Fiji Hardwood Names Interim CEO
Suva, Fiji, May 12, 2011 -- Simione Sigaca has been appointed interim CEO for the Fiji Hardwood Corporation Limited, a supplier of mahogany hardwood.
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.
Mannington Increasing Vinyl Prices Next Month
Salem, NJ, May 11, 2011 -- Mannington Mills said it will increase prices 6-8% on all residential and commercial vinyl products, effective June 27.
Job Vacancies Posted Online Decline in April
New York, NY, May 11, 2011 -- Job vacancies posted online fell by 124,000 in April from March, the first decrease since 2010, according to The Conference Board.
UK Vinyl Recycling Program Gets 20 New Members
Worcester, England, May 11, 2011 -- Recofloor, the UK’s vinyl flooring recycling program has welcomed 20 new members from the Independent Floorcovering Distributors Association.
Mortgage Applications Up as Rates Fall
Washington, DC, May 11, 2011 -- Mortgage applications increased 8.2% from the previous week, according to the Mortgage Bankers Association’s weekly survey.
China Flooring Holding Planning Stock Offering
Hong Kong, China, May 11, 2011 -- China Flooring Holding Co. hopes to raise up to $202 million in an initial public offering ahead of listing on the Hong Kong stock exchange on May 26, according to reports.
Analyst Impressed With New Armstrong CEO
New York, NY, May 11, 2011 -- Analyst Stifel Nicolaus met with management at Armstrong World Industries this week and came away impressed, according to analyst John Baugh.
Housing Affordability Varies By Race, Ethnicity
Washington, DC, May 11, 2011 -- Housing is far more affordable for Asians and Whites than other ethnic groups, according to new data released by the National Association of Home Builders.
Online Shopping Surges in First Quarter
New York, NY, May 11, 2011 -- Online retail sales rose 12% in the first quarter over the same period a year ago, according to web measurement firm comScore Inc.
China Ceramics Reports Higher Quarterly Profit
Jinjiang, China, May 11, 2011 -- China Ceramics Co. reported first quarter net profit of $ 8.2 million, up 19.2% from the first quarter of 2010.