Home Resales Surge in August but Still Sub-Par
Washington, DC, Sept. 23, 2010--Existing-home sales rose in August following a big correction in July, 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.
Leading Economic Indicators Higher Than Expected
New York, NY, Sept. 23, 2010--The Conference Board's leading economic index rose 0.3% in August, after a 0.1% increase in July.
Orient Ceramics To Acquire Majority of Bell
New Delhi, India, Sept. 23, 2010--Orient Ceramics and Industries (OCIL) is set to purchase a majority stake in Bell Ceramics Ltd.
Schenectady Floor Covering Expanding
Schenectady, NY, Sept. 23, 2010--Schenectady Floor Covering will nearly double in size and consolidate its retail and wholesale divisions after buying a former steel fabrication plant, according to Albany Business Review.
Bona National Account Manager Dies
Aurora, Colo., September 22, 2010 – Bona U.S. national account manager Brett Ker died last weekend in Denver. Ker is survived by his four children ages 3, 6, 8, and 17.
Initial Jobless Claims Higher Than Expected
Washington, DC, Sept. 23, 2010--Initial jobless claims jumped 12,000 to 465,000 in the latest week, the Labor Department reported Thursday.
AIA Billings Index Rises Modestly in August
Washington, DC, Sept. 22, 2010-- The architecture billings index, a closely watched indicator of future U.S. construction spending, edged up in August, its third consecutive monthly increase, according to the American Institute of Architects.
Former Universal Fibers Chief Joins Mohawk
Dalton, GA, Sept. 22, 2010--Bentley Park has joined Mohawk Industries as senior vice president and general manager of the Commercial Division.
Tandus Product Wins Symposium Award
Dalton, GA, Sept. 22, 2010--Tandus Flooring won this year’s Symposium Distinction Award in the Most Sustainable category with the Urban Nature Collection on Powerbond.
Omnova To Purchase French Chemicals Maker
Fairlawn, OH, Sept. 22, 2010--Omnova Solutions said it is pursing a $300 million purchase of French chemicals manufacturer Eliokem International.