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.
Auckland, New Zealand, Oct. 6, 2010--A new deal with a European flooring distributor has the potential to absorb more than two million kilograms of New Zealand crossbred wool a year, according to the Otago Daily Times.
Washington, DC, Oct. 6, 2010--Mortgage application volume fell 0.2% from one week earlier on lower demand for refinancing, while demand for purchase mortgages rose to the highest level since May.
Chicago, IL, Oct. 6, 2010--Planned layoffs at U.S. firms rose slightly in September, though it was the second lowest level of the year, according to outplacement consultancy Challenger, Gray & Christmas, Inc.
Viken, Sweden, Oct. 6, 2010--Valinge said that a U.S. District Court has ruled in favor of Pergo regarding patent infringement based on insufficient evidence, but also ruled against Pergo regarding the validity of Välinge patents.
Chagrin Falls, OH, Oct. 6, 2010--Johnsonite, the North American commercial arm of the Tarkett Group, said that its rePLACE demountable wall base has earned FloorScore certification.
New York, NY, Oct. 6, 2010--Lower foreclosure rates helped decrease economic stress nationwide in August, according to an analysis by the Associated Press.
Long Island, NY, Oct. 5, 2010--Stanton Carpet, a manufacturer and importer of decorative branded carpet and custom rugs, said it has acquired the carpet wholesale dealer distribution business of F. Schumacher & Co.
New York, NY, Oct. 5, 2010--U.S. chain-store sales rose 2.4% last week compared with one year ago, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Washington, DC, Oct. 5, 2010--The National Association of Home Builders' chief economist has reduced his housing starts forecasts for the remainder of this year and next year.
Washington, D.C., October 5, 2010--On Monday, the U.S. Justice Department sued credit card companies Mastercard, Visa and American Express for anti-competitive practices.