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.
La Vista, NE, February 6, 2008--Universal Granite & Marble (UGM), one of the largest importers and wholesalers of natural stone in the United States, has opened a new 18,000 square foot facility in Omaha.
New York, NY, February 5, 2008--Banc of America Securities raised its rating on homebuilders on its belief that lower house prices would increase demand.
City of Industry, CA, February 4, 2008 – Bentley Prince Street said that all its products are now carbon neutral. The company's Cool Carpet program is now standard on all of its broadloom and carpet tile products.
New York, NY, February 5, 2008--The nation's service sector contracted in January for the first time since March 2003, according to the Institute for Supply Management.
New York, NY, February 5, 2008--The International Council of Shopping Centers and UBS Securities said chain store sales increase 1.7 percent last week over the previous week.
Wheeling, IL, February 5, 2008--Wickes Furniture Co. has filed for bankruptcy protection.
Red Bank, NJ, February 5, 2008--Home builder Hovnanian Enterprises said in an SEC filing that lenders have temporarily waived certain conditions of its credit facilities.
Atlanta, GA, February 1, 2008--Home builder Beazer Homes said Friday that it will discontinue its mortgage origination business and had signed an agreement with Countrywide Financial Corp. It is also leaving five home building markets.
Northlake, IL, February 5, 2008--Empire Today is opening a new El Paso, Texas Customer Service Call Center.
St. Louis, MO, February 4, 2008--Solutia Inc. has issued a formal demand to the lead arrangers of the company's exit financing package to fund their commitment on Feb. 6.