Housing Measures on Tap in Washington This Week
Washington, DC, February 25, 2008--Homeowners on the verge of bankruptcy or foreclosure could get relief from Congress this week.
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.
Brazilian Police Seize 500 Truckloads of Hardwood
Sao Paulo, Brazil, February 25, 2008-- Brazilian federal police seized more than 500 truckloads of illegally cut hardwood that were abandoned last week when rioting residents and loggers drove out environmental authorities.
Solutia, Banks, Spar in Court Over Bankruptcy Loan
New York, NY, February 22, 2008--Solutia's three bankruptcy lenders decided independently to pull out of a commitment to fund the company's $2 billion exit loan based on credit market conditions, a lawyer for the lenders said in court.
CARE Director Leaving for Chemical Society
Dalton, GA, February 22, 2008—Robert Peoples, executive director of the Carpet America Recovery Effort, has accepted a new position as executive director of the Green Chemistry Institute of the American Chemical Society.
Tarkett Residential Raising Prices April 1
Farnham, Quebec, Canada, February 22, 2008--Tarkett Residential said it will increase prices for its residential resilient.
Focus Groups Show Carpet Facts Are Vital
Nashville, TN, February 22, 2008--The more factual information women know about carpet, the more likely they are to buy it, two focus groups in Nashville hinted last week.
Mohawk Names Dealer of the Year at Convention
Orlando, FL, February 22, 2008-- Mohawk Industries named House of Floors of Albuqerque, N.M. as the 2007 National Dealer of the Year.
Conference Board Says Housing Correction Ending
Washington, DC, February 22, 2008--The Conference Board said that despite continuing problems in the housing and financial markets, a U.S. recession is not imminent.
Possible U.S. Recession Mutes Pfleiderer's Outlook
Neumarkt, Germany, February 22, 2008-- Pfleiderer AG CEO Hans Overdiek said he is ``more cautious'' on its profit outlook in the face of a possible U.S. recession.
Nourison Carpets Get Green Label Certification
Saddlebrook, NJ, February 21, 2008--Twenty carpet collections from Nourison have received Green Label certification from the Carpet and Rug Institute.