Mannington Wood Operation Gets FSC Certification
Salem, NJ, July 1, 2009--Mannington Mills’ wood manufacturing operations have been awarded FSC Chain-of-Custody certification.
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.
ADP Employment Report Better Than Expected
Roseland, NJ, July 1, 2009--Companies in the U.S. private sector shed 473,000 jobs in June, according to the ADP employment report released Wednesday.
Pending Home Sales Rise for Fourth Month
Washington, DC, July 1, 2009--Pending home resales ticked up in May for the fourth month in a row, boosted by affordability and special incentives for first-time buyers, according to the National Association of Realtors.
LG Spins Off Construction Related Businesses
Englewood, Cliffs, NJ, July 1, 2009--LG Chem, Ltd, has been spun-off from the parent company to create LG Hausys America, Inc.
Several Years of Low Interest Rates Possible
San Francisco, CA, July 1, 2009--It's possible that interest rates will remain low for several years, according to Federal Reserve Bank of San Francisco President Janet Yellen.
Lack of Business Travel Pressuring Hotel Loans
New York, NY, July 1, 2009--As many as one in five U.S. hotel loans may default through 2010 as companies spend less on travel.
Välinge Settles Patent Disputes With Chinese Firms
Viken, Sweden, July 1, 2009--Välinge has settled its legal disputes regarding infringement on Välinge's patent rights with two Chinese laminate producers.
Mohawk, County Solve Hillsville Plant Power Issue
Hillsville, VA, July 1, 2009--By signing a performance agreement with Mohawk Industries on Monday, the Carroll County Board of Supervisors retained more than 150 jobs and one of the largest industries in the county.
Mortgage Applications Fall Despite Lower Rates
Washington, DC, July 1, 2009--Mortgage application volume last week dropped a seasonally adjusted 18.9% from the week before, as refinancing activity plunged, the Mortgage Bankers Association reported Wednesday.
IVC Adds Northwest Distributor
Dalton, GA, July 1, 2009--IVC US has added Pacific Northwest distributor Wanke Cascade.