Homebuilder Ryland Reports Profit on Tax Boost
Calabasas, CA, Jan. 28, 2010--Homebuilder Ryland Group Inc. reported a $39 million quarterly profit thanks to a tax boost of almost $100 million.
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.
Prince of Wales Launches Wool Campaign
London, England, Jan. 27, 2010--The Prince of Wales has launched The Wool Project, a promotional campaign for wool.
Invista Names Cook Antron Brand Manager
Kennesaw, GA, Jan. 27, 2010--Invista has named Tracy Cook the global brand manager for Antron.
Sales of New Homes Fell in December
Washington, DC, Jan. 27, 2010 -- New-home sales fell 7.6% to an annual rate of 342,000 in December from 370,000 in November, the Commerce Department estimated Wednesday.
Minnesota Flooring Stores Unaffected by Bankruptcy
St. Paul, MN, Jan. 27, 2010--A Jan. 18 story on Floordaily about a Minneapolis-area flooring chain filing for bankruptcy should have said that the bankruptcy was filed by a former owner of the stores.
Q.E.P. Buys Hardwood Flooring Firm ArborCraft
Boca Raton, FL, Jan. 26, 2010--Q.E.P. Co. said it is acquiring hardwood flooring manufacturer ArborCraft, LLC.
Ohio Tile Plant Scales Back Production
Minerva, OH, Jan. 27, 2010--Summitville Tile has downsized its plant, according to wfmj.com.
Gerflor Cuts Ties With Two Distributors
Chicago, IL, Jan 27, 2010--Resilient flooring firm Gerflor said that Advantage Sport USA, Inc. of Vermont and Avantage Sport, Inc. of Quebec province, Canada, will no longer represent Gerflor North America.
NCTA Conference To Include Other Groups
Jackson, MS, January 27, 2010--The National Tile Contractors Association has announced that its November Total Solutions Business and Technical Conference will be held with the two other tile groups.
Mortgage Application Volume Falls on Fewer Refi's
Washington, DC, Jan. 27, 2010--Mortgage application volume last week fell 10.9% from the week before, the Mortgage Bankers Association reported Wednesday.