AIA Billings Index Improves in February
Washington, DC, March 18, 2009 – Following another historic low score in January, the Architecture Billings Index was up two points in February.
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.
Distributor Galleher Opens Las Vegas Office
Santa Fe Springs, CA, March 20, 2009 —Flooring distributor Galleher Corp. has opened an 8700-square-foot facility in Las Vegas.
North American Nylon 6,6 Prices Fall
New York, NY, March 20, 2009--North American nylon 6,6 prices have slipped by 3 cents per pound to $1.37 this month.
Mercier Wood Flooring Gets ISO 9001 Certification
Montmagny, Quebec, Canada, Mach 20, 2009--Mercier Wood Flooring said its manufacturing and development process of prefinished hardwood flooring has been registered as compliant with the International Standard ISO 9001:2000.
Oriental Weavers Adjusts To Slower Exports
Cairo, Egypt, March 20, 2009--Oriental Weavers fared relatively well over an 18-month period as the U.S. housing crisis spread and oil prices soared.
UK's Floors-2-Go Scales Back Expansion Plans
Birmingham, England, March 20, 2009--UK flooring retailer Floors-2-Go has scaled back its expansion plans as it takes a cautious approach to store openings amid the downturn.
Retail Forward Predicts Flat Retail Sales
Columbus, OH, March 19, 2009—In the wake of the worst holiday in at least 40 years, market research firm Retail Forward forecasts continued flat sales or contraction through most of 2009.
Lowe's Says February Sales Were as Expected
Mooresville, NC, March 19, 2009--Lowe's Companies said that sales for February were in line with the company's guidance for the quarter.
Fed Actions Could Lower Mortgage Rates
Washington, DC, March 19, 2009--U.S. mortgage rates could fall to the lowest in more than 60 years after the Federal Reserve said it will buy up to $300 billion of Treasuries and increase purchases of mortgage-backed bonds.
Aquafil To Manufacture Superior Technologies Yarn
Cartersville, GA, March 18, 2009 - Aquafil USA, Inc. has entered into an agreement with Monticello International to manufacture all nylon yarns previously produced under the brand Superior Yarn Technology.