Default Would Be Costly for Housing, NAR Says
Washington, DC, Oct. 11, 2013 -- Defaulting on the nation’s federal debt could be disastrous for the U.S. economy and catastrophic for the housing recovery, the National Association of Realtors said.
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.
Wells Named to Anderson Foundation Board
Atlanta, GA, Oct. 11, 2013 -– Interface Americas CEO John Wells has been appointed to join the Ray C. Anderson Foundation’s Advisory Board.
Interface To Redeem Senior Notes
Atlanta, GA, Oct. 11, 2013 -– Interface has decided to redeem $27.5 million in aggregate principal amount of its 7 5/8% senior notes due 2018 at 103% of the principal amount plus accrued interest.
Shutdown Holding Back Mortgage Approvals
Washington, DC, Oct. 10, 2013 -- The government shutdown is beginning to take a toll on the housing market as some lenders are delaying mortgage approvals and others have stopped accepting applications completely.
Mannington Brings Laminate Production to U.S.
Salem, NJ, Oct. 9, 2013 -— Mannington Mills said that beginning this month the company is moving production of its Diamond Bay laminate products to its facility in High Point, N.C. from its current production location in China.
Agency Report May Have Led to LL Search
New York, NY, Oct. 10, 2013 -- The search of Lumber Liquidators' offices by federal agents was likely the result of a report by the non-governmental Environmental Investigation Agency.
Shaw Installing Solar Panels at Georgia Plant
Cartersville, GA, Oct. 10, 2013 -- Shaw Industries is installing solar panels on the roof of its carpet tile manufacturing facility in Cartersville.
Leigh Fibers Names Chief Operating Officer
Spartanburg, SC, Oct. 10, 2013 -- Darrell J. Turner has been appointed chief operating officer of Leigh Fibers, succeeding Keith Taylor.
Jobless Applications Surge Due to Shutdown
Washington, DC, Oct. 10, 2013 -- Initial applications for unemployment benefits surged to 374,000 in the first week of October due largely to unusual circumstances, according to the Labor Department.
Mullican Flooring in Southern Living Home
Johnson City, TN, Oct. 10, 2013 -- Mullican Flooring has been named a title partner for the 2014 Southern Living Showcase Home, which will be opening next spring.