Manufacturing in New York Still Slumping
New York, NY, June 15, 2009--The slumping New York state manufacturing sector shrank at a more severe rate in June than during the previous month, the New York Federal Reserve said.
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.
Tennant Gaining Traction With Cleaning Technology
Minneapolis, MN, June 15, 2009--Tennant Co. is using a new technology that electrically converts water into a super cleanser.
McKay Flooring Has New Products Using Storm Wood
Glasgow, Scotland, June 15, 2009--McKay Flooring Ltd has obtained exclusive rights to Storm Harvest flooring, a new ‘footprint free’ range of Scottish hardwood products.
Shaw Building Carpet-To-Energy Facility in Georgia
Dalton, GA, June 12, 2009--Shaw Industries said it plans to build a reclaimed carpet-to-energy facility at one of its carpet manufacturing plants in Dalton.
Consumer Sentiment Highest in Nine Months
Ann Arbor, MI, June 12, 2009--U.S. consumer sentiment rose less than expected in June, and remained at relatively low levels, according to a survey released Friday by the University of Michigan and Reuters.
Volker Sees Economic Growth Later This Year
Beijing, China, June 12, 2009--The U.S. economy could begin to grow again this year, but a strong recovery is unlikely, said President Barack Obama's top adviser Paul Volcker.
Household Wealth Tumbles in First Quarter
Washington, DC, June 12, 2009--Household wealth fell in the first quarter by $1.3 trillion, extending the biggest slump on record, according to the Federal Reserve.
Fixed Mortgage Rates Highest Since November
Washington, DC, June 12, 2009--Interest rates on U.S. fixed mortgages rose to the highest since November, signaling that the Federal Reserve’s plan to lower borrowing costs is stalling.
New Invista Commercial Fiber Has Green Recipe
Atlanta, GA, June 12, 2009--Invista has introduced Bio Legacy nylon, which it says is the commercial carpet industry’s first fiber containing materials derived from renewable resources and designed specifically for commercial market applications.
Aquafil Can Produce Nylon 6 from Recycled Carpet
Cartersville, GA, June 11, 2009--Aquafil USA said it now has the technology to produce nylon 6 solution dyed polymer from recycled carpeting in what it is calling its Econyl initiative.