Patent Ruling Sides With Smith & Fong, Firm Says
Seattle, WA, Jan. 29, 2009--Smith & Fong Co., of San Francisco, said it has received a favorable ruling on its patent litigation with Teragren LLC, of Bainbridge Island, Wash.
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.
Boomers Choosing To Remodel Rather Than Move
Washington, DC, Jan. 30, 2009--More aging homeowners are choosing to alter their current homes rather than move to accommodate their changing needs.
Commercial Construction Outlook Grim for 2009
Miami, FL, Jan. 30, 2009--Don’t expect construction miracles in 2009.
3M Sales, Profits Fall in Fourth Quarter
Maplewood, MN, Jan. 30, 2009--3M Co. said its fourth-quarter net income fell 37% on a restructuring charge, lower margins and falling international sales.
Teragren Seeks Patent Ruling Reconsideration
Bainbridge Island, WA, Jan. 29, 2009—Bamboo flooring manufacturer Teragren said it is seeking reconsideration of a ruling within its patent infringement lawsuit against Smith & Fong.
Feizy Rugs Names Key Account Manager
Dallas, TX, Jan. 30, 2009--Jamie Jones has joined Feizy Rugs as key account manager.
Mortgage Workouts by Industry Group Hit 239K
Washington, DC, Jan. 30, 2009--Mortgage companies modified a record 122,000 loans in December to try to avoid foreclosures, an industry group said Thursday.
Canadian Chain Carpet Giant Going Out of Business
Toronto, Canada, Jan. 29, 2009--Canadian chain Carpet Giant has declared bankruptcy and will close its 12 warehouse style stores.
Fed Holds Key Interest Rate Near Zero
Washington, DC, Jan. 28, 2009--The Federal Reserve on Wednesday moved a step closer to purchasing longer-term Treasury securities if needed to improve conditions in private credit markets.
Shaw Closing Georgia Yarn Plant Next Month
Milledgeville, GA, Jan. 29, 2009--Shaw will close its yarn plant in Milledgeville in the next few weeks, according to todaysmgt.com.