Vitromex Names New Director of Operations
San Antonio, TX, May 7, 2009--Tom Cosky was recently named director of operations for Vitromex USA.
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.
Shaw Carpet Recycling Center Humming Along
Augusta, GA, May 7, 2009--There's no recession at Augusta's Evergreen Nylon Recycling Plant, according to a story in the Augusta Chronicle.
Tennant Swings To Loss in First Quarter
Minneapolis, MN, May 7, 2009--Tennant Co., which makes floor cleaning products, reported a first-quarter loss as the recession hit sales across all geographic regions.
Productivity Increases in First Quarter
Washington, DC, May 7, 2009--Productivity rose in the first quarter as U.S. firms cut their workforce, outpacing the drop in output, the Labor Department reported Thursday.
Furniture Brands Sees First Quarter Loss
St. Louis, MO, May 7, 2009--Furniture Brands said a first quarter loss was the result of a "severe downturn" in consumer spending.
New Jobless Claims Hit 14-Week Low
Washington, DC, May 7, 2009--New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked.
EcoTimber Gets New CEO, Wins Awards
Richmond, CA, May 6, 2009--Dale Payton-Engle has been named the new CEO of flooring supplier EcoTimber, replacing Lewis Buchner.
Bernanke Growing More Upbeat About Economy
Washington, DC, May 6, 2009--The U.S. economy seems to be contracting at a slower rate than it was a few months ago, Federal Reserve Chairman Ben S. Bernanke told the Joint Economic Committee yesterday.
ADP Jobs Report Much Better Than Expected
Roseland, NJ, May 6, 2009--Private-sector job losses slowed more than expected in April, hitting their lowest since November last year, according to a report by ADP Employer Services on Wednesday.
Lumber Liquidators Net Income Rises 18%
Toano, VA, May 6, 2009--Lumber Liquidators said that first quarter net income increased 18.1% to $5.1 million, or $0.19 per share, compared to $4.3 million, or $0.16 per share a year ago.