Carpet Retailer Hits The Roof Over Bank Loan
Fairfield, OH, Aug. 4, 2009--The owner of a carpet retailer in Ohio said he'll live on the roof of his store until a bank loan comes through to save his company, Cincinnati television WLWT reported.
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.
Tarkett Sports Buys Atlas Track & Tennis
Peachtree City, GA, Aug. 3, 2009--Tarkett Sports has acquied contractor Atlas Track & Tennis.
Pending Home Sales Rise Five Straight Months
Washington, DC, Aug. 4, 2009--In another sign the housing sector may be turning, pending sales of existing homes rose in June for the fifth straight month, according to the National Association of Realtors.
Anderson, Mullican Piloting NWFA Green Program
St. Louis, MO, Aug. 4, 2009--The National Wood Flooring Association has announced that two US wood flooring manufacturers have begun the audit process to become certified under the NWFA’s Responsible Procurement Program.
Rieter Reorganizes Management, CEO Departs
Winterhur, Switzerland, Aug. 4, 2009--The Board of Directors of Rieter Holding Ltd. has elected its Chairman Erwin Stoller as Executive Chairman.
Homebuilders Pulte, Centex See Increasing Orders
Bloomfield Hills, MI, Aug. 4, 2009--Pulte Homes Inc. and Centex Corp., which plan to combine to form the country's largest homebuilder, both reported that orders increased during the first half of the year.
BASF Raising Price for Polyamide (Nylon) 6
Florham Park, NJ, Aug. 4, 2009--BASF said it will increase the price for Polyamide 6 polymer by $0.10 per pound effective Aug. 10.
Wife of Home Depot Fraud Schemer Sentenced
Atlanta, GA, Aug. 4, 2009--Melissa D. Tesvich, the ex-wife of a Home Depot executive who is serving six years in prison for heading a multimillion-dollar flooring fraud scheme against the retailer, was sentenced to two years in federal prison.
Homebuilder D.R. Horton Narrows Loss
Fort Worth, TX, Aug. 4, 2009--D.R. Horton Inc. reported its ninth straight quarterly loss as record foreclosures and rising joblessness hurt demand.
ServiceMagic Increasing Workforce by 20 Percent
Golden, CO, Aug. 4, 2009--Online contractor listing service ServiceMagic.com said Monday it expects to hire up to 200 new employees at its Golden headquarters by year’s end, according to American City Business Journals.