Tufting Industry Pioneer Erwin Dies
Chattanooga, TN, May 28, 2008--Don Roy Erwin, founder of Erwin Enterprises Inc., died Monday May 26.
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.
Solutia Anticipates Special Pretax Charges in '08
St. Louis, MO, May 28, 2008--Solutia Inc. said it expects to record pretax charges of between $45 million and $60 million over the next four years as a result of the planned closure of rubber chemicals operations at a Wales facility.
Green Building Could Hit $42 Billion by 2015
Silicon Valley, CA, May 28, 2008--The green building industry saw an estimated $12 billion in revenues last year and could top $42 billion by 2015, according to Venture Beat.
New Document Outlines Backing and LEED Points
Dalton, GA, May 28, 2008--BioCel and EnviroCel have developed a new document that describes how their products contribute to points in the U.S. Green Building Council's LEED certification program.
Mortgage Applications Drop on Less Refinancing
Washington, DC, May 28, 2008--Mortgage applications fell 4.6 percent last week due to a drop in refinancing activity, the Mortgage Bankers Association said.
Home Prices Keep on Falling; New Home Sales Rise
Washington, DC, May 27, 2008--Home prices fell in March by the most in at least seven years, according to the S&P/Case-Shiller home-price index. The Case-Shiller index dropped 14.4 percent from a year earlier.
Consumer Confidence Falls More Than Expected
Washington, DC, May 27, 2008-- Consumer Confidence fell to the lowest level in more than 15 years, according to the Conference Board.
Wellmade Organizing Chinese Quake Relief
St. Louis, MO, May 27, 2008--Wellmade, a manufacturer of bamboo and hardwood out of Nanjing, Jiangsu, China, has provided a way for people in the U.S. flooring industry to send relief funds directly to the Chinese Red Cross.
Tile Contractors Association Prepares for Event
Jackson, MS, May 27, 2008--The National Tile Contractors Association has scheduled the 2008 Total Solutions Business and Technical Conference for Sept. 18-20.
Unilin, Pfleiderer Patent Dispute Heats Up
Dalton, GA, May 27, 2008--Mohawk's Unilin Beheer BV division has counter-sued the Pergo AB division of Pfleiderer AG, the largest supplier of wood used in paneling and laminate flooring in North America, accusing it of infringing nine U.S. patents.