Buffett Rules Out Double-Dip Recession
Butte, MT, Sept. 14, 2010--Warren Buffett, whose Berkshire Hathaway owns Shaw Industries, said a double dip recession won't happen.
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.
USFloors Begins Largest Georgia Solar Project
Dalton, GA, Sept. 14, 2010--The largest solar installation in Georgia will begin this week on the roof of a warehouse owned by USFloors, according to GPB News.
Invista, DuPont Settle Three Lawsuits
Wilmington, DE, Sept. 13, 2010--Invista and DuPont said they have signed a settlement agreement that resolves three existing lawsuits between the companies.
Nydree Flooring Consolidating Manufacturing
Forest, VA, Sept. 14, 2010--Nydree Flooring said it is consolidating factory locations by moving the Forest-based manufacturing facility to Karthaus, Pennsylvania.
Cali Bamboo Product Gets 5,000+ Janka Rating
San Diego, CA, Sept. 14, 2010--Cali Bamboo said its Fossilized Bamboo Flooring line received a 5,000-plus pound Janka hardness rating.
Chain Store Sales Higher Last Week
New York, NY, Sept. 14, 2010--U.S. chain-store sales rose 2.6% last week, according to the International Council of Shopping Centers and Goldman Sachs.
Commercial Construction Spending Seen Off 14%
New York, NY, Sept. 14, 2010--A new report by Standard & Poor's Ratings Service says that commercial construction spending will probably fall 14% this year.
Hardwood Exports to Middle East on The Rise
Washington, DC, Sept. 14, 2010--The total value of U.S. hardwood lumber shipped to Egypt from January to June 2010 rose 113% to $6.1 million compared to the first half of last year, according to the American Hardwood Export Council.
Sustainability Forum Draws Carpet Representatives
Dalton, GA, Sept. 13, 2010--More than 60 representatives from the domestic carpet industry attended a symposium Friday sponsored by the U.S. Department of Commerce's Import Administration and Shaw Industries.
UK Vinyl Recycler Recofloor Has First Anniversary
London, England, Sept. 13, 2010--Recofloor, the vinyl flooring recycling joint venture formed by manufacturers Altro and Polyflor, has collected and recycled 155 tons of vinyl and safety flooring off-cuts in its first full year.