Wholesale Inventories Rise More Than Expected
Washington, DC, April 10, 2012 -- U.S. wholesale inventories rose more than predicted in February, 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.
More Job Openings Posted in February
Washington, DC, April 10, 2012 -- Employers posted more job openings and increased overall hiring in February, according to the Labor Department.
Industrias Auxiliares Faus Files for Bankruptcy
Valencia, Spain, April 6, 2012 -- Spanish laminate manufacturer Industrias Auxiliares Faus and associate company Andrés Faus filed for Chapter 11 bankruptcy Feb. 20 in Valencia.
Armstrong Recalling Laid Off Flooring Workers
Elkins, WVA, April 9, 2012 -- Armstrong World Industries is recalling workers who were laid off last November at the company's Beverly plant, according to The State Journal.
Fewer Jobs Than Expected Added in March
Washington, DC, April 6, 2012 -- The U.S. economy added 120,000 jobs in March, according to the Labor Department.
Max Windsor Names National Sales Manager
Rancho Cucamonga, CA, April 6, 2012 -- Max Windsor Floors said that Fernando Ornelas has been named national sales manager.
Marazzi Reports Higher Sales, Earnings in 2011
Sunnyvale, TX, April 9, 2012 -- Marazzi Group said it had sales of $1.08 billion for 2011, an increase of approximately 2% compared to 2010, and a 3% sales increase in U.S. dollars.
Fannie, Freddie Aid More Apartment Financing
Washington, DC, April 9, 2012 -- Government supported mortgage companies Fannie Mae, Freddie Mac and Ginnie Mae in the first quarter sold $13.5 billion in securities that are tied to bonds to finance apartment buildings.
Jobless Applications Continue Downward Trend
Washington, DC, April 5, 2012 -- Applications for unemployment benefits continued to trend lower last week and remained at a four-year low, the Labor Department said.
Mohawk's Lorberbaum Gets Pay Boost in 2011
Calhoun, GA, April 5, 2012 -- Mohawk Industries Chairman and CEO Jeffrey Lorberbaum made more money last year than in 2010, according to a filing with the Securities and Exchange Commission.