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.
Washington, DC, Dec. 19-–Occupancy rates in the office, retail, warehouse and multifamily real estate markets can be expected to improve gradually over the next two years, according to the National Association of Realtors.
Washington, DC, Dec. 22--Hanley Wood has purchased Portland, OR based Dream Home Source, Inc.
Dalton, GA, Dec. 22--The Carpet and Rug Institute (CRI) has posted the carpet industry 2002 Sustainability Report on the CRI website.
Mercerville, NJ, Dec. 19--Congoleum Corp. today announced that it has extended the deadline for votes to be submitted on the approval of its pre-packaged Chapter 11 plan of reorganization.
St. Louis, MO, Dec. 19--Solutia Inc. has announced a price increase on nylon carpet fiber for the residential carpet market segment.
Rocky Mount, NC, Dec. 19--Ronile Inc. plans to expand its factory operations, adding 74 jobs and investing $1.15 million in its plant.
Los Angeles, CA, Dec. 19--Net income at KB Home rose 12 percent in its fiscal fourth quarter as the home builder handily beat Wall Street analysts on an 11 percent jump in revenue.
New York, NY, Dec. 18--Leading indicators rose in November, suggesting that the economy is poised for growth in the new year.
Philadelphia, PA, Dec. 18--The Philadelphia Federal Reserve reported factory orders in its region hit a 23-year high in December as the employment situation improved.
Washington, DC, Dec. 18--The Labor Department reported that the number of workers filing first-time applications for unemployment benefits dropped by 22,000 to 353,000 in the week ended Saturday.