Wales Firm Begins Carpet Tile Recycling Program
Brecon, Wales, April 1, 2009--A mid Wales facilities support company has launched a carpet tile recycling arm.
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.
Mortgage Refinancing Activity Remains High
Washington, DC, April 1, 2009--Mortgage application volume last week ticked up a seasonally adjusted 3% from the week before, as mortgage rates continued to fall, the Mortgage Bankers Association said on Wednesday.
Domotex Middle East Sees Growth in Lebanon
Dubai, UAE, April 1, 2009--Domotex Middle East 2009 is targeting Lebanon as a major market for carpets and floor coverings and a catalyst for the growing regional wholesale market.
Consumer Confidence Ticks Up in March
Washington, DC, March 31, 2009--Consumer confidence edged up in March from a record low in February, according to the monthly Conference Board index reported Tuesday.
Congoleum Sees Losses Rise in Fourth Quarter
Mercerville, NJ, March 30, 2009--Resilient manufacturer Congoleum Corp. said fourth quarter sales were $31.7 million, compared with sales of $43.8 million reported in the fourth quarter of 2007, a decrease of 27.6%.
Lennar Losses Increase Despite Sales Incentives
Miami, FL, March 31, 2009--Homebuilder Lennar Corp. said Monday it's first-quarter losses increased 77 percent as home deliveries and new orders fell despite stepped-up buyer incentives.
Pfleiderer Misses Revenue, Earnings Goals
Neumarkt, Germany, March 31, 2009-- Pfleiderer AG said it missed its revenue and earnings targets last year.
Propex Exits Bankruptcy Under New Owners
Chattanooga, TN, March 30, 2009 – Propex Inc. said that it will now operate outside of bankruptcy after spending 14 months under Chapter 11 protection.
Consolidated Carpet Marking 65th Anniversary
New York, NY, March 30, 2009—Consolidated Carpet is marking its 65th anniversary in the floorcovering business.
Home Prices Continue To Decline in January
New York, NY, March 31, 2009--The Standard & Poor's/Case-Shiller 20-city housing index released Tuesday fell by a record 19 percent from January 2008.