IWT Filing For Chapter 11 Bankruptcy
Palm City, FL, September 18, 2007- IWT Tesoro Corporation said today it filing for Chapter 11 bankruptcy.
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.
Mohawk CEO on 'Extreme Green Makeover'
Dalton, GA, September 19, 2007—Atlanta station WSB-TV featured Mohawk Industries as a part of a prime-time news special, “Extreme Green Makeover,” that aired September 18.
Forecast: Credit Crunch to Flatten Holiday Sales
Columbus, OH, September 19, 2007-Holiday sales this year will grow at their weakest pace in five years, according to a forecast by TNS Retail Forward.
Pfleiderer Expands in Poland
Neumarkt/Grajewo, Poland, September 19, 2007--Pfleiderer Aktiengesellschaft today officially began operations at its new medium density fiberboard (MDF) plant in Grajewo, Poland.
Mortgage Applications Rose Last Week
Washington, DC, September 19, 2007--The weekly survey by the Mortgage Bankers Association (MBA) showed a 2.4% increase in mortgage applications over the previous week.
Housing Starts Off 2.6% in August
Washington, DC, September 19, 2007—Housing starts dropped by 2.6% in August to an annual rate of 1.331 million, according to the Commerce Department.
CPI Declines in August on Falling Energy Prices
Washington, DC, September 19, 2007—The consumer price index fell 0.1% in August as energy prices dropped for a third straight month, according to a report from the Labor Department.
Web Shoppers Sophistication Affects Retailers
Las Vegas, NV, September 19, 2007--As today's shoppers become more discriminating about their interactions online, the stakes are being raised for retailers to provide a consistently positive, more sophisticated experience.
Architecture Billings Decline in August
Washington, DC, September 19, 2007--After three months of substantial growth, the Architecture Billings Index (ABI) in August receded to a figure more in line with the scores seen throughout the spring.
Durkin Hospitality Launches Chromistique
Miami, FL, September 19, 2007--Durkin Hospitality aims to capture the feel of the '60s with its new Chromistique carpet collection.