Marazzi Reports Higher Sales, Earnings in 2011
Sunnyvale, TX, April 9, 2012 -- Marazzi Group said it had sales of $1.08 billion for 2011, an increase of approximately 2% compared to 2010, and a 3% sales increase in U.S. dollars.
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.
Fannie, Freddie Aid More Apartment Financing
Washington, DC, April 9, 2012 -- Government supported mortgage companies Fannie Mae, Freddie Mac and Ginnie Mae in the first quarter sold $13.5 billion in securities that are tied to bonds to finance apartment buildings.
Jobless Applications Continue Downward Trend
Washington, DC, April 5, 2012 -- Applications for unemployment benefits continued to trend lower last week and remained at a four-year low, the Labor Department said.
Mohawk's Lorberbaum Gets Pay Boost in 2011
Calhoun, GA, April 5, 2012 -- Mohawk Industries Chairman and CEO Jeffrey Lorberbaum made more money last year than in 2010, according to a filing with the Securities and Exchange Commission.
First Tile Products Certified Under ANSI Standard
Anderson, SC, April 5, 2012 -- After five years developing an all-encompassing multi-attribute sustainability standard for tile and tile installation materials, the first certified sustainable products have been announced.
Planned Layoffs at 10-Month Low in March
Chicago, IL, MO, April 5, 2012 -- Planned layoffs declined in March to the lowest number in 10 months, according to outplacement firm Challenger, Gray & Christmas.
March Retail Sales Better Than Expected
Washington, DC, April 5, 2012 -- Retailers nearly across the board reported better-than-anticipated sales in March, an indication that Americans are feeling better about the economy.
Major Resilient Makers Combine Training in Event
Kansas City, MO, April 5, 2012 -- Certified Floorcovering Installers and the World Floor Covering Association held a resilient certification training event in Baltimore last month.
Mortgage Rates Remain Near Record Lows
Washington, DC, April 5, 2012 -- The average U.S. rate on the 30-year fixed mortgage fell slightly to 3.98% from 3.99% last week, according to Freddie Mac.
Amber Flooring Named Dealer for Coswick
Mississauga, Ontario, April 4, 2012 -- Hardwood flooring manufacturer Coswick Hardwood said that Amber Flooring has become the official Coswick dealer in Northern California.