Jobs Report Strongest Since Last April
Washington, DC, Feb. 3, 2012 -- Private employers hired the most workers since last April and the nation’s unemployment rate fell to the lowest level in nearly three years, according to the Labor 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.
Analyst Updates Outlook for Four Major Firms
New York, NY, Feb. 3, 2012 -- Flooring industry analyst Stifel Nicolaus has buy ratings on stock of Armstrong and Lumber Liquidators, and hold ratings on Mohawk and Interface.
Chain Store Sales Up Over Last Year
New York, NY, Feb. 3, 2012 -- U.S. chain-store sales rose 3.9% last week compared to the same week last year, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
IVC Adds Third Shift in Dalton Plant
Dalton, GA, Feb. 3, 2012 -- This month IVC US will celebrate its first anniversary of domestic production by adding a third shift to its manufacturing line, the company said.
Weyerhaeuser Reports Lower Quarterly Earnings
Federal Way, WA, Feb. 3, 2012 -- Weyerhaeuser Company reported net earnings of $65 million for the fourth quarter, or $0.12 per share, on net sales from continuing operations of $1.6 billion.
Factory Orders Increase in December
Washington, DC, Feb. 3, 2012 -- Factory orders rose 1.1% in December, the Commerce Department reported.
Services Sector Continues Expansion in January
Tempe, AZ, Feb. 3, 2012 -- The Institute for Supply Management’s service sector index rose to 56.8 in January from 53 a month earlier.
USFloors Signs License for Valinge Technology
Viken, Sweden, Feb. 3, 2012 -- USFloors Inc. has signed a license agreement with Välinge for production of 2G mechanical locking systems on its cork flooring and wood flooring, Valinge said.
Future Focus Awards Presented at Surfaces
Chattanooga, TN, Feb. 2, 2012 -- Floor Focus magazine named the winners of its first annual Future Focus Awards, which were created to recognize talented young professionals in the floorcovering industry.
Tarkett Makes Changes To Lower VOCs
Chagrin Falls, OH, Feb. 2, 2012 -- Tarkett said it is making several product advancements to have all products worldwide under 10 micrograms per cubic meter for total volatile organic compounds.