Remodeling Surges in May
Austin, TX, July 18, 2011 -- BuildFax said its remodeling index for May shows that remodeling had its highest level of activity since the index was introduced in 2004.
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.
Johnsonite Begins VCT Recycling in Texas
Chagrin Falls, OH, July 18, 2011 -- Johnsonite said it has formed a partnership with Texas Carpet Recycling and Corporate Floors to recycle its vinyl composition tile.
Builder Confidence Rises in July
Washington, DC, July 18, 2011 -- Builder confidence in the market for newly built, single-family homes rose two points to 15 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Armstrong Locks Out Ceiling Plant Workers
Lancaster, PA, July 18, 2011 -- Armstrong World Industries locked out its Marietta ceilings plant's 260 unionized employees at noon Sunday.
Financing Pricey Homes Likely To Cost More
Washington, DC, July 18, 2011 -- It's going to cost more to finance high end homes in expensive markets starting this fall unless pending legislation is passed.
Sales of Small Businesses Increases
Washington, DC, July 18, 2011 -- More small-business owners sold their companies in the second quarter, according to a story in the Wall Street Journal.
Portuguese Wood Mill Acquires Part of BR-111
Miami, FL, July 15, 2011 -- BR-111 Exotic Hardwood Flooring said it has formed a partnership with one of the largest flooring mills in the world Ribadao - Industria de Madeiras, S.A. of Portugal.
Homeownership Back to Historical Level
Washington, DC, July 15, 2011 -- The drop in the homeownership rate from an all-time high of 69.2% in 2004 to 66.4% in the first quarter of 2011 reflects a decline from unsustainable levels to something closer to historical averages.
Consumer Sentiment Declines in Early July
Ann Arbor, MI, July 15, 2011 -- Consumer sentiment fell to 63.8 in early July, reaching the lowest level since March of 2009, according to the Reuters/University of Michigan index released Friday.
Invista To Step Up Energy Savings Efforts
Wichita, KS, July 15, 2011 -- Carpet fiber maker Invista said it has established a global goal to reduce its energy intensity 20% by 2020.