Florida Tile Names New Chief Executive
Lexington, KY, April 14, 2010--Florida Tile has named Michael Franceschelli CEO and a member of its board of directors.
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.
Federal Mortgage Foreclosure Program Falls Short
Washington, DC, April 14, 2010--The Congressional Oversight Panel says that the administration projects only one million families will end up with lower monthly payments as a result of its flagship mortgage foreclosure program.
Interest in Home Buyer Tax Credit Remains High
Washington, DC, April 14, 2010--Interest in the federal home buyer tax credit surged in the first three months of 2010.
Wal-Mart Wants To Use Greener Building Materials
Benton, AR, April 14, 2010--Wal-Mart said it is looking to make its stores more environmentally friendly.
NFIB Small Business Optimism at Eight Month Low
Washington, DC, April 14, 2010--The NFIB Index of Small Business Optimism fell to 86.8, an eight-month low. The index has been below 90 for a total of 18 months.
Consumer Prices Remain Tame
Washington, DC, April 14, 2010--U.S. consumer prices rose 0.1% in March due mainly to an increase in prices for fresh fruits and vegetables, the Labor Department said.
Shaw Acquires Strip Hardwood Firm Stuart
Dalton, GA, April 13, 2010--Shaw Industries Group Inc. said it has acquired the hardwood strip manufacturing facility from Stuart Flooring Corporation in Stuart, Va.
Tarkett Raising Resilient Prices 6%
Houston, TX, April 12, 2010 – Tarkett USA Inc. said it will increase prices 6% on all of its commercial resilient tile lines, including Azrock Achieve, Advance and Asset as well as all Expressions tile. This price increase is effective June 1.
Forbo Reduces Investment in Machinery Firm Rieter
Baar, Switzerland, April 13, 2010--Forbo has sold most of its shares in Rieter to Artemis Beteiligungen IV AG, owned by Michael Pieper and now owns less than three percent of the textile machinery supplier.
Ray Anderson Wins ASID Design for Humanity Award
Washington, DC, April 12, 2010--The American Society of Interior Designers has announced the six recipients of the annual ASID Awards.