Wholesale Prices Up Sharply in January
Washington, DC, Feb. 18, 2010--Wholesale prices in the U.S. rose 1.4% in January on double-digit increases in gasoline and home heating oil, the Labor Department said.
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.
Mohawk, Shaw, Tandus Make Training Top 125
Dalton, GA, Feb. 18, 2010--Shaw, Mohawk, and Tandus have all been named to Training magazine’s “Training Top 125."
High School Wins Sustainable Flooring Award
Kennesaw, GA, Feb. 18, 2010--Fiber maker Invista said that Westminster High School in Colorado has won the Grand Prize for the Antron Carpet Fiber Sustainable Flooring Performance Award.
Lumber Liquidators' Profit, Sales Rise
Toano, VA, Feb. 18, 2010--Lumber Liquidators said that its fourth-quarter net income increased to $7.131 million or $0.25 per share from $6.498 million or $0.24 per share last year.
Housing Starts Rise in January, but Permits Fall
Washington, DC, Feb. 17, 2010--Housing starts rose to their highest level in seven months in January, according to the Commerce Department.
Builder Confidence Edges Up in February
Washington, DC, Feb. 17, 2010--U.S. home builders were slightly more confident this month that the housing market is recovering, according to a monthly survey released Tuesday by the National Association of Home Builders.
Shaw Preparing To Add Carpet Powered Boiler
Dalton, GA, Feb. 17, 2010--Shaw Industries showed off its 19-month-old carpet-to-energy facility Tuesday as the carpet maker prepares to add an even larger carpet-powered boiler at another Dalton plant.
WFCA Names Gold Standard Award Retailer
Anaheim, CA, Feb. 16, 2010--The World Floor Covering Association has named the Gold Standard Award for excellence in retailing.
Style Limited Licenses Technology to Tarkett
Melbourne, Australia, Feb. 17, 2010--Style Limited said it signed a patent license agreement with Tarkett to manufacture a new range of green flooring products using Style’s proprietary strand woven wood technologies.
Percentage of Delinquent Mortgages Hits New High
Chicago, IL, Feb. 17, 2010--The percentage of delinquent mortgages hit another record during the fourth quarter of 2009, according to credit reporting agency Transunion.