Smith & Fong Denies Teragren's Patent Charges
Seattle, WA, January 3, 2008--Bamboo flooring manufacturer Smith & Fong Co. is challenging a claim that its products infringe on a patent that is licensed to competitor Teragren.
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.
Dodge-Regupol Changes Name to Ecore International
Lancaster, PA, January 3, 2008--Dodge-Regupol has taken a new name, Ecore International, and has broadened its strategic and geographic focus.
Brintons Names Weavercraft Canada Agents
Vancouver, British Columbia, January 4, 2008-Brintons, the largest producer of custom woven Axminster, said that Weavercraft Distributors in Vancouver will become agents for the Brintons line.
Unemployment Rate Hits Two-Year High
Washington, DC, January 4, 2008—The nation’s unemployment rate hit a two-year high of 5 percent in December after payrolls grew by just 18,000 jobs
Delinquencies Rise on Major Consumer Loans
Washington, DC, January 3, 2008-- Late payments on auto, home improvement and some home equity loans, rose last summer to their highest level since 2001, according to the American Bankers Association.
Amtico Appoints North American Manager
Atlanta, GA, January 03, 2008 – Amtico International has appointed Tyrone Johnson general manager of its North American Business Unit.
Private Companies Add 40,000 Jobs in December
Roseland, NJ, January 3, 2008--Private companies added 40,000 jobs in December, according to the ADP employment report.
Layoff Announcements Fall in December
Chicago, IL, January 3, 2008—Announced layoffs at large companies in December fell 39 percent to 44,416, according to outplacement firm Challenger Gray & Christmas.
Initial Unemployment Claims Fall 21,000
Washington, DC, January 3, 2008—Initial unemployment claims fell 21,000 last week.
Mortgage Applications Continue Downward Trend
Washington, DC, January 3, 2008--Mortgage applications fell 11.6 percent last week to the lowest level since July 2006, according to the Mortgage Bankers Association. It was the third consecutive decline.