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.

Mondo in Deal With Municipal Contracting Agency

Conshohocken, PA, Nov. 18, 2010 -- Mondo said it has entered a municipal vendor partnership contract with National Joint Powers Alliance for its sports surfaces and athletic equipment and accessories.

Foreclosure Starts Up, Delinquencies Decline

Foreclosure Starts Up, Delinquencies Decline

Washington, DC, Nov. 18, 2010 -- Foreclosure starts rose in the third quarter, but the delinquency rate for mortgage loans dropped overall, the Mortgage Bankers Association reported on Thursday.

Interface Begins $275 Million Debt Offering

Interface Begins $275 Million Debt Offering

Atlanta, GA, Nov. 18, 2010 -- Interface Inc. has begun a private debt offering of $275 million, which will be used to retire $260 million in current debt that ranges from 9.5% to 11.375%. This is a correction from the original post.

New Home Construction Declines in October

New Home Construction Declines in October

Washington, DC, Nov. 17, 2010 -- New home construction fell 11.7% to an annual rate of 519,000 in October, the lowest level in 18 months, according to the Commerce Department.

Architecture Billings Index Slips in October

Architecture Billings Index Slips in October

Washington, DC, Nov. 17, 2010 -- The Architecture Billings Index, a leading indicator of U.S. commercial construction activity, fell in October as credit for building projects continues to be tight.

Fabulous Floors Magazine Sold

Ghent, NY, Nov. 16, 2010 -- Fabulous Floors magazine, a consumer flooring publication focusing on design, has been sold by Peachtree Communications.