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.
Portadown, Ireland, March 6, 2008--Ulster Carpets has completed a $29 million investment in new technology at its Portadown factory, which will enable it to beat cheap competition from the Far East, the company said.
Maia, Portugal, March 6, 2008--Wood panel maker Sonae Industria SGPS said net profit rose 143 percent to $121 million last year.
Trelleborg, Germany, March 5, 2008--Pergo (Europe) AB and Pergo LLC are suing Unilin for patent infringement.
Roseland, NJ, March 5, 2008--Nonfarm private employment declined by 23,000 in February, the first drop since June 2003, according to the ADP National Employment Report.
Washington, DC, March 5, 2008--The number of loans to homebuilders and other developers that are past due has reached the highest level since the early 1990s.
Salt Lake City, UT, March 6, 2008--A Salt Lake City carpet business is upset over a disgruntled customer's online review on You Tube.
Dalton, GA, March 5, 2008--The top issue raised by customers who don’t buy carpet is that it is hard to clean, says Werner Braun, president of the Carpet and Rug Institute trade group.
Washington, DC, March 5, 2008—New orders for manufactured goods fell 2.5 percent in January compared to December.
Washington, DC, March 5, 2008 — Mortgage applications increased 3 percent for the week ending Feb. 29, mostly on the strength of refinancing activity, according to the weekly survey by the Mortgage Bankers Association.
Washington, DC, March 4, 2008--Federal Reserve Chairman Ben Bernanke said the mortgage crisis isn’t over.