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, March 19, 2008--Mortgage application volume fell a seasonally adjusted 2.9 percent last week as interest rates on fixed-rate mortgages declined, according to the Mortgage Bankers Association.
Beijing, China, March 19, 2008--The output of Chinese wood flooring industry will grow by over 10 percent annually in the next two years according to Zhang Wenling, Secretary General of the Chinese Forest Products Industry Association.
Washington, DC, March 19, 2008--Commercial construction felt the effects of the deteriorating housing market and slumping economy in February, according to the American Institute of Architects.
Dalton, GA, March 19, 2008--Dalton-based Fibro Chem, a manufacturer of specialty chemicals designed for use in a variety of industrial applications, has acquired the assets of Four Colors and Resource Solutions.
Wakefield, UK, March 19, 2008-- Airea PLC swung to a profit of $19.2 million for the first half of its fiscal year, compared to $800,000 last year, on the sale of its Sidar property.
Toronto, Ontario, Canada, March 19, 2008--Toronto-based Floorworks is opening its first U.S. showroom in Manhattan next month to market its engineered hardwood called Fuse.
Washington, DC, March 18, 2008--Sentiment among home builders held steady in March at near historic lows, according to the National Association of Home Builders.
Atlanta, GA, March 18, 2008 – Gerflor is implementing a 7 percent increase on its entire line of commercial vinyl flooring products effective March 31.
St. Louis, MO, March 19, 2008-- Bamboo rugs are about to hit the U.S. market.
Anaheim, CA, March 18, 2008 -– The World Floor Covering Association said that the industry certification programs for all designations are now available online.