Initial Jobless Claims Fall, Still Show Weakness
Washington, DC, April 10, 2008-- Initial jobless claims fell 53,000 to 357,000 for the week ending April 5, according to the Labor Department.
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.
Propex To Increase Backing Prices in May
Chattanooga, TN, April 9, 2008--Propex said it will raise prices 7 percent as of May 5 due to increases in raw material costs.
Mohawk Closing Dahlonega Manufacturing Plant
Atlanta, GA, April 8, 2008--Mohawk Industries has notified the Georgia Department of Labor that the company plans to close its manufacturing facility in Dahlonega, GA, in June, affecting 366 workers.
Small Business Confidence at 28-Year Low
Washington, DC, April 9, 2008--Confidence among U.S. small business owners nationwide fell in March to a 28-year low, according to the Small Business Economic Trends report by the National Federation of Independent Business.
Mortgage Applications Rise on Purchase Activity
Washington, DC, April 9, 2008--Mortgage application volume increased 5.4 percent for the week ending April 4, according to the Mortgage Bankers Association.
FieldTurf Tarkett Completes Largest Project Ever
Sparks, NV, April 9, 2008--On Monday, April 14, the largest project in the history of the artificial turf industry will open.
Wood Floor of Year Winners Announced
St. Louis, MO, April 9, 2008--The National Wood Flooring Association announced the winners of its 2008 Wood Floor of the Year Contest during its Annual Convention in Fort Lauderdale, Florida, March 25 - 28.
Home Sales Continued Decline in February
Washington, DC, April 8, 2008—House resales declined more than forecast in February, according to the National Association of Realtors.
Private Equity Firm Buys Linden Lumber Company
Miami, FL, April 8, 2008 – Private equity firm H.I.G. Capital has purchased Linden Lumber Company.
Flowcrete Gets New U.S. Owner
Sandbach, Cheshire, UK, April 8, 2008--Flowcrete Group plc, has been acquired by U.S.-based RPM International Inc, a multinational holding company.