Builder Lennar Reports Surge in Orders
Miami, FL, March 27, 2012 -- Homebuilder Lennar reported its biggest increase in orders in nearly a year although its first-quarter net income fell 45% because of a year-earlier gain.
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.
Beaulieu Regional Show Draws Over 200 Dealers
Dalton, GA, March 27, 2012 -– Beaulieu said that more than 200 dealers attended its regional show in Tunica, Mississippi earlier this month.
Invista's Mack Hale Dies
Kennesaw, GA, March 27, 2012 -- Mack H. Hale, manager of major accounts at Invista Surfaces, died unexpectedly on March 22 after spending 40 years in the floor covering industry.
House Prices Continue To Fall in January
New York, NY, March 27, 2012 -- U.S. home prices fell for the fifth month in a row in January to the lowest level since early 2003, according to the S&P/Case-Shiller index.
Firms To Develop Bio-Based Concrete Coatings
Elgin, IL, March 27, 2012 -- DSM Functional Materials and Empresa Brasileira de Biotechnologia of Brazil have signed an agreement to launch a new line of DSM-branded bio-based materials targeting the concrete floor coatings market.
February Pending Home Sales Well Ahead of 2011
Washington, DC, March 26, 2012 -- Pending home sales were well ahead of last year in February, although they were down slightly from January, according to the National Association of Realtors.
Armstrong To Pay Special Dividend
Lancaster, PA, March 26, 2012 -- Armstrong has officially declared a special cash dividend of $8.55 per share.
Distributors Announce Speakers for Convention
Chicago, IL, March 26, 2012 -- The North American Association of Floor Covering Distributors and North American Building Material Distribution Association have announced speakers for their 2012 Annual Convention.
Summers Says Strong Recovery Likely Underway
Cambridge, MA, March 26, 2012 -- Former Treasury Secretary Lawrence Summers wrote in the Financial Times that there's a good chance that a strong economic recovery is beginning.
Orian Rugs Names Sales Vice Presidents
Anderson, SC, March 26, 2012 -- Orian Rugs has named Paul Crump as vice president of sales for the Southeast region and Mike Donovan as vice president of sales for the Midwest region.