Tile Council Names Svend Hovmand Person of Year
Orlando, FL, May 5, 2010--Tile Council of North America presented its Tile Person of the Year award to Svend Hovmand at Coverings 2010.
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.
Mortgage Applications Rise on Purchase Activity
Washington, DC, May 5, 2010--Mortgage applications last week increased 4% on a seasonally adjusted basis from one week earlier.
Invista Investing $14 Million in Nylon Facilities
Kennesaw, GA, May 4, 2010--Invista Performance Surfaces & Materials said it is investing more than $14 million in at its nylon fiber manufacturing facilities.
CMH Space Flooring Acquires Ellis Flooring
Wadesboro, NC, May 4, 2010--CMH Space Flooring Products said it has acquired Ellis Flooring Sales Company, a division of the Southland Group headquartered in Charlotte, N.C..
Tax Credit Helps Pending Home Sales Rise in March
Washington, DC, May 4, 2010--The pending home sales index rose a seasonally adjusted 5.3% in March, and was up 21.1% compared with a year earlier, the National Association of Realtors said Tuesday.
Burtco Unveiling New Identity, Products at Show
Dalton, GA, May 4, 2010--A new look and new products from Burtco, now B Carpet, will be introduced to the hospitality market at HD Expo 2010.
Chain Store Sales Higher Than Last Year
New York, NY, May 4, 2010--Chain-store sales for the week ended May 1 rose 4.4% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
Armstrong Boosts Advertising for Wood, Laminate
Lancaster, PA, May 4, 2010--Armstrong is expanding its investment in national television and print advertising for Armstrong hardwood and premium laminate floors to drive consumers to its retail partners.
BASF Increasing Prices for Polystyrene
Florham Park, NJ, May 4, 2010--BASF said it is increasing prices for all grades of Styropor and Neopor expandable polystyrene in North America by $0.05 per pound effective May 15.
New Factory Orders Rise Unexpectedly in March
Washington, DC, May 4, 2010--New factory orders jumped unexpectedly in March, according to the Commerce Department.