CEOs Grow More Optimistic About Hiring
New York, NY, June 23, 2010--A new survey by the Business Roundtable shows that the number of CEOs planning to increase hiring is at the highest level since mid-2007.
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.
Q.E.P. Income Down in Quarter on Record Sales
Boca Raton, FL, June 23, 2010--Q.E.P. Co. reported that net income for the first quarter of fiscal 2011 was $1.9 million, or $0.56 per share, as compared to $2.3 million, or $0.64 per share, for the first quarter of fiscal 2010.
Sales of New Homes Hit Record Low
Washington, DC, June 23, 2010--Sales of new single-family houses fell a record 33% in May to a record-low, according to the Commerce Department.
Recycled Carpet Product Helping Absorb Gulf Oil
Dalton, GA, June 23, 2010--Officials in Walton County, Florida, are using GeoHay, a highly absorbent recycled carpet product, as a defense for the slick threatening the Florida coastline.
Mortgage Modifications Triple in First Quarter
Washington, DC, June 23, 2010--Loan modifications through the government's Home Affordable Modification Program tripled in the first quarter compared to the fourth quarter, according to the Federal Housing Finance Agency.
Beaulieu CEO Issues Higher Walking Goal
Dalton, GA, June 23, 2010--After Beaulieu workers achieved their million miles in less than a year last December, Ralph Boe did what any president and CEO would do – he doubled the goal for his company.
Two Underlayments Get NALFA Certification
Washington, DC, June 23, 2010--The North American Laminate Flooring Association said that two laminate underlayment manufacturers have earned the NALFA Certification Seal.
Bayer Develops New Floor Coating Technology
Pittsburg, PA, June 23, 2010--Bayer MaterialScience said it has successfully developed ultraviolet polyurethane dispersions (UV PUDs) for use in waterborne site-applied floor coatings.
Existing Home Sales Fell Unexpectedly in May
Washington, DC, June 22, 2010--Home resales fell 2.2% to a seasonally adjusted annual rate of 5.66 million in May, according to data released Tuesday by the National Association of Realtors.
New Homes Trending Toward Low Maintenance
Washington, DC, June 22, 2010--There is greater interest in smaller homes and lot sizes, according to the American Institute of Architects.