Beazer Home Closings Cut in Half
Atlanta, GA, Jan. 13, 2009--Beazer Homes said that home closings for the quarter ended Dec. 31 totaled 938, a 53.2% decline from 2,006 homes closed during the same period in the prior fiscal year.
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.
Carpet Replaces Wood, Tile, at Detroit Auto Show
Detroit, MI, Jan. 12, 2009--At the General Motors display on the main floor of the Detroit auto show, carpeting has replaced the more lavish wood and tile flooring the automaker usually uses.
Declines Ahead for Commercial Construction
New York, NY, Jan. 12, 2009--Contractors, investors and developers are bracing for what could be the worst commercial real estate crunch since the early 1990s.
Retired Engineer Behind New Recyclable Carpet
Centreville, DE, Jan. 12, 2009--Retired DuPont Co. engineer Dimitri Zafiroglu is the key development force behind a carpet that's designed to eliminate some of the stubborn hurdles to successful carpet recycling, according to a story at Delaware.online.
Oil Prices Back Below $40 on Production Fears
New York, NY, Jan. 12, 2009--Crude oil prices fell below $40 in New York on concern that production cuts by the Organization of Petroleum Exporting Countries will fail to counter a slump in demand.
Analyst Downgrades Omnova Solutions
Fairlawn, OH, Jan. 12, 2009--KeyBanc has downgraded Omnova Solutions from hold to underweight.
Gulistan Closing North Carolina Plant
Turnersburg, NC, Jan. 9, 2009--Gulistan Carpet will close its Turnersburg plant in Iredell County next month, according to the Statesville Record & Landmark.
ArborCraft Withdraws from Surfaces Show
Johnson City, TN, Jan. 8, 2009 – ArborCraft has decided to withdraw from the Surfaces trade show.
CRI Revokes Support for GreenSeal Standard
Dalton, GA, Jan. 9, 2009--The Carpet and Rug Institute said it will no longer recognize GreenSeal's GS-37 Standard as a Green Certification for its Seal of Approval Carpet Cleaning Solutions.
Job Losses Continue To Rise in December
Washington, DC, Jan. 9, 2009--The economy lost 524,000 jobs in December, closing out the worst year for job losses since World War II, the Labor Department said Friday.