Karastan First To Earn Wool Air Certification
Dalton, GA, Jan. 5, 2011 -- Karastan said it has become the first company to carry the Wool: Clean Air Certified label on all of its wool carpets and rugs, a program managed by Wools of New Zealand.
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.
Job Cuts in 2010 Lowest in 13 Years
Chicago, IL, Jan. 5, 2011 -- In one good sign for the employment market, 2010 was the lowest year for job cuts in 13 years, according to outplacement consulting firm Challenger, Gray & Christmas.
Consumer Spending Rose During December
New York, NY, Jan. 5, 2011 -- Americans' spending picked up momentum in December, according to MasterCard Advisors' SpendingPulse.
Fed Plans To Stay The Course With Easing
Washington, DC, Jan. 5, 2011 -- The Federal Reserve isn't likely to adjust its $600 billion bond-buying plan, according to minutes from the last Federal Open Market Committee meeting.
Milliken Dies Before Inheritance Tax Takes Effect
Spartanburg, SC, Jan. 5, 2011 -- Roger Milliken died two days before new estate tax rates took effect, saving his heirs a substantial amount of money, according to a Bloomberg News story.
Tile Contractors Association Elects New President
Jackson, MS, Jan. 5, 2011 -- The National Tile Contractors Association elected Nyle Wadford of Neuse Tile as its new president for the 2010-2012 term.
Mortgage Application Volume Higher Last Week
Washington, DC, Jan. 5, 2011 -- Mortgage application volume rose last week after falling the week before, according to the Mortgage Bankers Association.
Bankruptcy Growth Slows Substantially
Raleigh, NC, Jan. 5, 2011 -- The growth in bankruptcies nationally dropped off substantially last year, according to an Associated Press report.
Dutch Company Embeds LED Lighting in Carpet
Amsterdam, The Netherlands, Jan. 5, 2011 -- Holland's Lama Concept has embedded LED lighting into carpet to create a customizable wayfinding system.
Colbond, Aquafil Partner on New Backings
Atlanta, GA, Jan. 4, 2011 -- Colbond and Aquafil are teaming up to create an environmentally friendly range of carpet backings, according to the Novwovens Industry website.