Forbo Doubles Group Profit, Flooring Sales Rise
Baar, Switzerland, Aug. 17, 2010--The Forbo Group said it doubled its group profit from operations in the first half of 2010 to $56.4 million.
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.
Mortgage Delinquencies Continue To Rise
Washington, DC, Aug. 16, 2010--U.S. homeowners continue to fall behind on their mortgage payments, credit reporting agency TransUnion said Tuesday.
Nydree Flooring Gets FloorScore Certification
Forest, VA, Aug. 17, 2010--Nydree Flooring said it has obtained FloorScore certification for it’s acrylic impregnated wood flooring products.
Oriental Weavers Second Quarter Profit Falls
Cairo, Egypt, Aug. 17, 2010--Oriental Weavers reported a 6% decline in second-quarter net profit.
Wholesale Prices Rise for First Time Since March
Washington, DC, Aug. 17, 2010--Wholesale prices rose in July for the first time since March, according to the Labor Department.
Manufacturing Leads Rise in Industrial Production
Washington, DC, Aug. 17, 2010--Industrial production rose in July on the strength of U.S. manufacturing, according to the Federal Reserve.
Home Builder Confidence Falls in August
Washington, DC, Aug. 16, 2010--Home builder confidence edged down for a third consecutive month in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.
Consultant To Help Expand Afghan Carpet Industry
Washington, DC, Aug. 16, 2010--The Pentagon is planning to award a one-year, no-bid contract worth about $1 million to Tremayne Consulting to expand the market for Afghan carpets.
Anderson Wins Pinchot Sustainability Award
Dalton, GA, July 23, 2010--Anderson Hardwood Floors was selected for the Gifford Pinchot Award.
New York Manufacturing Conditions Show Improvement
New York, NY, Aug. 16, 2010--The New York Federal Reserve said the general business conditions index from its Empire State Manufacturing Survey rose to 7.1 this month.