New Home Sales Fall 3.2% in October
Washington, DC, November 29, 2006--Sales of new-homes fell 3.2% in October to a seasonally adjusted annual rate of 1.004 million, the Commerce Department estimated Wednesday.
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.
Architecture Building Index Show’s Sustained Growt
Washington, DC, November 27, 2006--The Architecture Billings Index (ABI), a leading economic indicator of construction activity, continued along the path of modest growth in October.
Congoleum Amends DIP Loan to Lower Interest Rate
Mercerville, NJ, November 21, 2006--Congoleum Corp. said its lender has agreed to lower the interest rate, increase borrowing availability and extend the maturity of its debtor-in-possession loan.
Unilin, Anderson Pen Uniclic Licensing Agreement
Clinton, SC, November 21, 2006 – Anderson Hardwood Floors has concluded a worldwide license agreement with Flooring Industries, the Ireland-based intellectual property company of the Unilin group.
Unilin Files Suit Against Hansol Homedeco in Korea
Wielsbeke, Belgium, November 21, 2006--Unilin announces the filing of a preliminary patent infringement action against Hansol Homedeco before the district court in Seoul, South Korea.
Motyl to Step Down as Amtico North American CEO
Coventry, England, November 17, 2006--Coventry, England, November 17, 2006--David Motyl, CEO of Amtico North America, will leave the company at the end of March 2007. He’ll be replaced by Chris McKee, who’s currently general manager of Flooring Services a
Retail Sales Off on Lower Gas Prices
Washington, DC, November 14, 2006--Retail sales fell in October for the second month in a row, pushed lower by falling gasoline prices, the Commerce Department reported Tuesday.
Three Plead Not Guilty In Workers' Comp Fraud
Los Angeles, CA, November 14, 2006--The president and vice president of a Chatsworth-based Cover-All Inc, pleaded not guilty Monday to charges that they bilked the state's workers' compensation fund out of nearly $11 million in premiums.
Armstrong’s Bankruptcy Red Tape Continues
Lancaster, PA, November 7, 2006--Armstrong World Industries has gotten out of bankruptcy, but the paperwork keeps rolling in.
AquaFil Opens Fiber Extrusion Facility in Georgia
Cartersville, GA, November 3, 2006--Aquafil USA Inc. recent inaugurated its new 142,000 sq. ft. facility in in Cartersville with a ceremony in front of more than 150 invitees.