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.
Washington, DC, June 26, 2008--The National Association of Home Builders has abandoned its support of a controversial provision in the Senate-passed bill that would have allowed builders to carry back their losses two additional years.
Linwood, PA, June 26, 2008--Foamex International has begun its stock rights offering and second lien loan offering.
Washington, DC, June 25, 2008--The Federal Reserve left its key short-term fed funds interest rate unchanged Wednesday at 2 percent, the first time it held rates steady in the past nine months.
Midland, MI, June 25, 2008--Dow Chemical Co. said Tuesday that it was raising prices up to 25 percent.
Washington, DC, June 25, 2008--Sales of new single-family houses in May 2008 were at a seasonally adjusted annual rate of 512,000, 40.3 percent below last year.
Lancaster, PA, June 25, 2008--Armstrong World Industries has named Stephen F. McNamara vice president and controller, effective July 1.
New York, NY, June 25, 2008--A New York designer sued Williams-Sonoma Inc. for copyright infringement, claiming the retailer is selling carpets that are indistinguishable from rugs featuring her copyrighted designs.
New York, NY, June 24, 2008— After almost 30 years of being based in Brooklyn, Consolidated Carpet has moved its operations to a newly purchased 80,000 square foot corporate operations center.
Atlanta, GA, June 25, 2008--The Centers for Disease Control has recommended that some artificial turf athletic fields made from nylon should be tested for lead.
Chicago, IL, June 25, 2008--The 40th annual NeoCon World’s Trade Fair had an attendance of 50,500, a 4 percent decrease from the 2007 show.