828 International Intros Quartet of Styles
Greenville, SC, July 26, 2007—828 International’s Tibetan Collection of hand-knotted rugs has long been favored for its sumptuous hand, thick wool pile, silk-like accents.
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.
Dow Chemical 2Q Earnings Up 2%
Midland, MI, July 26, 2007--Dow Chemical said its second-quarter profit rose 2% as strong international growth offset weakness in the North American housing and automotive sectors.
D.R. Horton Reports 3Q Loss
Fort Worth, TX, July 26, 2007--D.R. Horton posted a deep loss in the fiscal third-quarter as the homebuilder recorded enormous charges to write down the value of unsold inventory and deposits on land.
Tarkett Commercial Intros Time-Saving Adhesive
Houston, TX, July 26, 2007--Tarkett Commercial's new IQ Spray Smart adhesive is designed to reduce the time and effort in commercial flooring installations.
Ryland Posts 2Q Loss
Calabasas, CA, July 26, 2007--Ryland Group posted a loss in its second-quarter on Wednesday due in part to charges for lowering land value as the housing market deteriorates.
Pulte Posts 2Q Loss
Bloomfield, MI, July 26, 2007-- Pulte Homes posted a second-quarter loss as revenue dropped 40% amid the nation's deepening housing slump.
Existing Home Sales Off 3.8% in June
Washington, DC, July 25, 2007 - Sales of existing homes fell in June but prices rose modestly as inventories eased, according to the National Association of Realtors.
UK’s Victoria Carpets Upbeat
Kidderminster, England, July 25, 2007--As a survivor of the slump in Kidderminster’s traditional carpet industry, 110-year-old Victoria Carpets has had to learn to be faster, smarter and more flexible.
Louisiana-Pacific Post 2Q Loss
Nashville, TN, July 25, 2007--Louisiana-Pacific reported a los in the second-quarter the result of the housing slump and lower prices.
Mohawk Launches FloorCare Essentials Network
Adairsville, GA, July 25, 2007--Mohawk Industries has a vested interest in proper floor care. So do 35,000 retailers.