Industrial Production Edges Up in October
Washington, DC, Nov. 17, 2009-- Industrial production rose 0.1 percent in October, a less-than-expected increase.
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.
Bentley Prince Street Honored for Fitness Program
Los Angeles, CA, Nov. 16, 2009--Commercial carpet manufacturer Bentley Prince Street was recently honored as one of California’s healthiest employers by the state of California Task Force on Youth and Workplace Wellness.
NAR: Home Sales Should Rise 15% Next Year
San Diego, Nov. 16, 2009--Home sales should rise about 15% next year, as buyers take advantage of a home-buyer tax credit and housing prices stabilize.
Retail Sales Higher Than Expected in October
Washington, DC, Nov. 16, 2009--Retail sales rose more than expected in October thanks to a big rebound in auto sales, according to the Commerce Department.
Pergo, Unilin Reach License Agreement
Neumarkt, Germany, Nov. 16, 2009--Earlier this month, Pfleiderer subsidiary Pergo, and Unilin completed a license agreement granting Unilin access to Pergo’s patents covering fold-down joints for flooring.
Realtors Policy Agenda Shifts Toward Lending
San Diego, CA, Nov. 16, 2009--The National Association of Realtors will focus its policy agenda in the months ahead on relief from a credit crunch in commercial real estate, among other issues.
Plastex Matting Acquires Entryway Distributor
Fort Payne, AL, Nov. 16, 2009--Plastex Matting Inc. has purchased the operating business and assets of Ovalstrapping Inc.'s GO Resilient U.S. business.
Economists See Rate Hike Next September
New York, NY, Nov. 13, 2009--The Wall Street Journal said that economists in its recent economic forecast expect the Federal Reserve to begin raising interest rates next September.
NWFA Forms FSC Procurement Group
St. Louis, MO, Nov. 13, 2009--The National Wood Flooring Association has announced that it has formed the Forest Stewardship Council Procurement Group.
Lowe's Sees 30% Decline in Sales Vs. 2008
Mooresville, NC, Nov. 16, 2009--Lowe's Companies, Inc. reported net earnings of $344 million for the quarter ended Oct. 30, a 29.5 percent decline from the same period a year ago.