Beazer Homes Closings Fall 38% in Quarter
Atlanta, GA, Nov. 10, 2008--Beazer Homes said that home closings for the quarter ended Sept. 30, totaled 2,441, a 38.2% decline from a year ago.
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.
Moody's Reviewing Mohawk's Debt Rating
New York, NY, Nov. 10, 2008--Moody's Investors Service has placed Mohawk Industries Inc.'s long-term debt rating on review for possible downgrade, after Mohawk reported third-quarter earnings which fell short of Wall Street expectations.
Unemployment Reaches 14-Year High
Washington, DC, Nov. 7, 2008--The U.S. unemployment rate surged to a 14-year high of 6.5% in October as nearly a quarter million jobs were lost, the Labor Department reported Friday.
Public Construction Could Be Bright Spot in 2009
Trenton, NJ, Nov. 7, 2008--While many forecasts are calling for a slowdown in non-residential construction, New Jersey offers a glimmer of hope.
Foamex Income Falls in Third Quarter
Media, PA, Nov. 7, 2008--Foamex International said income from operations fell to $9.9 million in the third quarter, compared to $12.2 million a year ago.
Omnova's Triantafillopoulos Receives Award
Fairlawn, OH, Nov. 10, 2008--Nick Triantafillopoulos, director of Omnova Solutions’ Akron, Ohio Technology Center, was presented with the 2008 Distinguished Award of Council by the Akron Council of Engineering and Scientific Societies.
Bona US Makes Appointments, Announces Retirement
Aurora, CO, Nov. 7, 2008 – Bona US has named Todd Schutte as the new director of professional products and sales and Tom McNeil as the director of distribution sales.
Marston Named First Winner of NAFCD Award
Chicago, IL, Nov. 7., 2008--M. Lee Marston, former CEO and chairman of the board of J.J. Haines & Co. was named the first winner of the North American Association of Floor Covering Distributors Lifetime Achievement Award.
Armstrong Names VP of Corporate Communications
Lancaster, PA, Nov. 7, 2008--Armstrong World Industries has named Beth Riley vice president of corporate communications, with responsibility for internal and external corporate communication and diversity.
Flexco Adds Two To Sales Staff
Tuscumbia, AL, Nov. 7, 2008--Flexco has added two people to its sales staff.