New Home Sales Plunge in August
Washington, DC, September 27, 2007—New homes sales in August dropped 8.3% to an annual pace of 795,000, the lowest level in more than seven years according to the Commerce Department.
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.
Välinge Introduces New Locking Technology
Viken, Sweden, September 26, 2007—Valinge has launced a new locking technology for hard surface flooring.
CFI to Offer Continuing Education Programs
Kansas City, MO, September 27, 2007--CFI has implemented new programs to increase the value of its certification.
GDP Revised Down to 3.8%
Washington, DC, September 27, 2007—Gross domestic product grew at a revised 3.8% annual rate in the second quarter, according to a Commerce Department report issued Thursday.
Jobless Claims Fall Last Week
Washington, DC, September 27, 2007-- Jobless claims were off 15,000 to 298,000 in the week ended September 22, according to a Labor Department report.
Best Tile New England Promotes Cote
Ludlow, MA, September 27, 2007--Best Tile Distributors of New England has promoted Leslie Cote to retail product coordinator.
Tennant Announces Restructuring
Minneapolis, MN, September 27, 2007--Tennant said it will restructure its operations, laying off 60 employees, or about 2% of its work force.
Daltile Signs for 5th Season of “Extreme Makeover"
Dallas, TX, September 27, 2007--Daltile has signed on for its fifth consecutive season as tile provider to ABC’s hit show “Extreme Makeover: Home Edition.”
UK’s Topps Tile Sees Downturn as Good for Business
London, England, September 27, 2007--Tile and flooring group Topps Tiles says it is well placed to withstand any housing market slowdown as customers invest in the home rather than moving.
Rugmark Grows with Certified Child-Labor Free Rugs
Washington, DC, September 25, 2007-- A growing number of U.S. rug consumers are factoring social responsibility into their rug purchasing decisions by selecting rugs with the RugMark certification label.