Oriental Weavers Second Quarter Profit Falls
Cairo, Egypt, Aug. 17, 2010--Oriental Weavers reported a 6% decline in second-quarter net profit.
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.
Wholesale Prices Rise for First Time Since March
Washington, DC, Aug. 17, 2010--Wholesale prices rose in July for the first time since March, according to the Labor Department.
Manufacturing Leads Rise in Industrial Production
Washington, DC, Aug. 17, 2010--Industrial production rose in July on the strength of U.S. manufacturing, according to the Federal Reserve.
Home Builder Confidence Falls in August
Washington, DC, Aug. 16, 2010--Home builder confidence edged down for a third consecutive month in August, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.
Consultant To Help Expand Afghan Carpet Industry
Washington, DC, Aug. 16, 2010--The Pentagon is planning to award a one-year, no-bid contract worth about $1 million to Tremayne Consulting to expand the market for Afghan carpets.
Anderson Wins Pinchot Sustainability Award
Dalton, GA, July 23, 2010--Anderson Hardwood Floors was selected for the Gifford Pinchot Award.
New York Manufacturing Conditions Show Improvement
New York, NY, Aug. 16, 2010--The New York Federal Reserve said the general business conditions index from its Empire State Manufacturing Survey rose to 7.1 this month.
Armstrong's Luxe Plank Wins Builder Award
Lancaster, PA, Aug. 16, 2010--Armstrong ‘s Luxe Plank vinyl flooring won a 2010 Most Valuable Product award from Building Products magazine.
Lowe's Reports Increasing Earnings, Sales in Q2
Mooresville, NC, Aug. 16, 2010--Lowe's reported net earnings of $832 million for the quarter ended July 30, a 9.6% increase from the same period a year ago.
A&M Carpet of Fresno Exiting Chapter 11
Fresno, CA, Aug. 16, 2010--A&M Carpet, Inc. of Fresno said it is emerging from reorganization under Chapter 11.