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.
Washington, DC, Aug. 20, 2010--Housing affordability remains near its highest level over the last two decades, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.
Washington, DC, Aug. 20, 2010--Senator Tom Harkin (D-IA) said that a no-bid contract to expand the market for Afghan carpets should be suspended due to concerns over child labor.
Worcestershire, England, Aug. 20, 2010-- Carpets of Kidderminster has gone into administration.
Teesside, England, Aug. 20, 2010--Armstrong World Industries will remain in the European commercial flooring market, even though it is exiting the residential business, according to a story in nebusiness.
New York, NY, Aug. 19, 2010--The Index of Leading Economic Indicators for the U.S. increased 0.1% in July to 109.8, following a 0.3% decline in June, and a 0.5% increase in May.
Neumarkt, Germany, Aug. 19, 2010--Pfleiderer AG reported that revenue rose by 7.3% to $490 million from the first to the second quarter, although its laminate business remains flat.
Teesside, England, Aug. 19, 2010--Armstrong World Industries will apparently close a linoleum factory in Teesside, according to the BBC.
Auckland, New Zealand, Aug. 19, 2010--New Zealand’s sheep farmers are being increasingly drawn to a government carbon trading program that pays more to plant trees than sell wool, according to a Bloomberg News story.
Conshohocken, PA, Aug. 19, 2010--Mondo said it has received U.S. patents on Thermo-bonded, its new artificial turf backing.
Washington, DC, Aug. 19, 2010--Initial jobless claims rose unexpectedly in the latest week to their highest level in nine months, the Labor Department reported Thursday.