Manufacturing Expands in December
Washington, DC, Jan. 2, 2013 -- U.S. manufacturing expanded in December, according to the Institute for Supply Management index.
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 Revives American Rug Craftsman Name
Sugar Valley, GA, Jan. 2, 2013 -- Mohawk Home is reintroducing a name from its past: American Rug Craftsmen.
Siam Cement Group Acquires Tile Maker
Huong Canh, Vietnam, Jan. 2, 2013 -- Siam Cement Group said it will purchase a majority stake in Vietnamese tile maker Prime Group for $240 million.
Gulistan To File for Chapter 11 Bankruptcy
Aberdeen, NC, Dec. 31, 2012 -- Gulistan Carpet is apparently shutting down operations.
Pending Home Sales Highest Since April 2010
Washington, DC, Dec. 28, 2012 -- Pending home sales rose in November for the third straight month and reached the highest level in two-and-a-half years, according to the National Association of Realtors.
Consumer Confidence Fall on 'Cliff' Concerns
Washington, DC, Dec. 28, 2012 -- Consumer confidence dropped in December to the lowest level in four months, according to the Conference Board.
Home Prices Up Substantially Over a Year Ago
Washington, DC, Dec. 27, 2012 -- U.S. home prices in October were up 4.3% over a year ago, although they were lower than in September, according to the S&P/Case-Shiller 20-city index.
Initial Jobless Claims Drop Again
Washington, DC, Dec. 27, 2012 -- Initial applications for unemployment benefits fell the week of December 22 to one of the lowest levels of the year, according to the Labor Department.
Trissl Presented Key to City of Florence, Alabama
Florence, AL, Dec. 24, 2012 -- The City of Florence, Alabama recognized Centiva president and founder Thomas Trissl with two honors.
Mohawk To Acquire Marazzi for $1.5 Billion
Calhoun, GA, Dec. 20, 2012 -- Mohawk Industries said it will acquire Italian tile maker Marazzi Group for $1.5 billion in cash and equity.