Home Resales Fall 3.1% in October
Washington, DC, Nov. 24, 2008--Resales of single-family homes and condos fell 3.1% in October to a seasonally adjusted annual rate of 4.98 million, the National Association of Realtors reported Monday.
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.
Builders Want $250 Billion Housing Stimulus
Washington, DC, Nov. 24, 2008--Home builders are lobbying Congress for for a $250 billion stimulus package they call "Fix Housing First."
Stressed Consumers Moving Away from Credit Cards
New York, NY, Nov. 24, 2008--More Americans are relying on cash and debit card to make purchases and are moving away from credit.
Former Buddy's CEO Starts Buying Group
Cincinnati, OH, Nov. 24, 2008--The former head of Buddy’s Carpet has launched a buying company that would help small retailers not just with inventory, but with image.
Interface Launches Website About Sustainability
Boston, MA, Nov. 21, 2008 – Interface Inc. and its principal brands, including Bentley Prince Street, FLOR and InterfaceFLOR, have launched MissionZero.org,
Beaulieu Canada Products Meet Green Label Specs
Acton Vale, Quebec, Canada, Nov. 24, 2008--Beaulieu Canada said that all of its products meet or exceed specifications in Green Label Plus, the Carpet and Rug Institute’s indoor air quality testing program.
Pergo Promotes Nielsen VP Commercial Sales
Raleigh, NC, Nov. 24, 2008--Pergo North America has promoted Mike Nielsen to vice president of commercial sales.
Topp Named Vice President at Mannington Commercial
Calhoun, GA, Nov. 21, 2008— Kurt Topp has been named vice president of the commercial carpet business at Mannington Commercial.
Orian Rugs Investing in South Carolina Operation
Anderson, SC, Nov. 24, 2008--Orian Rugs is planning on spending roughly $13 million in Anderson over the next two years.
Solutia Restructuring Nylon Business
St. Louis, MO, Nov. 21, 2008--Solutia Inc. said it is restructuring its nylon business, as it continues to explore strategic alternatives for the business.