Some Economic Indicators Showing Improvement
Washington, DC, Oct. 25, 2011 -- While much of the world is focused on Europe's economic issues, last week's numbers showed economic improvement domestically, especially for manufacturing.
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.
Metroflor Names Cronin Northwest Distributor
Norwalk, CT, Oct. 25, 2011 -- Luxury vinyl firm Metroflor Corporation has named The Cronin Company its new distributor for the Pacific Northwest and has expanded the territory of Tri-West Ltd., one of its existing distributors.
Home Values Continue To Fall
New York, NY, Oct. 25, 2011 -- The S&P/Case-Shiller index of property values fell 3.8% from August 2010, the group said today in New York.
Mohawk on Newsweek's Annual Green List
Dalton, GA, Oct. 25, 2011 -- For the third consecutive year, Newsweek recognized Mohawk Industries in the magazine’s annual ranking of the 500 “greenest” U.S. companies among the largest publicly traded companies.
Shnier Receives Think Green Certification
Brampton, Ontario, Canada, Oct. 25, 2011 -- Canadian flooring firm Shnier said it received the Think Green Certification.
Carpetright Still Sees Falling Sales
London, England, Oct. 25, 2011 -- Carpetright, Britain's biggest floor covering retailer, said full-year net income would be toward the lower end of analysts' expectations.
Colbond Names Krauth Vice President Sales
Arnhem, the Netherlands, Oct. 25, 2011 -- Colbond said it has named Marc Krauth vice president of sales and marketing.
Beaulieu Closing Dalton Plant
Dalton, GA, Oct. 23, 2011 -- Beaulieu of America will close its Riverbend plant in Dalton, Ga. by the end of the year.
Changes Coming to Mortgage Refinancing Program
Washington, DC, Oct. 24, 2011 -- The Obama administration will announce significant changes to a mortgage-refinance program that include eliminating restrictions for those whose homes have fallen significantly in value, The Wall Street Journal said.
Housing, Commercial Starts Should Improve in 2012
Washington, DC, Oct. 24, 2011 -- Overall construction isn't likely to pick up much next year, although prospects for housing and commercial building are somewhat brighter, according to a forecast by McGraw-Hill Construction.