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, Sept. 4, 2009--So called prime borrowers, the nation's most credit-worthy borrowers, are now falling behind on their mortgage and credit-card payments at a faster pace than people with poor financial histories.
Washington, DC, Sept 3—The Labor Department reports the number of unemployed workers filing for jobless benefits fell last week by 4,000 to 570,000, but that was less than the 560,000 figure the market had been expecting.
Red Bank, NJ, Sept. 3, 2009--Homebuilder Hovnanian Enterprises Inc. on Wednesday said its quarterly loss narrowed, but it was still larger than Wall Street had expected.
Washington, DC, Sept. 2, 2009--Federal Reserve officials were confident that the steep downturn in the economy was coming to an end.
Birmingham, AL, Sept. 2, 2009--Mohawk's beige SmartStrand carpet came clean after spending two weeks with Ricko, a 2,800 pound black rhinoceros at the Birmingham Zoo.
Dalton, GA, Sept. 2, 2009--Shaw Industries has released its inaugural sustainability report to describe the company’s environmental efforts.
Summitville, OH, Sept. 3, 2009--Production engineers at Summitville Tiles' Minerva ceramic tile and brick manufacturing facility began to fire up a kiln that had been idled since January.
Salt Lake City, UT, Sept. 2, 2009—Connor Sport Court International’s quality management system has been awarded ISO-9001:2008 certification by an independent third party auditor.
Chattanooga, TN, Sept. 1, 2009—Propex Operating Company LLC said that prices of all Polybac, Actionbac. and all other backings for the carpet industry will be increased an average of 15% effective Sept. 14.
Lancaster, PA, Sept. 2, 2009--In the wake of TPG Capital's purchase of 7 million shares of Armtrong World Industries, the flooring maker has announced the resignation of four members its board of directors.