Industrial Output Rises More Than Expected
Washington, DC, Nov. 17, 2008 — Industrial output rose more than expected in October after plunging in September by the largest amount in over 60 years.
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.
GranitiFiandre Income Off, Expands in Crossville
Castellarano, Italy, Nov. 14, 2008--GranitiFiandre reported net income of 1.6 million euros for the third quarter, compared to 2.4 million a year ago.
Kohl's, Penney, See Income Fall in Quarter
Menomonee Falls, WI, Nov. 14, 2008--Kohl's Corp. and JC Penney both reported that their profit fell in the third quarter.
Wicanders Cork Flooring Gets Greenguard Approval
Hanover, MD, Nov. 14, 2008---The Greenguard Environmental Institute (GEI) has recently certified five product lines of Wicanders Cork Oak Floors.
FDIC Backs New Plan To Avoid Foreclosures
Washington, DC, Nov. 14, 2008--The Federal Deposit Insurance Corp. says a new plan could help 1.5 million American households avoid foreclosure.
Consumer Sentiment Rises Slightly This Month
Ann Arbor, MI, Nov. 14, 2008--U.S. consumer sentiment rose in November from the prior month, though it remains at relatively low levels, according to a media report on the University of Michigan/Reuters index released Friday.
Retail Sales Fall by Record Amount in October
Washington, DC, Nov. 14, 2008--U.S. retail sales plunged a record 2.8% in October as sales of autos and gasoline plummeted, the Commerce Department estimated Friday.
Foreclosures Show No Signs of Slowing in October
Irvine, CA, Nov. 13, 2008--Another 84,868 homes were lost to foreclosure in October
Dalton Industries Face Big Utility Increases
Dalton, GA, Nov. 13, 2008--Electricity rates for Dalton Utilities industrial customers will rise 12 percent and rates for commercial customers will rise 11 percent, according to a story in the Dalton Daily Citizen.
Bentley Prince Street Wins CA Sustainable Award
Los Angeles, CA, Nov. 13, 2008--The California Integrated Waste Management Board has chosen carpet manufacturer Bentley Prince Street as the recipient of the 2008 CalRecycle Sustainable Business Award.