Wholesale Inventories Up Less Than Expected
Washington, DC, May 9, 2012 -- Wholesale inventories rose less than expected in March, according to the Commerce Department.
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.
Maryland Eases Rules on Contractor Status
Annapolis, MD, May 8, 2012 -- Legislation signed into law May 2 makes it easier for Maryland flooring firms to classify installers as subcontractors.
Armstrong Commercial Products Win Adex Awards
Lancaster, PA, May 8, 2012 -- Armstrong Commercial Flooring won four Adex awards for design excellence.
Mannington Marks Amtico Acquisition
Salem, NJ, May 8, 2012 -- Mannington Mills marked the acquisition of UK resilient flooring firm Amtico International by raising the Union Jack at its New Jersey headquarters during the firm's annual stockholders' meeting.
H.B. Fuller Selling Central Amer. Paint Business
St. Paul, MN, May 8, 2012 -- Adhesives maker H.B. Fuller said it will sell its Central American paints business to Grupo Mundial for $120 million, to concentrate on its core adhesives business.
Bank of America Offers Mortgage Balance Cuts
Charlotte, NC, May 8, 2012 -- Bank of America has begun offering thousands of underwater homeowners the chance to reduce their principal balance.
Mannington Opens Voting in Design Contest
Calhoun, GA, May 8, 2012 -- Voting has opened for the Grand Prize winner in Mannington Commercial's tx:style design challenge 2012.
Dixie Reports Loss, Improved Residential Sales
Chattanooga, TN, May 7, 2012 -- The Dixie Group reported a net loss of $181,000, or $0.01 per diluted share, for the first quarter of 2012 compared with net income of $623,000, or $0.05 per diluted share, for the year-earlier period.
Interface Forms Partnership with Carpet Recyclers
LaGrange, GA, May 7, 2012 -- Interface said it is finalizing a strategic partnership with The Carpet Recyclers, a La Mirada, Califoria-based business.
Improving Housing Markets List Holds Steady
Washington, DC, May 7, 2012 -- The list of housing markets showing measurable and sustained improvement held virtually unchanged in May at 100, down from 101 in April, according to the National Association of Home Builders.