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.
Fairlawn, OH, Sept. 17, 2008--Omnova Solutions Inc. reported net income of $3.1 million, or $0.07 per share, for the third quarter ended Aug. 31 compared to net income of $4.5 million, or $0.11 per share, for the third quarter of 2007.
Washington, DC, Sept. 17, 2008--Home construction fell a second month in a row during August, falling below expectations to the lowest level in 17 years.
Washington, DC, Sept. 16, 2008--U.S. home builders grew more confident about their business in early September, with sentiment rising for the first time in seven months, according to the the National Association of Home Builders.
Washington, DC, Sept. 17, 2008--Mortgage applications surged last week as refinancing soared on falling interest rates.
Washington, DC, Sept. 16, 2008--The Federal Reserve left its main interest rate at 2 percent.
Chicago, IL, Sept. 16, 2008--Gerflor said it will increase prices 5 percent.
Atlanta, GA, Sept. 17, 2008--Brock Built Homes, WSB-TV, Mohawk Industries, and others celebrated the construction of Brock Built’s Going Green “The Green House,” with an open house for participating companies.
Washington, DC, Sept. 16, 2008-- The U.S. wood flooring and hardwood plywood industries have faced increasing competition from imports in recent years, particularly from China, which has become its most significant competitor.
St. Louis, MO, Sept. 16, 2008-- Solutia Inc. said it is assessing the impact of Hurricane Ike on its nylon chemical plant in Alvin, Texas.
Atlanta, GA, Sept. 17, 2008--Home Depot said it is set to start cutting prices this week on as many as 1,200 items from trash bags to toilets as it kicks off its latest effort to boost slow sales and win back customers.