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.
Auckland, New Zealand, Nov. 11, 2008--Entrepreneur Rodney Martin’s Flooring Brands group has hit back after a mass walkout by Carpet Court franchisees last month, forming a partnership with Auckland-based flooring business Hills Flooring.
Omaha, NE, Nov. 10, 2008--Berkshire Hathaway Inc. on Friday reported a 77 percent drop in third-quarter earnings.
Washington, DC, Nov. 7, 2008--Pending home sales fell 4.6 percent on the heels of a strong gain a month earlier as credit tightened and economic conditions deteriorated, according to the National Association of Realtors.
Atlanta, GA, Nov. 10, 2008--Beazer Homes said that home closings for the quarter ended Sept. 30, totaled 2,441, a 38.2% decline from a year ago.
New York, NY, Nov. 10, 2008--Moody's Investors Service has placed Mohawk Industries Inc.'s long-term debt rating on review for possible downgrade, after Mohawk reported third-quarter earnings which fell short of Wall Street expectations.
Washington, DC, Nov. 7, 2008--The U.S. unemployment rate surged to a 14-year high of 6.5% in October as nearly a quarter million jobs were lost, the Labor Department reported Friday.
Trenton, NJ, Nov. 7, 2008--While many forecasts are calling for a slowdown in non-residential construction, New Jersey offers a glimmer of hope.
Media, PA, Nov. 7, 2008--Foamex International said income from operations fell to $9.9 million in the third quarter, compared to $12.2 million a year ago.
Fairlawn, OH, Nov. 10, 2008--Nick Triantafillopoulos, director of Omnova Solutions’ Akron, Ohio Technology Center, was presented with the 2008 Distinguished Award of Council by the Akron Council of Engineering and Scientific Societies.
Aurora, CO, Nov. 7, 2008 – Bona US has named Todd Schutte as the new director of professional products and sales and Tom McNeil as the director of distribution sales.