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, NY, May 24--Although wood panel prices have started to retreat from record highs, industry executives and analysts are shrugging off recent housing data and expectations of higher interest rates, saying they expect prices for the building materi
New York, NY, May 24--Standard & Poor's Ratings Services said today that it raised its corporate credit and unsecured debt ratings on floorcoverings giant Mohawk Industries Inc. to 'BBB+' from 'BBB'. The outlook for the Calhoun, GA-bas
Tucson, AZ, May 24--For small companies, recently revised white-collar overtime rules may be a shock. Many don't have human resource departments or legal teams to pore through 154 pages of job definitions, according to the Tucson Citizen.
Atlanta, GA, May 21--After three years struggling to fill rooms, the national hotel industry is expected to recover lost business and recoup lost revenue in 2004, according to the Atlanta Journal-Constitution.
Chattanooga, TN, May 21--A Chattanooga maker of foam used in bedding, furniture and carpet backing is embarking on a nearly $3 million expansion and swelling its work force by up to 30 employees, according to the Chattanooga Times/Free Press.
Washington, DC, May 21--An unexpected quickening in the pace of price increases in the past two months is challenging the Federal Reserve's plan to raise short-term interest rates only slowly from today's 46-year lows.
Dalton, GA - May 20, 2004 - The Carpet and Rug Institute (CRI) announces the release of two new maintenance publications.
Washington, DC, May 21, 2004 - Strong condo demand and signs that the rental apartment market finally is emerging from its slump fueled the confidence of multifamily builders in the first quarter of this year, according to the National Association of Home
Chattanooga, TN, May 20--Invista, a nylon and Lycra manufacturer, will cut at least 175 employees at its North Access Road plant in Hixson, company officials said, according to the Chattanooga Times/Free Press.
New York, NY, May 20--The Conference Board reports today that the Composite Index of Leading Economic Indicators increased 0.1% in April, following a 0.8% increase in March and no change in February.