Mortgage Application Volume Falls To 6-Year Low
Washington, DC, Aug. 20, 2008--Mortgage application volume fell last week to its lowest levels in more than six years, 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.
European Laminate Producers Seek Green Status
Bielefeld, Germany, Aug. 21, 2008--European laminate flooring producers are going on the offensive to prove the sustainability of their products.
Malawi Bans Hardwood Exports
Malawi, Africa, Aug. 21, 2008--The Ministry of Industry and Trade has imposed an immediate ban on the export of hardwood and hardwood products.
Rich Named Mohawk Director of Brand Management
Dalton, GA, Aug. 20, 2008--Bart Rich has been named director of brand management for Mohawk Soft Surface products, a new position.
Azrock Debuts New Commercial Website
Houston, TX, Aug. 20, 2008 – Azrock Commercial Flooring has launched a new website that provides a more comprehensive tool for architects, designers, specifiers, distributors, contractors and other key clients.
Alloc, Berry Sign New Distributors
Racine, WI, Aug. 20, 2008--Alloc Inc. and Berry Floor USA Inc. have added distributors for their laminate products.
Forbo Earnings Rise 16 Percent in First Half
Baar, Switzerland, Aug. 19, 2008--Swiss floor covering maker Forbo Holding AG Tuesday reported a 16 percent rise in first half net profit to $49.3 million.
Persian Rugs Exhibition Starts Friday in Tehran
Tehran, Iran, Aug. 20, 2008--The 17th exhibition of hand-woven Persian rugs is to kick off Friday in an area of 20,000 square meters at Tehran International Fairground.
Oriental Rug Retailers Select PR Agency
New York, NY, Aug. 20, 2008 -- The Oriental Rug Retailers of America, Inc. (ORRA) has chosen the New York City-based consultancy Daniel Kennedy Communications Services for public relations and brand-identity marketing communications.
Home Depot Profit Falls 24 Percent in Quarter
Atlanta, GA, Aug. 19, 2008--The Home Depot Inc. reported a 24 percent decline in second-quarter profits but beat expectations.