GDP Grows 2% in Third Quarter
Washington, DC, Oct. 26, 2012 -- The U.S.economy continued to expand in the third quarter, rising at an annual rate of 2%, the Commerce Department 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.
Canada's BuildDirect Gets $4 Million Investment
Vancouver, British Columbia, Oct. 26, 2012 -- BuildDirect.com, an e-commerce site for heavy weight building materials including flooring and decking, said it received a $4 million investment from BDC IT Venture Fund.
Shaw Turf Moves Corporate Offices to Calhoun
Dalton, GA, Oct. 26, 2012 -- Shaw Turf said its corporate offices have been moved to Calhoun, Georgia.
Ardex Americas Promotes Two to Director Level
Pittsburgh, PA, Oct. 26, 2012 -- Ardex Americas has promoted Mark Walsh U.S. director of sales and Bob Dalton director of customer operations and commercial excellence.
Interface Swings to Loss in Third Quarter
Atlanta, GA, Oct. 25, 2012 -- Carpet tile specialist Interface, Inc. reported a third quarter net loss of $5.8 million or $0.09 per share, compared to net income of $12.2 million or $0.19 per share a year ago.
Fenwick to Lead Tarkett's Hard Surface Business
Chagrin Falls, OH, Oct. 25, 2012 -- Tarkett North America has named Jeff Fenwick president and chief operating officer.
Builder Pulte Reports Big Q3 Turnaround
Bloomfield Hills, MI, Oct. 25, 2012 -- PulteGroup, the second largest U.S. homebuilder, reported third-quarter net income of $116.6 million, or $0.30 per share, compared with a net loss of $129.3 million, or $0.34 per share, a year earlier.
Initial Jobless Applications Decline
Washington, DC, Oct. 25, 2012 -- Initial applications for unemployment benefits declined by 23,000 last week, according to the Labor Department.
Ryan Campaigning Today at Univeral Fibers
Bristol, VA, Oct. 25, 2012 -- Vice presidential candidate Paul Ryan is hosting a campaign event today at Universal Fibers headquarters in Bristol.
Pending Home Sales Edge Up in September
Washington, DC, Oct. 25, 2012 -- Contracts for home resales rose 0.3% in September, according to the National Association of Realtors.