Merida Meridian Sponsoring Rug Design Contest
Boston, MA, Oct. 5, 2009--Rug designer and manufacturer Merida Meridian has paired up with Boston not-for-profit organization Artists For Humanity (AFH) to kick off an eight-week rug design contest.
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.
Greenspan Predicts Higher Unemployment
Washington, DC, Oct. 5, 2009--Former Federal Reserve Chairman Alan Greenspan predicted Sunday that the unemployment rate will push past 10 percent and stay at that level for a while.
FieldTurf Names Former Gerflor Exec Division VP
Montreal, Quebec, Oct, 5, 2009--FieldTurf Tarkett has named Stephane Leudet to the position of vice president, Indoor Division, North America.
Polyflor Products Get FloorScore Certification
Lancaster, PA, Oct. 5, 2009--Gerbert Limited, exclusive U.S. distributor of Polyflor commercial flooring, said that a wide range of Polyflor products have been awarded FloorScore certification for indoor air quality.
SBA Lending Falls Dramatically from Last Year
Washington, DC, Oct. 5, 2009--The Small Business Administration ended its 2009 fiscal year on Wednesday and the agency approved less than 45,000 loans, down 36% compared to last year and 56% from 2007.
California Retailer Files Chapter 11 Bankruptcy
Fresno, CA, Oct. 2, 2009--One of the oldest and best-known floor-covering retailers in the central San Joaquin Valley has filed for bankruptcy.
Mortgage Rates Fall, 15-Year Hits Two Decade Low
Washington, DC, Oct. 2, 2009--The average rate on 30-year fixed-rate mortgages fell this week below 5% to a four-month low, according to Freddie Mac's weekly survey.
Formica Flooring Adds Southeast Distributor
Barnwell, SC, Oct. 2, 2009--Formica Flooring said that A&M Supply Corporation will distribute its products throughout North Carolina, South Carolina, Georgia, Alabama and Tennessee.
Tau Buys Porcelanatto Trademark
Castellon, Spain, Oct. 2, 2009--Tau has acquired the Porcelanatto trademark for its worldwide commercial use.
Nourison Promotes Three to Executive Positions
Saddlebrook, NJ, Oct. 2, 2009--Nourison Industries has promoted three Nourison executives to new positions.