Durable Goods Orders Drop
Washington, DC, Feb. 26--Durable goods orders tumbled in January amid the largest drop in transportation equipment demand since 2002.
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.
New-Home Sales Off
Washington, DC—Feb. 26--Demand for new homes fell to the lowest level in eight months in January, but sales didn't drop as far as analysts expected.
Foam Products Extends Warranties
Calhoun, GA, Feb. 29--Foam Products Corporation announces that on all Sta-Put polymeric foam non-skid area rug pads the warranty will be for the life of the rug.
Existing-Home Sales Down
Washington, Feb. 25--Sales of existing single-family homes were down in January from near-record highs but remain exceptionally strong.
Thomasville City Council OKs Incentives for Unilin
Thomasville, NC, Feb. 25--The Thomasville City Council agreed to extend a $3.36 million economic incentives package to Unilin Decor Monday.
Lowe’s is Fortune's “Most Admired” Specialty
Mooresville, NC, Feb. 25--Lowe’s Companies, Inc. is the most admired specialty retailer in America for the second year in a row, according to the FORTUNE 2004 rating of Most Admired Companies.
Columbia Flooring's Danville Plant Wins Award
Danville, VA, Feb. 25--Columbia Flooring's Danville engineered hardwood flooring plant received the 2003 President's Award for outstanding performance.
Forbo Teams with INSTALL to Certify Installers
St. Louis, MO, Feb. 25--Professional installers of resilient flooring will now have more opportunities to earn a Forbo Associate Mechanic certification.
Builders Vote Armstrong Tops in Brand Use Study
Lancaster, PA, Feb. 25--Armstrong and Bruce Hardwood Floors were voted brand leaders in multiple categories, winning Builder Magazine's 2004 Brand Use Study in laminate, vinyl and wood flooring.
Group Can't Block Sale of Cone Mills
Charlotte, NC, Feb. 25--A committee in the Cone Mills Corp. bankruptcy case failed to meet a midnight deadline to post a $35 million bond that would have stalled the sale of the company to WL Ross & Co.