Another Caught in Home Depot Kickback
Atlanta, Ga, oct. 22, 2009--Ian Jay Evans of Mableton, Ga. was arraigned Wednesday in Atlanta on charges he paid more than $1.4 million in bribes to a Home Depot product buyer.
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.
Proceeds From Sale of Bauwerk To Support Kährs
Zurich, Switzerland, Oct. 21, 2009--Nybron Flooring International said it will use the proceeds from the sale of Bauwerk to repay debt and support its Kährs business.
AIA Billings Index Rises, Inquiries at 2-Year High
Washington, DC, Oct. 21, 2009--The Architecture Billings Index was up 1.4 points at 43.1, matching July's level, according to the American Institute of Architects.
Chinese Flooring Firms Still Using Smuggled Wood
Bangkok, Thailand, Oct. 21, 2009--An environmental watchdog agency said Wednesday that smugglers are still supplying Chinese companies, including flooring companies, with illegally imported wood from Myanmar.
Atlanta Police Crack Down on AmericasMart Vendors
Atlanta, GA, Oct. 21, 2009--Atlanta police inspected permanent showroom complex AmericasMart-Atlanta on Tuesday and cited dozens of business owners for operating without a license, according to Fox 5 Atlanta.
Scientists Study Physics Behind Bumps in Rugs
Cambridge, MA, Oct. 21, 2009--Two teams of scientists have been able to glean enough information to revolutionize the world’s understanding about the physics of lumpy carpets.
Mortgage Applications Plunge on Higher Rates
Washington, DC, Oct. 21, 2009--Mortgage applications fell sharply last week as rates ticked higher above 5%, according to the Mortgage Bankers Association.
Dodd, Isakson, Urge Expansion of Homebuyer Credit
Washington, DC, Oct. 21, 2009--The $8,000 homebuyer tax-credit should be extended and expanded to support housing sales, Senate Banking Committee Chairman Christopher Dodd said.
Sherwin-Williams Profits, Revenues Off Slightly
Cleveland, OH, Oct. 21, 2009--Sherwin-Williams Co. posted slight dip in third-quarter earnings and warned that its current quarter would fall short of Wall Street targets.
Valinge Says Locking System Improved
Viken, Sweden, Oct. 21, 2009-- Välinge said it has invented a new 5G compact version locking system.