GDP Up 1% in Second Quarter
Washington, DC, Aug. 26, 2011 -- Gross Domestic Product grew at a 1% rate in the second quarter, the Commerce Department said Friday morning.
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.
August Consumer Sentiment Revised Higher
Ann Arbor, MI, Aug. 26, 2011 -- Consumer sentiment declined in August as consumers lost faith in the government's ability to prevent another recession, according to the Thomson Reuters/University of Michigan sentiment index.
Irish PVC Tile Maker Moves to Missouri
Grandview, MO, Aug. 26, 2011 -- Perfection Floor Tile, a manufacturer of interlocking PVC floor tiles, is moving its manufacturing from Armagah, Northern Ireland to Grandview.
Leggett & Platt Uses New Technology in Cushion
Carthage, MO, Aug. 26, 2011 -– Leggett & Platt’s Carpet Cushion Division has rolled out a new carpet cushion that features what it calls "microblend" technology.
Beaulieu Cuts Pay for All Employees
Dalton, GA, Aug. 25, 2011 -- Beaulieu of America has temporarily imposed a 10% pay cut for all of its 5,200 employees rather than lay off more workers, according to a story in the Dalton Daily Citizen.
Percentage of Home Sales from Foreclosures Falls
Irvine, CA, Aug. 25, 2011 -- Approximately one-third of all home sales this spring were foreclosures, according to tracking firm RealtyTrac.
Max Windsor Enters Vinyl Market With Plank
Rancho Cucamonga, CA, Aug. 25, 2011 -- Hardwood flooring firm Max Windsor Floors has entered the PVC plank market with a glue-down textured wood look called Wood Grains LVP.
Propex Names Maynie Director of Marketing
Chattanooga, TN, Aug. 25, 2011 -- Propex Operating Company said it has named John Maynie director of marketing.
Jobless Claims Rise on Verizon Labor Dispute
Washington, DC, Aug. 25, 2011 -- Initial claims for unemployment benefits rose last week, partly due to a labor dispute at Verizon, according to the Labor Department.
Desso Develops App for Apple Mobile Devices
Waalwijk, The Netherlands, Aug. 24, 2011 -- Carpet manufacturer Desso has introduced a new application for Apple’s iPhone and iPad mobile devices.