 million shares.
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.
Exports Help UK's Halstead Grow Sales
London, England, April 1, 2011 -- Flooring manufacturer James Halstead, based in Radcliffe, said it has achieved record levels of growth, spurred by an increase in export business.
Proposed Mortgage Rules Too Harsh: NAHB
Washington, DC, March 31, 2011 -- The National Association of Home Builders hosted a media teleconference to discuss the impact that proposed lending rules would have on the housing market.
CEOs Say They Plan To Increase Hiring
Washington, DC, March 31, 2011 -- CEOs say they anticipate higher sales and plan to increase capital expenditures and employment over the next six months, according to the results of Business Roundtable.
Universal Textile, Yellowstone Form Partnership
Dalton, GA, March 31, 2011 -- Universal Textile Technologies said it has entered a new recycling partnership with Yellowstone National Park to reduce the amount of plastic bottles that go into landfills.
UK Builder Selling U.S. Operations
London, England, March 31, 2011 -- U.K. home builder Taylor Wimpey is leaving North America.
Unemployment Claims Fell Again Last Week
Washington, DC, March 31, 2011 -- Initial applications for unemployment benefits ticked lower last week after taking into account revisions in the how the U.S. government calculates the data.
Shaw Named Alliance's Top Hard Surface Firm
Dalton, GA, March 31, 2011 -- Alliance Flooring Inc. has named Shaw Industries as its Hard Surface Supplier of the Year.
Price Discrepancy Hurting New Home Sales
Washington, DC, March 31, 2011 -- New home sales aren't likely to increase much until the price discrepancy between new and existing homes narrows, experts say.
Orders for Manufactured Goods Dips Slightly
Washington, DC, March 31, 2011 -- New orders for U.S. factory-made goods fell by 0.1% in February, the Commerce Department reported Thursday.