Wholesale Inventories Up Sharply in December
Washington, DC, Feb. 9, 2012 -- Wholesale inventories rose 1.0% in December, the second strong gain in the past three months, according to the Commerce Department.
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.
Indian, Polish Wood Floor Firms in Collaboration
New Delhi, India, Feb. 9, 2012 -- Wood flooring maker BVG Flooring has entered into a techno-marketing collaboration with Barlinek of Poland, one of the largest wooden flooring manufacturers in the world.
Consumers See Firming Housing Prices
Washington, DC, Feb. 8, 2012 -- Consumer outlook for improving home prices rose again in January, according to mortgage firm Fannie Mae.
NWFA Pioneer John H. Reid Dies
Meridian, TX, Feb. 8, 2012 -- John Harold Reid, age 85, who worked at Trinity Floor Company for 50 years, 30 of those years as owner and president, died Feb. 5.
WFCA Names Gold Standard Retailer
Anaheim, CA, Feb. 8, 2012 -- The World Floor Covering Association has named Mount Vernon Carpet One the winner of its Gold Standard Award for excellence in retailing.
Foreclosure Inventory Falls in 2011
Washington, DC, Feb. 8, 2012 -- There were 1.4 million homes in the foreclosure inventory at the end of 2011, down 8.4% from a year earlier, according to data firm CoreLogic Inc.
Refinancing Requests Jump on Falling Rates
Washington, DC, Feb. 8, 2012 -- Mortgage application volume rose last week, fueled by increased demand for refinancing as interest rates fell, according to the Mortgage Bankers Association.
Senate Bill Would Spur Lending to Builders
Washington, DC, Feb. 8, 2012 -- The National Association of Home Builders commended Sen. Robert Menendez (D-NJ) for introducing the Home Building Lending Improvement Act of 2012.
Philadelphia Floor Holding Second 'Nailer Day'
Conshohocken, PA, Feb. 8, 2012 -- Philadelphia Floor Store will hold its 2nd Annual Nailer Day on Thursday, March 15, at its Conshohocken showroom.
BASF Raising Styrofan Prices
Dalton, GA, Feb. 7, 2012 -- BASF said it will increase its prices for Styrofan carboxylated styrene-butadiene polymers sold to the carpet industry in the U.S. and Canada by $0.12 per dry pound, effective Feb. 18.