Obama To Back Closing Fannie, Freddie
Washington, DC, Aug. 6, 2013 -- President Barack Obama will apparently urge Congress this week to back bipartisan efforts to close down mortgage giants Fannie Mae and Freddie Mac.
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.
Mohawk Closing Both Swedish Pergo Plants
Calhoun, GA, Aug. 6, 2013 -- Mohawk Industries plans to close down its two laminate plants in Sweden in the third quarter, the firm revealed in its quarterly conference call.
Late Payments on Mortgages at Five Year Low
New York, NY, Aug. 6, 2013 -- The mortgage late-payment rate has fallen to the lowest level in five years, according to reporting agency Transunion.
Leonardo Academy To Hold Life Cycle Webinar
Madison, WI, Aug. 5, 2013 -- Leonardo Academy will hold a two-part webinar Sept. 18 and 25 to illustrate the uses of the draft standard, Type III Life-Cycle Impact Profile Declarations for Products, Services and Systems.
Mohawk Group Issues EPD for EcoFlex
Dalton, GA, Aug. 6, 2013 -- Mohawk Group said it has issued its first Environmental Product Declaration (EPD) for its EcoFlex ICT modular commercial floor covering.
Former Nemo Tile President Karlin Dies
New York, NY, Aug. 6, 2013 -- Maurice Jerome (Jerry) Karlin, age 88, former president of Nemo Tile Co., died May 13.
Services Sector Expands in July
Washington, DC, Aug. 5, 2013 -- The services sector of the economy expanded at a faster pace in July, according to the Institute for Supply Management.
Stifel Nicolaus Raises Mohawk Estimates
New York, NY, Aug. 5, 2013 -- Analyst Stifel Nicolaus is maintaining its "buy" rating on Mohawk Industries and raising its earnings estimate after the company's latest quarterly filing.
FloorTek Announces Education Speakers
Dalton, GA, Aug. 5, 2013 -- The American Floorcovering Alliance is adding an educational component to its FloorTek Expo, scheduled for Sept. 10 – 12 in Dalton at the NorthWest Georgia Trade & Convention Center.
CRI's Mendez Talks Recycling at NEMA Summit
Dalton, GA, Aug. 5, 2013 -- Jenn Mendez, the Carpet and Rug Institute vice president for governmental relations, was a featured presenter at the National Electrical Manufacturers Association Recycling Summit July 30.