Sphinx, OW Hospitality Take Larger Showroom
Dalton, GA, Aug. 7, 2012 -- Sphinx by Oriental Weavers and OW Hospitality said they will move to a new and expanded showroom at the Las Vegas World Market on Jan. 28–Feb. 1.
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.
Norwest Takes Majority Stake in Stanton Carpet
Syosset, NY, Aug. 6, 2012 -- Stanton Carpet Corporation, a supplier of decorative, branded carpet and custom rugs, said that Minneapolis-based Norwest Equity Partners has taken a majority position in the company.
Berkshire Hathaway Reports Lower Net Income
Omaha, NE, Aug. 6, 2012 -- Profits at Berkshire Hathaway Inc. in the second quarter fell 9%, the company said.
NAHB Lists 80 Housing Markets as Improving
Washington, DC, Aug. 6, 2012 -- A total of 80 metropolitan statistical areas across 32 states and the District of Columbia were listed as improving housing markets for August.
Milliken Opens Beijing Design Studio
Beijing, China, Aug. 6, 2012 –- Milliken said it has opened a design studio and showroom in Beijing, which will serve as a resource for designers, end users and sales associates in the area.
NAHB To Recognize Senior Housing Innovation
Washington, DC, Aug. 6, 2012 -- The National Association of Home Builders 50+ Housing Council is accepting applications for the 2013 Best of 50+ Housing Awards.
Mohawk's Earnings Rise in Second Quarter
Calhoun, GA, Aug. 2, 2012 -- Mohawk Industries reported second quarter net earnings of $73 million and earnings per share of $1.06, compared to $61 million or $0.88 per share, a year ago.
Payrolls Rise Sharply in July
Washington, DC, Aug. 3, 2012 -- Non-farm payrolls grew by 163,000 workers in July, the Labor Department said.
Builder Beazer Narrows Loss on Higher Sales
Atlanta, GA, Aug. 3, 2012 -- Beazer Homes reported a net loss of $39.9 million for the third quarter, compared with a net loss of $59.1 million in the same quarter last year.
Improving Economy Expected to Boost Remodeling
Boston, MA, Aug. 3, 2012 -- Home remodeling activity should grow by the end of this year and into 2013, according to a forecast by the Joint Center for Housing Studies of Harvard University.