Mortgage Application Volume Up Last Week
Washington, DC, March 31, 2010--Mortgage application volume rose last week as demand for home purchase loans reached the highest level since October, according to the Mortgage Bankers Association.
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.
Recycled Content of Shaw's ClearTouch Verified
Dalton, GA, March 31, 2010--Shaw Floors said that the company’s ClearTouch BCF PET earned 25 percent post-consumer recycled content designation from UL Environment.
H.B. Fuller First Quarter Profit Triples
St. Paul, MN, March 31, 2010--Specialty chemical maker H.B. Fuller Co. said its first-quarter profit tripled to $19 million or $0.38 per share on higher volumes and improved margins.
Swiss Firm Sika Acquires Panbex Group
Baar, Switzerland, March 31, 2010--Sika AG said that its Czech subsidiary, Sika CZ s.r.o., has acquired the business of the Czech Panbex Group.
Välinge Powder Technology Comes in Two Levels
Viken, Sweden, March 30, 2010--Valinge has come up with two product categories for its new powder technology, which has been developed to replace solid surface paper on wood fiber floors.
February Factory Orders Higher Than Expected
Washington, DC, March 31, 2010--Orders to U.S. factories rose for a sixth straight month in February as businesses rebuilt inventories, the Commerce Department said.
Three Armstrong Board Members Stepping Down
Lancaster, PA, March 31, 2010--Armstrong World Industries, Inc. said that three directors, Judith R. Haberkorn, James C. Melville and Edward E. Steiner, will not stand for re-election when their respective terms expire.
Topps Tiles Reports Slower Q2 Sales
London, England, March 31, 2010--British retailer Topps Tiles said that second-quarter sales fell, as consumer confidence dipped and a general election nears.
Home Prices Rise in January, Index Shows
New York, NY, March 30, 2010--U.S. home prices recorded the smallest annual decline in nearly three years in January, according to the Standard & Poor's/Case-Shiller 20-city home price index.
Consumer Confidence Reverses Higher in March
New York, NY, March 30, 2010--U.S. consumer confidence recovered in March after falling sharply in February, the Conference Board said Tuesday.