Lamett Opens New Laminate Production Plant
Douglasville, GA, Dec. 10, 2008--Lamett has opened its new 2 million square foot laminate production facility as well as administration offices.
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.
Mortgage Applications Down But Still at High Level
Washington, DC, Dec. 10, 2008--Mortgage applications decreased a seasonally adjusted 7.1% for the week ended Dec. 5 compared with the final week of November, according to the MBA's weekly survey.
Smyrna Trading To Debut New Showroom in January
Atlanta, GA, Dec. 10, 2008—Family-owned Smyrna Trading Inc. will debut a new showroom at AmericasMart this January.
Economy On Track To Post Largest Decline Since '82
Washington, DC, Dec. 9, 2008--Eight of the major 10 economic indicators that came out last week worsened.
Pending Home Sales Fall in October
Washington, DC, Dec. 9, 2008--In a sign that further weakening may be in store for the U.S. housing market, contracts on previously owned homes fell 0.7% in October.
Chain Store Sales Higher Than Last Year
New York, NY, Dec. 9, 2008--Chain-store sales for the week ended Dec. 6 rose 0.4% from the year-ago period, according to a survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs.
Australian Flooring Firm Names China Adviser
Melbourne, Australia, Dec. 9, 2008--Flooring company Style Limited has named Beijing-based businessman and political consultant, John Holden, as the senior strategic adviser in China.
Feizy Rugs Launches New Website
Dallas, TX, Dec. 9, 2008--Feizy Rugs is launching both its new and improved website, www.feizy.com, and the latest version of its Winter Home Catalog.
Milliken Offers Early Retirement to Some Managers
Spartanburg, SC, Dec. 7, 2008--Milliken & Co. said Friday it has offered voluntary retirement packages to eligible management employees, according to a story in Greenville Online.
Wealthy Overestimate Price of Luxury Carpet
Coral Gables, FL, Dec. 8, 2008--A national survey of the wealthiest 10% of U.S. households shows that the affluent expect to pay far more for luxury carpet than high-end carpet actually costs.