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.
New York, February 14—-A Smith Barney Citigroup analyst on Friday cut his ratings on six homebuilders, expressing doubts that a recent sector-wide advance will support higher valuations while mortgage rates remain at historic lows.
Vancouver, CA, February 14--Mold infestation in a new home or commercial building is common. The mold problem can cause severe health problems for occupants as well as substantially reduce the fair market value of the structure.
Clarksville, TN, February 14--Florim USA completed the conversion of its plant to 100% porcelain production on February 9, ahead of projected schedule.
Washington, D.C., February 14--The U.S. Consumer Product Safety Commission announced the following recall in voluntary cooperation with Bissell. Consumers should stop using recalled products immediately unless otherwise instructed.
Ottawa, ON, February 14--A recent sharp fall in petroleum prices cut the value of Canadian factory shipments in December by 0.2 percent from November, Statistics Canada said on Monday.
Addison, AL, February 14--Cavalier Homes will close an under-performing home manufacturing plant in Fort Worth, Texas.
Wellington, New Zealand, February 11--Cavalier Corp., a New Zealand carpet maker, Friday reported a net profit of NZ$10.7 million for the fiscal first half to December, up 4% from the year-ago period.
Dallas, TX, February 11--Commitments for Surfaces 2006 are coming in earlier than ever. Hanley Wood, owner of Surfaces, said they recently received the news that Mannington Mills has already committed to participating in next year’s show.
Kansas City, MO, February 11--Tnemec Co. has introduced Ultra-Tread, a polyurethane modified concrete flooring system designed to meet the needs of floors in manufacturing and processing facilities.
Manchester, NH, February 11--Flooring America and Flooring Canada are set to energize members and sales professionals at their 2005 Winter Convention.