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.
New York, NY, April 12, 2010--Stifel Nicolaus analyst John Baugh said multiple sources have confirmed that the residential carpet business has taken a turn for the positive in recent weeks, likely due to increased spending on remodeling.
Calhoun, GA, April 12, 2010--Mohawk Industries agreed to an $18 million settlement with former and current hourly employees who accused the carpet and flooring maker of using undocumented workers to depress wages.
Dalton, GA, April 12, 2010--The Carpet and Rug Institute has made changes to its vacuum testing program.
New York, NY, April 12, 2010--A survey of economists by the Associated Press released Monday describes an economic recovery that will move slowly this year and next.
Washington, DC, April 9, 2010--The U.S. Department of Energy has recognized Mannington Mills, Mohawk Industries, Shaw Industries, and Dow Chemical on its list of Save Energy Now Leader companies in the country.
St. Louis, MO, April 9, 2010--The National Wood Flooring Association announced the winners of its 2010 Wood Floor of the Year Contest during its Annual Convention in Washington, D.C.
Washington, DC, April 9, 2010--The 30-year fixed-rate mortgage reached its highest weekly level in eight months this week, averaging 5.21%, according to Freddie Mac's weekly survey of conforming mortgage rates.
Washington, DC, April 9, 2010--Houses with loans of $5 million or more will likely see a sharp rise in foreclosures this year, according to a RealtyTrac study for The Wall Street Journal.
Pittsburgh, PA, April 9, 2010--The Hardwood Council has a new brochure entitled, “How Selecting Materials Impacts our Lives – American Hardwoods and Life Cycle Assessment."
Washington, DC, April 9, 2010--The National Federation of Independent Business Small Business Legal Center has filed a motion to support the legal challenge against the EPA's greenhouse gas ruling.