Pending Home Sales Fall 1.1%
Washington, DC, November 1, 2006--The pending home sales index fell 1.1% in September after a 4.7% increase in August, according to the National Association of Realtors. The index is down 13.6% in the past year.
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.
Armstrong Ties Directors to Interests of Sharehold
Lancaster, PA, October 31, 2006--Armstrong World Industries wants its new directors and new shareholders to have the same aspirations.
Survey: Homeowners Thinking Green on Home Improvem
New York, NY, October 30, 2006--For home owners dreaming of making improvements, environmentally friendly changes are the top choice, according to a survey released by Wells Fargo.
Study: 60% of Boomers and Mature Consumers Plan to
Atlanta, GA, October 27, 2006--Key findings of a study conducted of baby boomers and mature customers, for Home Depot, show that a majority of those 50 and older want to stay in their current homes for the foreseeable future.
Välinge Sign License Agreements with Three Chinese
Viken, Sweden, October 25, 2006--The Chinese wood producers Jilin Newco Wood Industries Co. based in the Jilin province and Daedal Flooring Co limited based in the Jiangsu province have signed a worldwide license agreement with Välinge Innovation AB.
Aquafil Opens New Plant
October 24, 2006, Cartersville, GA--Italian Nylon 6 producer Aquafil moved into its new digs today.
Multifamily Stock Index Continues Record Climb
Washington, DC, October 24, 2006--Despite the market correction occurring in the overall housing market, investor confidence remains strong in publicly held firms whose primary business involves apartments and condos.
Judge Reduces Bail in Cover-All Workers' Comp
Los Angeles, CA, October 23, 2006--A Los Angeles Superior Court commissioner reduced bail Friday from $6.5 million to $100,000 for each of three defendants charged in a massive workers' compensation premium fraud case.
Baillie Lumber to Buy Long Floor Supply
October, 23, 2006, Hamburg, NY--Baillie Lumber (Hamburg, NY) has entered into an agreement to purchase Long Floor Supply, Inc and Long Floor Distributing, LLC, Virginia companies.
The Floor Trader to Enter Charlotte Market
Charlotte, NC, October 20, 2006--Flooring-products retailer The Floor Trader plans to enter the Charlotte market with four stores by the end of 2008.