Housing Market Index Ticks Up in March
Washington, DC, March 15, 2011 -- The National Association of Home Builders/Wells Fargo Housing Market Index edged up a point to 17 in March, marking the highest reading since May 2010.
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.
Süddekor Names Hoelzer CEO
Agawam, MA, March 15, 2011 -- Joe Hoelzer has been named president and CEO at Süddekor LLC, effective April 1.
Oriental Weavers Signs Distributor Lane Sales
Dalton, GA, March 15, 2011 -- Oriental Weavers USA has signed distributor Lane Sales to represent Sphinx broadloom in Connecticut, New Jersey, and New York.
New York Manufacturing Continues To Expand
Washington, DC, March 15, 2011 -- Manufacturing in the New York region grew in March at a faster rate than in February, according to the Empire State manufacturing survey by the New York Federal Reserve Bank.
Import, Export Prices Both Higher in February
Washington, DC, March 15, 2011 -- U.S. import and export prices rose in February, the Labor Department said.
Berkshire Hathaway Buying Chemical Maker
Omaha, NE, March 14, 2011 -- Berkshire Hathaway, parent company of Shaw Industries, has agreed to acquire 100% of chemical maker Lubrizol for $135 per share in an all-cash deal.
Canadian Tile Firm Changes Name
Vancouver, British Columbia, March 14, 2011 --Bellavita Tile by DM Connections Inc. of Vancouver has officially changed its name to Bellavita Tile Inc. as part of a major restructuring.
China Ceramics' Profit Surges in Quarter
Jinjiang, China, March 14, 2011 -- China Ceramics Co. said that net profit for the fourth quarter was $9.4 million, up 133.5% from the same period in 2009.
Homerwood Cited in ABC's 'Made in America'
Titusville, PA, March 14, 2011 -- Armstrong subsidiary Homerwood Premium Hardwood Flooring was cited by ABC World News Tonight as part of the network’s “Made in America” series.
Oil Prices Down Again on Japan Uncertainty
New York, NY, March 14, 2011 -- Oil prices fell again Monday as analysts tried to determine how much the disaster in Japan will affect energy demand.