Formica Names Kitchen to Accessory Product Manager
Barnwell, SC, April 13, 2007--Formica Flooring has said that Matt Kitchen has been promoted to accessory product manager.
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.
NAR: Tighter Lending Rules Good, Lengthen Recovery
Washington, DC, April 12, 2007--Tighter lending criteria and fallout from the subprime loan debacle will lead to a healthier housing market, according to the latest forecast by the National Association of Realtors.
Armstrong Hardwood Launches National TV Spots
Lancaster, PA, April 12, 2007--For the first time since 1963, when the long-running Armstrong Circle Theatre went off the air, Armstrong will advertise on national television.
Chevron and Weyerhaeuser Create Biofuels Alliance
San Ramon, CA and Federal Way, WA, April 12, 2007--Chevron and Weyerhaeuser today announced a letter of intent (LOI) to jointly assess the feasibility of commercializing the production of biofuels from cellulose-based sources.
SBET: Small-Business Owners Optimism Inched Down
Washington, DC, April 12, 2007--The National Federation of Independent Business Small Business Economic Trends report released today showed that the Optimism Index lost 0.9 points in March.
Retailers Report Strong Sales
New York, NY, April 12, 2007--Consumers inspired by warmer weather and an early Easter returned to stores and malls in March, giving many retailers better-than-expected sales.
Jobless Claims Jump 19,000
Washington, DC, April 12, 2007--The number of workers filing new claims for jobless benefits unexpectedly jumped 19,000 last week, according to the Labor Department.
Pier 1 4Q Earnings Off
Fort Worth, TX, April 12, 2007--Pier 1 Imports said its fiscal fourth-quarter loss widened on lower revenue and various charges.
World Market Center Adds to Team
Las Vegas, NV, April 12, 2007--World Market Center has put three new team members in place as it readies for its Summer 2007 Las Vegas Market, which will be the largest in its history.
Report: Freudenberg Wants Buyer for Floor Unit
Frankfurt, Germany, April 12, 2007--According to Frankfurter Allgemeine, a spokesman from Freudenberg has confirmed that the German conglomerate is looking for a buyer for its floor coverings division.