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.

Delinquent Home Mortgage Total Nears 7%

Delinquent Home Mortgage Total Nears 7%

Washington, DC, Dec. 4, 2008--The percentage of U.S. mortgage holders who were behind in their payments soared to a record 6.99% of loans outstanding in the third quarter, the Mortgage Bankers Association said Friday.

Shaw Products Get NSF-140 Certification

Shaw Products Get NSF-140 Certification

Dalton, GA, Dec. 8, 2008--Shaw Industries said its Ultraloc Pattern, Teklok, EcoLogix and EcoWorx commercial product systems have all been certified under the Sustainable Carpet Standard NSF-140.

Dow Cutting 11 Percent of Workforce

Dow Cutting 11 Percent of Workforce

Midland, MI, Dec. 7, 2008--Dow Chemical Co. said Monday it will slash 5,000 full-time jobs -- about 11 percent of its total work force -- close 20 plants and sell several businesses to reign in costs amid the economic recession.

Materials Interruption Causes Invista Layoffs

Waynesboro, VA, Dec. 5, 2008--More than 130 contract employees at Invista's Waynesboro plant will be laid off because of a decrease in production due to an interruption in the supply of raw materials, according to the Newsvirginian.com.

3M Slashing 1,800 Jobs, Many in U.S.

Maplewood, MN, Dec. 8, 2008--3M Co. is cutting 1,800 jobs in the fourth quarter and ordering some workers to take vacation or unpaid time off for the last two weeks of the year.