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.
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.
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.
Home Resales Increase in First Quarter
Washington, DC, May 10, 2011 -- Existing-home sales continued to recover in the first quarter with gains recorded in 49 states and the District of Columbia, according to the National Association of Realtors.
Armstrong Raising Resilient Prices in June
Lancaster, PA, May 10, 2011 -- Armstrong said it will increase prices 6-8% in the U.S. and Canada on vinyl composition tile, commercial and residential luxury vinyl tile, and residential sheet and tile.
Indonesia, EU Move To Stop Illegal Wood Trade
Washington, DC, May 10, 2011 -- Indonesia and the European Union have finalized an agreement aimed at ending the trade in illegally-sourced wood, according to the BBC.