Initial Jobless Claims Higher Than Expected
Washington, DC, Sept. 23, 2010--Initial jobless claims jumped 12,000 to 465,000 in the latest week, the Labor Department reported 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.
AIA Billings Index Rises Modestly in August
Washington, DC, Sept. 22, 2010-- The architecture billings index, a closely watched indicator of future U.S. construction spending, edged up in August, its third consecutive monthly increase, according to the American Institute of Architects.
Former Universal Fibers Chief Joins Mohawk
Dalton, GA, Sept. 22, 2010--Bentley Park has joined Mohawk Industries as senior vice president and general manager of the Commercial Division.
Tandus Product Wins Symposium Award
Dalton, GA, Sept. 22, 2010--Tandus Flooring won this year’s Symposium Distinction Award in the Most Sustainable category with the Urban Nature Collection on Powerbond.
Omnova To Purchase French Chemicals Maker
Fairlawn, OH, Sept. 22, 2010--Omnova Solutions said it is pursing a $300 million purchase of French chemicals manufacturer Eliokem International.
Ottawa Firm Begins Carpet and Pad Recycling
Ottawa, Ontario, Canada, Sept. 22, 2010--Westboro Flooring & Decor said it became in July the first floor covering company in Ottawa to recycle all carpet and underpad waste.
FHFA Says Home Prices Fell in July
Washington, DC, Sept. 22, 2010--July home prices in the U.S. fell 0.5% compared with June, and were down 3.3% compared with a year earlier, the Federal Housing Finance Agency reported Wednesday.
Goodfellow Named Distributor for From The Forest
Weston, WI, Sept. 22, 2010--Goodfellow Inc. will operate as the exclusive distributor of From The Forest brand of engineered hardwood flooring throughout Canada.
Mortgage Application Volume Falls
Washington, DC, Sept. 22, 2010--Mortgage application volume last week slid 1.4% from the week before, the Mortgage Bankers Association reported Wednesday.
Valinge Files Infringement Suit Against Pergo
Viken, Sweden, Sept. 22, 2010--Valinge said it has filed a patent infringement lawsuit against Pergo in U.S. District Court in Delaware.