Pending Home Sales Fall Second Straight Month
Washington, DC, Feb. 28, 2011 -- Pending home sales fell in January for the second consecutive month, according to the National Association of Realtors.
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.
Business Economists Up Growth Forecasts
Washington, DC, Feb. 28, 2011 -- Economists see faster growth than they were predicting in November, according to a quarterly survey from the National Association for Business Economics.
Mohawk Closing Georgia Textile Plant
East Dublin, GA, Feb. 28, 2011 -- Mohawk Industries is closing its East Dublin plant in April, according to reports.
Chicago Manufacturing Surges Higher in January
Chicago, IL, Feb. 28, 2011 -- Chicago-area manufacturing accelerated at a faster-than-expected pace in February.
Consumer Income, Spending Rise in January
Washington, DC, Feb. 28, 2011 -- Personal income rose a seasonally adjusted 1.0% in January, marking the biggest increase in a year and a half, according to the Commerce Department.
Mapei Acquires Korean Adhesives Operation
Milan, Italy, Feb. 28, 2011 -- Mapei Group said it has acquired of all of Henkel's activities regarding adhesives and products for the building industry in South Korea under the Ceresit and Thomsit trademarks.
BASF Raises Prices of Plastics Stabilizers
Florham Park, NJ, Feb. 28, 2011 -- BASF said it is increasing prices globally of antioxidants and process stabilizers for plastic applications by 5-10%, depending on the product, effective immediately.
Healthier Choice Names Chief Business Officer
Dalton, GA, Feb. 28, 2011 -- Healthier Choice said it has appointed Gary Hernandez Sr. chief business officer and executive vice president of sales and marketing.
Consumer Sentiment Higher Than Expected
Ann Arbor, MI, Feb. 25, 2011 -- Consumer sentiment rose sharply in February, according to a poll released Friday by Thomson Reuters and the University of Michigan.
Private Equity Firm To Acquire Gerflor
Paris, France, Feb. 25, 2011 -- Private equity firm Intermediate Capital Group has agreed to acquire Gerflor from AXA Private Equity, with the support of Gerflor’s existing management team, headed by its CEO Bertrand Chammas.