Oil Prices Hit Low Point for 2010
New York, NY, May 18, 2010--Oil prices on Monday fell to their point this year and are now down about 20% in just two weeks.
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.
Lowe's Sees Higher Earnings in First Quarter
Mooresville, NC, May 17, 2010--Lowe's Companies reported net earnings of $489 million for the quarter ended April 30, a 2.7% increase from the same period a year ago.
Harris Wood Signs Florida Distributor Mastercraft
Boca Raton, FL, May 17, 2010--Q.E.P. Co., which recently purchased Tennessee-based Harris Wood, has signed Mastercraft Flooring Distributors of Miami, Fla. to be the distributor for Harris Wood in Florida.
Realtors Group Sees Improving Commercial Market
Washington, DC, May 17, 2010--The commercial real estate market is showing a few signs of improvement, according to National Association of Realtors Chief Economist Lawrence Yun.
Mohawk Calls SmartStrand One of Best Intros Ever
Dalton, GA, May 17, 2010--Mohawk said that its SmartStrand carpet, which is made with triexta, is one of the most successful new product introductions in the 130-year history of the company.
WONZ Launches Wool Benefits College
Marietta, GA, May 17, 2010—Wools of New Zealand has launched an online training college designed to enhance the wool skills of retailer salespersons and mill representatives.
New York Manufacturing Improves at Slower Pace
New York, NY, May 17, 2010--Manufacturing activity in the New York region continued to improve but at a slower pace in May, the New York Federal Reserve Bank said Monday.
Sphinx Names Battles West Vice President
Dalton, GA, May 15, 2010--Monica Battles recently joined Sphinx by Oriental Weavers as west regional vice president.
Wood Flooring Included in 'Cash for Caulkers'
St. Louis, MO, May 14, 2010--President Obama’s Home Star program, commonly called “Cash for Caulkers,” has been amended to recognize wood products, including wood flooring.
Retail Sales Up Seventh Straight Month in April
Washington, DC, May 14, 2010--Retail sales rose in April for the seventh straight month, according to the Commerce Department.