Improving Housing Market Spurs Home Depot Upgrade
Atlanta, GA, Feb. 8, 2010--The improving housing market has prompted Morgan Stanley to upgrade Home Depot from Equal-Weight to Overweight.
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 Trademarks Tile Printing Process
Dalton, GA, Feb. 8, 2010--Mohawk has trademarked its digital imaging technology for ceramic tile.
Omnova Solutions Raising Prices March 1
Fairlawn, OH, Feb. 8, 2010--Omnova Solutions said it will increase prices $0.05 per dry pound on styrene butadiene latex for carpet and related markets, effective March 1.
Polish Firm Develops Wood Flooring Click System
Barlinek, Poland, Feb. 8, 2010--Wood flooring manufacturer Barlinek said it has developed a joint system for floorboards called the Fast Click System.
NALFA Names Lammy Award Winners
Las Vegas, NV, Feb. 8, 2010--The North American Laminate Flooring Association hosted its fourth annual Lammy Awards at Surfaces last week.
Porcelanatto Teams With Designer Rashid
Castellon, Spain, Feb. 8. 2010--Porcelanatto has extended its reach into the contract, architecture, and interior decoration sectors with new tile lines designed by New York designer Karim Rashid.
Unemployment Rate Drops Unexpectedly
Washington, DC, Feb. 5, 2010--The U.S. unemployment rate fell unexpectedly to 9.7% in January from 10% in December, according to the Department of Labor.
Homebuilder Beazer Swings To Operating Profit
Atlanta, GA, Feb. 5, 2010--Beazer Homes USA reported operating income of $44.5 million, or $1.09 per diluted share, including non-cash pre-tax charges of $8.8 million for inventory impairments.
Armstrong Cutting Back at Tennessee Wood Plant
Oneida, TN, Feb. 5, 2010--Armstrong Hardwood Flooring Co. said it is cutting production in Oneida and laying off 260 workers effective April 9.
Mohawk Home Part of Winning Woolrich Display
Atlanta, GA, Feb. 5, 2010--Woolrich's home furnishings division won the Best of Category top honors for its showroom display at the International Gift and Home Furnishings Market.