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.
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.
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.
Factory Orders Surge Higher in November
Washington, DC, Jan. 4, 2011 -- Factory orders rose in November, as businesses responded to stronger demand from consumers, according to the Commerce Department.
Retail Sales Up 3.6% Over 2009 Last Week
New York, NY, Jan. 4, 2011 -- Retail sales rose 3.6% last week from a year earlier, according to the International Council of Shopping Centers and Goldman Sachs.
Rug Market America Returning to AmericasMart
Atlanta, GA, Jan. 4, 2011 -- The Rug Market America will return this month to AmericasMart in Atlanta after a five-year absence.
Richmond Flooring Retailer Closes
Richmond, VA, Jan. 4, 2011 -- Capitol Floors & Decorating is closed and is liquidating inventory at its showroom in western Henrico County, according to the Richmond Times-Dispatch.