Armstrong Adjusted Net Income Rises in 4Q
Lancaster, PA, March 1, 2010--Armstrong World Industries reported fourth quarter net sales of $653.0 million, down 8 percent, from $708.4 million in the same period for 2008.
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.
Manufacturing Continued To Expand in February
New York, NY, March 1, 2010--The U.S. manufacturing sector expanded in February but at a slower rate than was expected, according to the Institute for Supply Management.
U.S. Construction Falls to Near Seven-Year Low
Washington, DC, March 1, 2010--U.S. construction spending in January fell to its lowest level since June 2003, hurt by a decrease in private nonresidential spending.
NALFA Develops Laminate Installation Video
Washington, DC, March 1, 2010--The North American Laminate Flooring Association has developed a video to guide proper laminate flooring installation.
Personal Spending Up More Than Incomes
Washington, DC, March 1, 2010--The commerce Department said that personal spending jumped by a larger amount than expected in January, although incomes didn't keep pace.
Oriental Weavers Buys Textile Firm
Cairo, Egypt, March 1, 2010--Egyptian carpetmaker Oriental Weavers said it will buy land and assets of a startup textile firm as demand in its export markets picks up.
Flooring Warehouse Destroyed in Fire
Ellijay, GA, March 1, 2010--A fire destroyed a carpet and flooring warehouse in Gilmer County, according to reports.
NCSU Gives Capel Award for State Growth
Troy, NC, March 1, 2010--Capel Inc. said that it was recently honored by the North Carolina State University Industrial Extension Service as a recipient of the "1B4NC" award.
Some Economists Predict Severe Housing Shortage
Washington, DC, March 1, 2010--Some economists are beginning to warn that a significant housing shortage may be on the horizon.
J&J Wins GSA's Evergreen Award
Dalton, GA, Feb. 25, 2010--J&J Industries said it has won the 2009 Evergreen Award from the General Services Administration.