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.

BASF Raising Prices in Europe for Curing Agent

Ludwigshafen, Germany, July 16, 2010--BASF is raising its prices for isophorone diamine in Europe by €200 per metric ton, or by the corresponding amount in local currency, effective immediately.

Mortgage Rates Remain at Record Lows

Washington, DC, July 16, 2010--The 30-year fixed-rate mortgage remained at record, averaging 4.57% for the week ending July 15, according to Freddie Mac's weekly survey of conforming mortgage rates, released on Thursday.

Consumer Prices Fell in June

Washington, DC, July 16, 2010--The Consumer Price Index fell 0.1% in June, reflecting the third straight monthly decline, the Labor Department reported Friday.

Universal Fibers Marks 40th Anniversary

Universal Fibers Marks 40th Anniversary

Bristol, VA, July 15, 2010--Universal Fibers, Inc. hosted more than 550 of its associates and their families at a 40th anniversary event at the corporate headquarters in Bristol.

Fed Sees Slower Growth Than Previous Forecasts

Fed Sees Slower Growth Than Previous Forecasts

Washington, DC, July 15, 2010--The Federal Reserve lowered its forecasts for growth this year and officials indicated they are ready to take new steps to keep the recovery alive if the economy worsens.