Dixie Group Swings to Profit on Higher Sales
Chattanooga, TN, May 12, 2011 -- The Dixie Group reported net income of $623,000 for the first quarter, compared to a loss of $2.5 million a year ago.
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.
InterfaceFlor Forms New Hospitality Division
LaGrange, GA, May 12, 2011 -- InterfaceFlor said it is headed to HD Expo 2011 with a newly organized division dedicated exclusively to the hospitality industry.
Jobless Claims Decline in Week of May 7
Washington, DC, May 12, 2011 -- Initial jobless claims decreased 44,000 in the week ended May 7 to 434,000, Labor Department reported.
Foreclosures Down in April on Processing Delays
Irvine, CA, May 12, 2011 -- Foreclosure processing delays have resulted in fewer repossessions in April compared to a year ago, according to tracking firm RealtyTrac.
Retail Sales Rise for Tenth Straight Month
Washington, DC, May 12, 2011 -- U.S. retail sales posted their smallest gain in nine months in April as high food and gasoline prices took a greater share of consumer spending, according to the Commerce Department.
Flexco Signs New York Distributor All County
Tuscumbia, AL, May 12, 2011 -- Resilient flooring firm Flexco has signed All County Flooring Supply of Farmingdale, N.Y. to distribute its full line of products in New Jersey, New York City and southern counties in New York.
HomerWood Wins Three Design Awards
Titusville, PA, May 12, 2011 -- HomerWood Premium Hardwood Flooring won three ADEX (Award for Design Excellence) awards.
Desso Gets New Aviation Certification
Waalwijk, The Netherlands, May 12, 2011 -- Desso said it has been certified to the AS 9100 Revision C by Lloyd's Register Nederland B.V.
Producer Prices Rise in April on Higher Energy
Washington, DC, May 12, 2011 -- U.S. companies paid more for raw materials and factory goods in April, mostly due to rising energy prices, according to the Labor Department.
Expensive Mortgages To Lose Federal Backing
New York, NY, May 12, 2011 -- The federal government plans to scale back its support of high end mortgages, according to a story in the New York Times.