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.
Washington, DC, Nov. 7, 2008--Pending home sales fell 4.6 percent on the heels of a strong gain a month earlier as credit tightened and economic conditions deteriorated, according to the National Association of Realtors.
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.
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.
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.
Trenton, NJ, Nov. 7, 2008--While many forecasts are calling for a slowdown in non-residential construction, New Jersey offers a glimmer of hope.
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.
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.
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.
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.
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.