First Quarter GDP Unchanged in Final Reading
Washington, DC, June 28, 2012 -- Growth of the U.S. economy slowed as expected in the first quarter, 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.
Initial Jobless Claims Edge Down
Washington, DC, June 28, 2012 -- Initial jobless applications fell last week, according to the Labor Department.
Dixie Names Gilstrap Director Design Services
Dalton, GA, June 28, 2012 -- The Dixie Group has named Vickie Gilstrap director of design services, effective July 1.
Omnova Solutions Reports Higher Income
Fairlawn, OH, June 27, 2012 -- Omnova Solutions reported that net income for the second quarter was $7.0 million, or $0.15 per share, compared to $6.2 million, or $0.14 per share for the second quarter of 2011.
Earthwerks Signs Distributor Pacific Mat
Houston, TX, June 28, 2012 -- Earthwerks said that Pacific Mat and Commercial Flooring in Kent, Washington is its newest distributor.
Armstrong Linoleum Gets BioPreferred Label
Lancaster, PA, June 27, 2012 -- Armstrong linoleum sheet flooring products have been awarded the U.S. Department of Agriculture's certified biobased product label through the department's BioPreferred program.
Pending Home Sales Surge in May
Washington, DC, June 27, 2012 -- Pending home sales rebounded in May, matching the highest level since April 2010, according to the National Association of Realtors.
Carpetright Profits Plunge, Dividend Suspended
London, England, June 27, 2012 --Flooring retailer Carpetright has suspended its final dividend and posted falling full-year profits.
Gardner Industries To Distribute Earthwerks LVT
New York, NY, June 27, 2012 -- Gardner Industries has been named the exclusive distributor for Earthwerks LVT in the New York and New Jersey metropolitan area.
Mortgage Applications Down on Less Refinancing
Washington, DC, June 27, 2012 -- Mortgage application volume fell last week as refinancing applications declined, according to the Mortgage Bankers Association.