Commercial Real Estate Lending Needs Boost
Washington, DC, Feb. 10, 2009--A severe lack of credit threatens commercial real estate and poses significant risks for the whole economy, according to a National Association of Realtors work group.
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.
Designer Tile Taking Share from Marble in India
New Delhi, India, Feb. 10, 2009--As marble prices begin to pinch purses, designer tiles are making deeper inroads into urban Indian homes. And they are getting more designer makeovers to suit market demands.
Armstrong Closing Montreal Tile Plant
Lancaster, PA, Feb. 9, 2009--Armstrong World Industries Inc. is closing its Montreal commercial and residential tile factory indefinitely effective May 1.
New Fed Plan Could Ease Mortgage Payments
Washington, DC, Feb. 9, 2009--The Obama administration is developing a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers.
New Zealand Wool Industry Facing Uncertainty
Auckland, New Zealand, Feb. 9, 2009--The multimillion dollar New Zealand wool industry is in crisis and there are fears if changes are not made soon it could be lost altogether.
Five Lammy Winners Named at Surfaces
Las Vegas, NV, Feb. 9, 2009--The North American Laminate Flooring Association announced the winners of the 2009 Lammy Awards at a press conference at Surfaces.
LG Floors Offering Green Building Course Online
Englewood Cliffs, NJ, Feb. 9, 2009--LG Floors is offering a course entitled, “Resilient Flooring and Green Building,” which is now live on AEC Daily's Online Learning Center.
Domotex Middle East Set for May
Dubai, UAE, Feb. 9, 2009--Domotex Middle East will highlight new concepts and trends during the exhibition’s 2009 edition May 17-19 at the Dubai International Convention & Exhibition Centre.
Losses Continue at Beazer Homes
Atlanta, GA, Feb. 9, 2009-- Beazer Homes USA, Inc. reported a net loss from continuing operations of $80.1 million, or $2.08 per share for its fiscal first quarter, including non-cash pre-tax charges of $30.1 million.
Chilewich Modifies Plynyl for Green Carpeting
New York, NY, Feb. 9, 2009--Nearly a decade ago, Chilewich, the New York City company that makes synthetic floor mats, upholstery, blinds and table accessories, did not have green concepts in mind.