Home Resales Fall Again in July
Washington, DC, Aug. 24, 2010--Home resales dropped 27.2% in July largely because of the expiration of a federal tax credit, 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.
Healthier Choice Acquires Stainable Molding Firm
Dalton, GA, Aug. 24, 2010--Cushion and acoustical underlayment maker Healthier Choice Flooring said it has acquired Flexitions LLC, a manufacturer of stainable flexible transition molding.
Ravago Gets 100% Post-Consumer Certification
Manchester, TN, Aug. 23, 2010--Ravago Manufacturing Americas has had its Enviramid nylon feedstocks certified by UL Environment as containing 100% post-consumer recycled content.
Daltile in Eighth Season of Extreme Makeover
Dallas, TX, Aug. 24, 2010--Daltile has signed on for its eighth consecutive season as tile provider to ABC’s hit show “Extreme Makeover: Home Edition.”
Chain Store Sales Up Over Last Year
New York, NY, Aug. 24, 2010--Chain-store sales for the week of Aug. 21 increased 2.3% from the year-earlier period, according to the International Council of Shopping Centers and Goldman Sachs.
German Analyst Issues 'Sell' on Pfleiderer Stock
Neumarkt, Germany, Aug. 24, 2010--Pfleiderer AG, the German maker of laminate flooring and parent company of Pergo, was downgraded by equity analyst Heino Hammann.
Oil Prices Continue To Fall on Economic Concerns
New York, NY, Aug. 24, 2010--Oil prices fell to near $72 a barrel Tuesday as the dollar strengthened against the euro and regional markets fell on concerns about the pace of the global economic recovery.
Shaw Using Tag Technology at Retail Stores
Dalton, GA, Aug. 23, 2010--Shaw Floors said it is incorporating quick response tag technology into its point-of-purchase materials.
Mullican Providing Hardwood in HGTV Promotion
Johnson City, TN, Aug. 23, 2010--Mullican Flooring is the exclusive flooring sponsor for HGTV's Urban Oasis Giveaway.
Clarion Investing $10 Million To Ready for Growth
Shippenville, PA, Aug. 23, 2010--Laminate flooring maker Clarion Industries said it is investing $10 million to help prepare the company for future growth.