Tandus Working With Carbonfund on GRG Emissions
Dalton, GA, Dec. 19, 2008--Tandus is partnering with Carbonfund.org to effectively offset the greenhouse gas (GHG) emissions of its products, according to a story in the Daily Citizen.
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.
Bush Administration Authorizes Loans to Big 3
Washington, DC, Dec. 19, 2008--Citing danger to the national economy, the Bush administration came to the rescue of the U.S. auto industry Friday, offering $17.4 billion in emergency loans.
Capri Cork, Tandus Products Win Design Awards
Lancaster, PA, Dec. 19, 2008--Capri Cork's Espresso won Interior Design Magazine’s Best of Year Product Award for the Hard Floor Covering category.
30-Year Mortgage Hits 37 Year Low
Washington, DC, Dec. 19, 2008--The benchmark 30-year fixed-rate home mortgage fell to an average of 5.17% this week, the lowest since Freddie Mac began its weekly rate survey in 1971.
Economic Indicators Fall in November
Washington, DC, Dec. 18, 2008--More economic weakness is in store for the first few months of 2009, the Conference Board said Thursday, citing continuing housing and credit problems.
Loloi Rugs Expanding in AmericasMart
Atlanta, GA, Dec. 19, 2008--Five years after its debut in Atlanta, Loloi Rugs is expanding in its current AmericasMart showroom, adding 3,000 square feet.
Commercial Real Estate Lending Dries Up
Washington, DC, Dec. 18, 2008--With the exception of cash transactions, investment activity in commercial real estate sectors is nearly at a standstill because commercial lending has essentially halted.
Factory Activity Down in Philadelphia Area
Philadelphia, PA, Dec. 19, 2008--Manufacturing continued to contract in the Philadelphia region in December, although at a less-rapid pace than in the prior month.
Oil Briefly Falls Below $40 Despite OPEC News
New York, NY, Dec. 18, 2008--Oil prices briefly slipped below $40 per barrel, near 4 1/2-year lows, as investor pessimism over global crude demand outweighed the news of OPEC's intention to cut output by a record amount.
Forbo's Cole Chair-Elect of USGBC Board
Washington, DC, Dec. 17, 2008—The U.S. Green Building Council (USGBC) has elected officers and members for its 2009 Board of Directors.