Private Equity Firms Buy Floor and Decor
Atlanta, GA, Nov. 29, 2010 -- Floor and Decor Outlets of America, a retailer of hard surface flooring, said it has been acquired by private investment firms.
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.
Carpet King Inventory Up for Auction Next Month
Boardman, OH, Nov. 29, 2010 -- Flooring inventory at three stores operated by the Remnant Room Inc. will be put up for auction Dec. 6, according to The Business Journal.
UK Vinyl Recycling Program Wins Award
Worcester, England, Nov. 29, 2010 -- Recofloor’s approach to the collection and recycling of waste vinyl flooring won the Innovative Practice in Waste Management award.
Mohawk Signs Florida Lease
Orlando, FL, Nov. 29, 2010 -- Mohawk Industries has signed a lease for a 46,002 square foot space, according to GlobeSt.com.
Crossville Gets Local Sustainability Recognition
Crossville, TN, Nov. 29, 2010 -- Crossville Mayor J.H. Graham has recognized tile maker Crossville, Inc. as the Mayor’s Green Partner.
ProSource Opens Eastern Virginia Store
York, VA, Nov. 29, 2010 -- ProSource Wholesale Floorcoverings will open its third location in eastern Virginia.
Initial Jobless Claims Lowest in Two Years
Washington, DC, Nov. 23, 2010 -- Initial jobless claims dropped 34,000 last week to 407,000, the lowest level since July 2008, the Labor Department reported Wednesday.
Consumer Sentiment Hits Five Month High
Ann Arbor, MI, Nov. 23, 2010 -- U.S. consumer sentiment reached a five-month high on growing signs of improved job conditions, according to the Thomson Reuters/University of Michigan index.
Study Shows Value of Remodeling Dropping
Washington, DC, Nov. 16, 2010 -- Remodeling may be good for the soul, but it does little to add value to a home, according to a survey by Remodeling magazine in conjunction with the National Association of Realtors.
Armstrong Closes Credit, To Pay Special Dividend
Lancaster, PA, Nov. 23, 2010 -- Armstrong said it has closed on $1.050 billion in senior secured credit and that it will pay a special cash dividend of $13.74 per share worth about $800 million.