Avalon Carpet Owner John Millar Dies
Cherry Hill, NJ, March 20, 2008--John P. Millar, owner and president of Avalon Carpet and Tile in Cherry Hill, died Sunday of a heart attack.
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.
Consolidated Carpet Recycles 341 Tons of Flooring
New York, NY, March 21, 2008 –Consolidated Carpet said its ConServe Reclamation Program recycled over 692,741 pounds of used flooring last year.
Johnsonite Adds Instructional Videos to Website
Chagrin Falls, OH, March 21, 2008—Johnsonite has added installation and maintenance instructional videos on its website, johnsonite.com.
Initial Jobless Claims Signal Economic Weakness
Washington, DC, March 20, 2008-- First-time jobless claims rose 22,000 to stand at 378,000 for the week ended March 15.
Fixed Rate Mortgages Fall Below 6%
Washington, DC, March 20, 2008—Fixed rate mortgages fell this week, while adjustable-rate mortgages didn’t move, according to Freddie Mac's weekly survey.
Leading Indicators Show Economy Still Slowing
Washington, DC, March 20, 2008-- The index of leading economic indicators, which forecast economic growth six to nine months ahead, fell 0.3 percent in February for a fifth consecutive decline
CCA Global Partners Names Demaree President
Manchester, NH, March 19, 2008— CCA Global Partners has named Eric Demaree president of Carpet One Floor & Home. He takes the place of Evan Hackel, who has been named president of a new web-based division called BizUnite.
Rieter Net Income Up 34% in 2007
Winterthur, Switzerland – Rieter reported that sales rose by 12 percent to $3.9 billion. The operating result before interest and taxes rose by 54 percent for the year to $278 million.
Shaw To Unveil New Store Concept at Synergy Event
Dalton, GA, March 19, 2008-- Shaw will announce a new store concept created by the Ley Design Group at its annual Synergy convention April 14-17.
Feds Move To Give Fannie, Freddie Loan Funds
Washington, DC, March 18, 2008--The federal government moved to free up more money for home loans by reducing the cash cushion required for Fannie Mae and Freddie Mac.