Average Housing Prices Up 8.5% in October
Washington, D.C., November 30 -- The Federal Housing Finance Board reported today that the national average one-family house purchase price in October was up 8.5% from a year ago.
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.
Tarkett To Acquire Marley Floors
Frankenthal/Lenham, Germany, November 30--Tarkett AG has signed an agreement to acquire the business of Marley Floors from ETEX Group SA, Belgium.
Revised 3Q GDP Up 3.9%
Washington, DC, November 30—The economy grew at a more rapid pace during the summer than the government first believed. Gross domestic product increased during the third quarter at a 3.9% annual rate, faster than the 3.7% pace initially estimated, the Com
Chain Store Sales Off Last Week
New York, NY, November 30--Chain store retail sales were off 1.5 percent in the week ended November 27, compared with a 0.8 percent rise in the previous week, the International Council of Shopping Centers and UBS said in a joint report.
Cherokee Carpet Names Eaton CEO
Dalton, GA, November 30--Ann Eaton has been named president and CEO of Cherokee Carpet Industries in Dalton, Georgia.
Cal Custom Tile to Build Granite Countertop Plant
Sanger CA, November 30--Nov. 30--A fast-growing tile company has started construction of a 15,000-square-foot plant in Sanger that will manufacture granite countertops, according to the Fresno Bee.
NOFMA Names New Officers, Board Members
Memphis, TN, November 30—NOFMA: The Wood Flooring Manufacturers Association elected John Clark, Cherrybark Flooring, Hazelhurst, Miss., to lead the Association as President for 2005.
Flooring Sales Group Buys Spokane Invironmentalist
Coeur d’Alene, ID, November 29--Flooring Sales Group LLC has acquired the Spokane operation of The Invironmentalists.
Armstrong Recycles 20 Million Sq. Ft. of Discarded
Lancaster, PA, November 29--Armstrong World Industries today announced that its Ceiling Recycling Program has now diverted more than twenty-million-square-feet of old acoustical ceiling tiles from landfills.
Milliken Posts 5th Consecutive Year of Zero Waste
LaGrange, GA, November 29--Milliken Carpet met a goal in 1999 when it achieved zero waste diversion to landfill. That zero winning streak now spans five years with repeats in 2000, 2001, 2002, 2003 and 2004.