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.
London, England, May 29, 2008--Microsoft founder Bill Gates is in the flooring business. His Cascade Investment has taken a 3 percent stake in Britain's Carpetright, which has been hard hit by the soft housing market there.
Washington, DC, May 29, 2008--The economy grew at a slow 0.9 percent pace in the first quarter, better than initially expected.
Anaheim, CA, May 28, 2008--Brooks T. Mancini becomes chairman of the board of the World Floor Covering Association on July 1.
Washington, DC, May 29, 2008--Initial jobless claims for state benefits rose 4,000 last week as the number of continuing claims stayed at a level not seen in four years, the Labor Department reported Thursday.
New York, NY, May 29, 2008--The International Furnishings and Design Association New York Chapter will host a Rugs and Flooring Trend Report looking at the design and market forecast for 2009 and 2010.
Boca Raton, FL, May 28, 2008--Leonard Gould has been named president of Q.E.P. Co. Inc. by the company's board of directors.
Toronto, Ontario, Canada, May 29, 2008--If you think religion is stuck in the Middle Ages, think again. A new electronic prayer mat for Muslims is using the digital revolution to keep followers on the straight and narrow.
Darien, CT, May 28, 2008--Starnet Worldwide Commercial Flooring Partnership said its newest member is family-owned W.C. Carpenter LLC located in Virginia Beach, Va.
New York, NY, May 28, 2008--The ABC Carpet Modern Rug Gallery has launched a custom design digital interface that offers shoppers a wealth of floor covering designs that can be tailored to their individual decorating needs.
Lancaster, PA, May 28, 2008--Armstrong Hardwood Flooring Co. will lay off 113 workers at the end of May at its Scott County, Tenn. plant, according to Knoxvillebiz.com. Lower product demand has forced the company to restructure its operations.