Formica Flooring Names Northwestern Distributor
Barnwell, SC, Dec. 1, 2008--Formica Flooring has signed distributor Wanke Cascade, who will handle product in Oregon, Washington, Montana, Northern Idaho and Alaska.
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.
Natco Purchases Canadian Floor Mat Firm
West Warwick, RI, Dec. 1, 2008--Natco Home Products has purchased Canadian indoor/outdoor floor mat and runner company Multy Industries Inc.
Record Number of Foreclosures Avoided, Group Says
Washington, DC, Dec. 1, 2008--The mortgage industry set a record for the number of mortgage workouts done in October, according to Hope Now, an alliance of mortgage servicers, counselors and investors working to help homeowners avoid foreclosure.
Manufacturing Contracts in November at Fast Pace
Tempe, AZ, Dec. 1, 2008 -- Manufacturing output in the U.S. contracted in November at the fastest pace in 26 years, according to the Institute for Supply Management.
Refinancing Surges After Fed Action Drops Rates
New York, NY, Dec. 1, 2008--Last week's sharp drop in mortgage rates is prompting a flurry of refinancing activity.
Construction Spending Falls More Than Expected
Washington, DC, Dec. 1, 2008--U.S. construction spending fell 1.2 percent in October after the prior month was revised to unchanged, a Commerce Department report showed on Monday.
Designer Clodagh To Be Featured at Las Vegas Event
Las Vegas, NV, Dec. 1, 2008--The Las Vegas Design Center will host “Sustainable Footprints” on Wednesday, Dec. 10. It's open to trade professionals and connoisseurs of design.
Home Legend Moving Corporate Office to Georgia
Calhoun, GA, Nov. 25, 2008--Flooring company Home Legend Inc. of Chino, Calif. is moving its corporate decision-making offices from California to Calhoun, Ga.
Orian Rugs Wins South Carolina Awards
Anderson, SC, Nov. 26, 2008--Rug manufacturer Orian Rugs was recently presented with two awards related to its manufacturing practices at its headquarters.
Mortgage Applications Rise on Purchase Activity
Washington, DC, Nov. 26, 2008--Mortgage applications rose a seasonally adjusted 1.5% last week, due to a bump in loans sought for home purchases, the Mortgage Bankers Association reported on Wednesday.