Välinge Signs Chinese Firm Power Dekor
Viken, Sweden, March 18, 2009--Välinge said that Chinese producer Power Dekor is a new licensee.
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.
Housing Starts, Permits, Rise Unexpectedly
Washington, DC, March 17, 2009--Housing starts in February rose sharply, defying economists' forecasts for yet another drop in activity.
Non-Profit RugMark Adds Seven Licensees
Washington, DC, March 18, 2009--Seven North American rug companies recently joined RugMark to help put an end to exploitive child labor in the handmade rug industry.
Forbo Flooring Systems' Operating Earnings Rise
Baar, Switzerland, March 17, 2009--The Forbo Group said it posted sales of $1.64 billion in 2008, just below the previous year’s level of $1.69 billion.
Spending Stimulus Money Easier Said Than Done
Washington, DC, March 17, 2009--The federal government wants the states to begin spending stimulus money as quickly as possible but rules about how to spend the money are still being formulated and the states are hesitant to proceed.
Q.E.P., Lenders Extend Forbearance Agreement
Boca Raton, FL,March 17, 2009--Q.E.P. Co.said that its forbearance agreement with lenders will continue through April 16.
Former Mohawk Executive Dies in Charleston
Charleston, SC, March 16, 2009--Robert Saunders, 91, died in Charleston, S.C. on Dec. 24.
Wholesale Prices Barely Budge in February
Washington, DC, March 17, 2009--The Labor Department reported that wholesale prices edged up 0.1 percent in February.
Last Carpet Factory in Halifax Closing
Halifax, England, March 17, 2009--The last carpet factory in Halifax is closing.
Retail Spending Fell Week of March 14
Washington, DC, March 17, 2009--Spending at U.S. retail establishments fell in the week ending March 14, according to a survey from ICSC.