Consumer Prices Jump in February
Washington, DC, March 17, 2011 -- The Consumer Price Index rose 0.5% in February, the largest increase since June 2009, the Labor Department said Thursday.
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.
Former Oklahoma CFI President Pruitt Dies
Newcastle, OK, March 17, 2011 -- Charles Pruitt, former president of the Oklahoma chapter of the Certified Floorcovering Installers, died March 14 at the age of 70.
Housing Starts Fewest in Nearly Two Years
Washington, DC, March 16, 2011 -- House starts fell to a seasonally adjusted 479,000 homes last month, down 22.5% from the previous month--the fewest in almost two years, according to the Commerce Department.
Fed Uses Optimistic Tone in Latest Statement
Washington, DC, March 16, 2011 -- The Federal Reserve said Tuesday it will remain on its current course of pumping more cash into the economy even though the economy appears to be improving.
Ecore Recapitalizes, To Merge Facilities
Lancaster, PA, March 16, 2011 –- Recycled rubber flooring firm Ecore International Inc. said it has closed a $40 million recapitalization and refinancing package.
Laticrete Acquires Drytek Flooring Solutions
Bethany, CT, March 16, 2011 -- Latricrete said it has acquired Drytek Flooring Solutions, a supplier of self-leveling cements, decorative concrete toppings, and related products and systems.
InterfaceFlor ReEntry Program Now in Europe
Atlanta, GA, March 16, 2011 -- InterfaceFlor has expanded its ReEntry 2.0 system of separating yarn and backing from used carpet tile into Europe at its operation in the Netherlands.
Chain Store Sales Higher Than Last Year
New York, NY, March 15, 2011 -- Chain-store sales for the week ended March 12 rose 3.1% year-over-year, according to the International Council of Shopping Centers and Goldman Sachs
Wholesale Prices Surge on Food, Energy Costs
Washington, DC, March 16, 2011 -- Wholesale prices rose sharply last month due to higher energy costs and the largest rise in food prices in 36 years, according to the Labor Department.
New York Tile Companies Merge
Irondequoit, NY, March 16, 2011 -- Tile Wholesalers company has joined forces with The Tile Room, formerly in Rochester.