Valinge Terminates Two Chinese Licenses
Viken, Sweden, March 19, 2012 -- Välinge said it has terminated its license agreements on glueless mechanical locking system with two Chinese laminate producers.
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.
Investors Interested in Fannie's Foreclosed Homes
Washington, DC, March 19, 2012 -- Some major unidentified investors have reportedly shown interest in buying foreclosed properties being sold in bulk by Fannie Mae, according to a Wall Street Journal story.
Home Legend in Surfaces Recycling Effort
Adairsville, GA, March 19, 2012- Home Legend said it was one of six national flooring manufacturers who participated in a first-ever recycling effort following the January 2012 Surfaces/StonExpo/Marmomacc Americas in Las Vegas.
Consumer Sentiment Dips on Gasoline Prices
Washington, DC, March 16, 2012 -- Consumer sentiment in March declined for the first time since August, falling to 74.3 in a preliminary reading for the month from a final level of 75.3 for February.
Housing Market Continues To Improve
Washington, DC, March 16, 2012 -- The tally of housing markets showing measurable improvement reached 99 in March, according to the National Association of Home Builders/First American Improving Markets Index.
Aging Boomers To Affect Housing Trends
Washington, DC, March 16, 2012 -- Aging baby boomers and their echo boomer children will significantly impact trends in the nation’s housing market over the next 20 years, according to the National Association of Realtors.
Industrial Production Rises Again in February
Washington, DC, March 16, 2012 -- U.S. industrial production rose again in February, although it was somewhat restrained by a slowdown in manufacturing and a decline in natural gas extraction.
Formica Flooring Begins Social Media Campaign
Barnwell, SC, March 16, 2012 -- Formica Flooring has launched a social media campaign, which includes a blog (named FormicaFloorum) on formicaflooring.com.
Consumer Inflation Rises Most in Ten Months
Washington, DC, March 16, 2012 -- Consumer inflation in February rose by the fastest amount in 10 months as Americans paid much higher prices for gasoline, according to the Labor Department.
GE Capital, The Tile Shop, Extend Agreement
Kettering, OH, March 16, 2012 -- GE Capital Retail Bank and national tile retailer, The Tile Shop, have signed a multi-year extension of their credit card program, which originated in 2009.