Buffett Sees Stronger Housing Market Ahead
Dalton, GA, March 1, 2011 -- Shaw Industries said over the weekend that it will invest $200 million in 2011 on carpet mill upgrades, according to the Chattanooga Times Free Press.
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.
Chain Store Sales Up 3.3% Vs. 2010
New York, NY, March 1, 2011 -- U.S. weekly chain-store sales jumped 3.3% from one year ago, according to the International Council of Shopping Centers and Goldman Sachs.
New Process Makes Wool Carpet Greener
Otago, NZ, March 1, 2011 -- A new carpet-making process that creates a 100% natural carpet that can be recycled has been developed by Dutch company Best Wool Carpets, James and Bond Textile Research.
Blueridge Industries Buys Wind Energy
Ellijay, GA, March 1, 2011 --Blueridge Industries, a commercial broadloom and modular carpet manufacturer, said it has purchased wind energy to match a portion of its regular purchases from conventional energy sources.
Hospitals Focusing on Renovation
Chicago, IL, March 1, 2011 -- America’s hospitals and health systems are focusing more on renovation or expansion than new construction, according to a new survey conducted by the American Society for Healthcare Engineering.
Low Appraisals Hurting Home Sales
Washington, DC, March 1, 2011 -- Low appraisals, thanks to a glut of foreclosures, are killing some home sales, according to a story in USA Today.
Carpet One Names Company Award Winners
Manchester, NH, March 1, 2011 -- Carpet One Floor & Home announced the recipients of its company-wide awards at their recent Winter Convention in Dallas.
J&J Tests System To Clean Industrial Water
Knoxville, TN, March 1, 2011 – Aqua-Chem said it has completed its pilot project with J&J Industries to test a system to remove dye and chemical additives from industrial wastewater in large-scale carpet manufacturing.
Owning Home Less Popular as Investment
Washington, DC, March 1, 2011 -- Home ownership is not as popular as an investment as it was in 2003, according to the National Housing Quarterly Survey.
Armstrong Net Loss Grows, Sales Rise
Lancaster, PA, Feb. 28, 2011 -- Armstrong World Industries reported a fourth quarter net loss of $21.0 million, or $0.36 per share, compared to a net loss of $3.8 million, or $0.07 per share, in the fourth quarter of 2009.