Durable Goods Orders Rose in December
Washington, DC, Jan. 28, 2010--Orders for durable goods posted a modest increase in December, although orders for the year fell by a record amount.
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.
Panel Industry Sees Threat from Biomass Program
Washington, DC, January 28, 2010--The U.S. Office of Management and Budget recently approved $514 million in subsidies under the Department of Agriculture’s Biomass Crop Assistance Program.
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.
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firm Gerflor said that Advantage Sport USA, Inc. of Vermont and Avantage Sport, Inc. of Quebec province, Canada, will no longer represent Gerflor North America.