New Home Sales Drop in August
Washington, DC, September 27, 2005 -- Sales of new homes dropped sharply in August, falling by 9.9% to a seasonally adjusted annual rate of 1.24 million, 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.
Armstrong Names Apollo Distributor of Hartco Line
Lancaster, Pa., September 27, 2005 -– Armstrong Floor Products today named Apollo Distributing Company a distributor of Armstrong Hardwood Flooring by Hartco servicing the Metropolitan New York, New Jersey and Connecticut tri-state area.
Retailers: GAO Report Supports Byrd Amendment Repe
Washington, Dc, September 27, 2005 -- The National Retail Federation today welcomed a General Accounting Office report that questioned the effectiveness of the Continued Dumping and Subsidy Offset Act, also known as the Byrd Amendment.
iFLOOR.com to Open Land-Based Stores
Bellevue, WA, September 27, 2005 -- Since 1999, the highly successful online flooring retailer iFLOOR.com has grown by a staggering 5,900 percent. The company expects continued upsurge as it launches several land-based stores across the country.
BASF to Increase Prices on Carboxylated Styrene-Bu
Charlotte, NC, September 27, 2005 -- Effective October 15, 2005, or as contracts allow, BASF will raise prices in the United States and Canada on all carboxylated styrene-butadiene latex products.
J.J. Haines to Distribute Armstrong Hardwood Floor
Lancaster, PA., September 27, 2005 -– Armstrong Floor Products announced today that J.J. Haines & Company, Inc. will distribute Armstrong Hardwood Flooring by Hartco.
IIDEX/NeoCon Canada Announces Product and Booth Aw
Toronto, Ontario, September 26, 2005 -- Winners of the IIDEX/NeoCon Canada Product and Booth awards were announced at the President's Welcome ceremony.
Existing-Home Sales Up 2% to Second Highest on Rec
Washington, DC, September 27, 2005 -- Existing-home sales rose in August to the second-highest pace on record, with strong price gains in a market of tight supply, according to the National Association of Realtors.
Greenspan: Storm Impact on Oil has Peaked
Washington, DC, September 26, 2005 -- Federal Reserve chairman Alan Greenspan told Russian finance minister Alexei Kudrin that risks to the oil market from a pair of U.S. hurricanes have peaked.
Armstrong Wins 10th Exclusivity Extension
Lancaster, PA, September 27, 2005 -- A judge extended Armstrong World Industries Inc.'s exclusive control of its bankruptcy case, giving the flooring maker time to pursue its appeal of a Pennsylvania district court's rejection of its reorganizatio