Sheehan Promoted to VP at Mannington
Salem, NJ, Jan. 4, 2010--Mannington Mills has promoted David Sheehan to vice president of the resilient and laminate business.
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.
Manufacturing Expands at Highest Pace Since 2006
New York, NY, Jan. 4, 2009--The U.S. manufacturing sector grew for a fifth consecutive month in December, with an index of activity hitting its highest level since April 2006, according to the Institute for Supply Management.
Tarkett Residential Names Sales VP
Cleveland, OH, Jan. 4, 2010--Tarkett Residential has named Troy A. Burke vice president of sales for the Residential Division.
Martha Stewart Features SmartStrand on Program
Wilmington, DE, Jan. 4, 2010--TV host Martha Stewart featured Mohawk’s SmartStrand Carpet on her show recently.
Bernanke Critical of Fed's Response to Bubble
Atlanta, GA, Jan. 4, 2010--Tighter regulation would have been more effective than raising interest rates at curbing the housing bubble, Federal Reserve Chairman Ben S. Bernanke said.
Lumber Liquidators Creates Holding Company
Toano, VA, Jan. 4, 2010--Lumber Liquidators said it has reorganized by creating a new holding company structure.
Low Appraisals Stop Quarter of Home Sales
Washington, DC, Jan. 4, 2009--The National Association of Realtors says nearly one in four of its members has reported clients losing a sale due to low appraisals.
Oil Back Over $80 on Rising Economic Optimism
New York, NY, Jan. 4, 2010--Oil prices rose back above $80 a barrel Monday in Asia on optimism a gradual U.S. economic recovery in 2010 will boost demand for crude.
Rising Delinquencies Signal More Foreclosures
New York, NY, Dec. 30, 2009--Mortgage delinquencies are still on the rise, which could put a damper on a rebounding housing market.
Nourison Still Has Rug Show's Largest Showroom
Atlanta, GA, Dec. 30, 2009—Nourison has renewed the lease for its 18,500-square-foot at AmericasMart, to continue as the largest showroom in AmericasMart’s Area Rug product center.