Brumlow Named VP Product Development at OW
Dalton, GA, Feb. 19, 2010--Andy Brumlow has been promoted to vice president of product development for Oriental Weavers USA.
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.
Uniboard Opens North Carolina Plant
Laval, Quebec, Feb. 19, 2010--Uniboard said it has finished its new medium and high-density fiberboard plant in Moncure, N.C.
Mannington To Recycle Graphics from Olympics
Calhoun, GA, Feb. 18, 2010--3M Canada Company and Mannington Commercial have formed a joint project to reclaim large format graphics used in the Vancouver 2010 Winter Games and recycle them into flooring.
Remodeling Has Soft Fourth Quarter
Washington, DC, Feb. 19, 2010 - The market for residential remodeling remained depressed in the fourth quarter, according to the latest National Association of Home Builders’ Remodeling Market Index.
Analyst Likes Lumber Liquidators But Shares Sink
New York, NY, Feb. 19, 2010--Investors hammered Lumber Liquidators stock on Thursday despite a fairly upbeat earnings report by the firm. The stock closed down more than 12%
Fed Makes First Interest Rate Move
Washington, DC, Feb. 19, 2010--The Federal Reserve on Thursday raised an emergency lending rate it charges banks, its first interest rate move since 2008.
Core Consumer Prices Fell in January
Washington, DC, Feb. 19, 2010--Falling housing prices were a significant factor in a drop of 0.1% in core consumer prices in January.
Leading Economic Indicators Rose in January
Washington, DC, Feb. 18, 2010--U.S. leading economic indicators rose 0.3% in January, according to the Conference Board.
Armstrong Adjusts Amount, Timing of Wood Increase
Lancaster, PA, Feb. 18, 2010--Armstrong said it will hike solid hardwood prices in the U.S. and Canada by 5% to 7% percent beginning April 1. I
California Contractor DFS Expanding Into Fresno
Los Angeles, CA, Feb. 17, 2010--DFS Flooring is expanding into Fresno and has named Phillip Montgomery to lead the operation.