Housing Starts Rebound, Up 9%
Washington, DC, March 20, 2007--New home starts rebounded by 9% in February after a 14% decline in January.
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.
Omnova Solutions Losses Grow in 1Q
Fairlawn, OH, March 20, 2007--Omnova Solutions said it widened its loss in its fiscal first quarter due to decreased sales volume, which the company attributed to weak residential housing-related markets.
Karastan Signs Designer Thom Filicia
Dalton, GA, March 20 2007--Karastan is taking its “Decorating From the Floor Up” in-store consumer event with help from a new ally, interior designer and TV personality Thom Filicia.
Mediterranea Intros the Sonoma Valley Collection
Doral, FL, March 20, 2007--Inspired by Northern California’s emerald hillsides and blossoming fruit trees, and of course, some of the world’s finest wine, Mediterranea has launched the “Sonoma Valley” collection of glazed porcelain tiles.
DIY’s Rock Solid Hosts to Appear at Coverings
Chicago, IL, March 20, 2007--DIY Network’s popular home improvement series Rock Solid is coming to Coverings 2007.
CARE Receives Environmental Award
Dalton, GA, March 20, 2007--The Carpet America Recovery Effort (CARE) was presented the Society of Plastic Engineers' (SPE) Dan Eberhardt Environmental Stewardship Award.
Two Home Depot Directors Won't Seek Reelection
Atlanta, GA, March 20, 2007--Home Depot Inc. said two board members would not stand for reelection at this year's annual meeting.
Creative Edge to Unveil Skyline Mural at Coverings
Fairfield, IA, March 19, 2007--Guests at Coverings 2007 will be greeted with a remarkable 15’ x 13’ waterjet cut mural depicting the vivid details of Chicago’s impressive skyline.
Roca Bulgaria to Build Facility in Bulgaria
Sofia, Bulgaria, March 19, 2007--Roca Bulgaria, part of Roca Group, said it plans to invest 30 mln levs in a new production facility in Bulgaria.
Study: Mortgage Reset May Hike Foreclosures
New York, NY, March 19, 2007--About 1.1 million additional home foreclosures are expected over the next six years as adjustable-rate mortgages reset to higher payments.