Storm Sends Lowe's Sales, Income Higher
Mooresville, NC, Nov. 19, 2012 -- Lowe's reported third quarter net income rose to $396 million, or $0.35 per share, from $225 million, or $0.18 per share, a year earlier.
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.
Mannington Raising Engineered Hardwood Prices
Salem, NJ, Nov. 19, 2012 -- Mannington Mills said it will increase prices up to 6% on all engineered wood floors effective with shipments on Dec. 17.
BASF Adding Acrylic Capabilities in Chattanooga
Charlotte, NC, Nov. 19, 2012 -- BASF said it plans to expand production of emulsion polymers for the paper, paperboard and carpet industries in North America at its Chattanooga, Tennessee plant.
Builder Optimism Highest Since 2006
Washington, DC, Nov. 19, 2012 -- Builder confidence in the market for single-family homes posted a solid, five-point gain to 46 on the National Association of Home Builders/Wells Fargo Housing Market Index for November.
Existing Home Sales Rise in October
Washington, DC, Nov. 19, 2012 -- Home resales rose 2.1% in October to a seasonally adjusted annual rate of 4.79 million, according to the National Association of Realtors.
Economists See Stronger Third Quarter GDP
New York, NY, Nov. 19, 2012 -- The U.S. economy apparently picked up speed in the third quarter, according to economists from Goldman Sachs Group.
CARE Takes Part in Illinois Recycling Summit
Dalton, GA, Nov. 19, 2012 -- The Carpet America Recovery Effort was part of the program at the Illinois Carpet Recycling Summit held Oct. 16 in Elk Grove, Ill.
CRI Lists New Board of Directors
Dalton, GA, Nov. 19, 2012 -- The Carpet and Rug Institute recently named its new board of directors.
Joe Foye Presented Smrekar Memorial Award
Dalton, GA, Nov. 16, 2012 -- The Carpet and Rug Institute presented the Joseph J. Smrekar Memorial Award to Joe Foye, Mohawk Industries divisional general council and long-time CRI volunteer at its Annual Membership Meeting.
Scientific Certification Systems Changes Its Name
Emeryville, CA, Nov. 16, 2012 -- Veteran third-party certifier Scientific Certification Systems said it has changed its name to SCS Global Services.