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.

Short Sales Rising as Alternative to Foreclosure

Short Sales Rising as Alternative to Foreclosure

New York, NY, Oct. 19, 2011 -- Bloomberg News is reporting that U.S. home prices may get a boost from short sales, which is typically better for banks than pushing the properties all the way through foreclosure.

Crossville Promotes Two to Executive VP

Crossville Promotes Two to Executive VP

Crossville, TN, Oct. 19, 2011 -- Mark Shannon has been promoted to executive vice president of sales and DeWayne Galey has been promoted to executive vice president and chief financial officer at tile maker Crossville.

Builder Confidence Rises in October

Builder Confidence Rises in October

Washington, DC, Oct. 18, 2011 -- Home-builder confidence in October rose by the largest amount since the ending of the home-buyer tax credit program, though it remains at weak levels, according to the National Association of Home Builders.

The Clean Trust Elects Board, Committee Members

Vancouver, WA, Oct. 18, 2011 -– The Clean Trust, formerly The Institute of Inspection, Cleaning and Restoration Certification, elected its 2011-2012 board of directors and executive committee during its mid-October meeting in Vancouver.

Cali Bamboo Recognized for Growth

Cali Bamboo Recognized for Growth

San Diego, CA, Oct. 18, 2011 -- Bamboo flooring maker Cali Bamboo said it was named to the San Diego Business Journal’s fast growth list.

Chinese Growth Slows But Still Robust

Beijing, China, Oct. 18, 2011 -- Economic growth in China eased in the latest quarter to 9.15% from the previous quarter's 9.5% and last year's 10.3%, even as the government is trying to prevent overheating to keep inflation under control.