Meritage Homes Narrows Third Quarter Loss
Scottdale, AZ, Oct. 27, 2009--Meritage Homes reported a third-quarter net loss of $18 million, or $0.56 share.
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.
Colorado Firm Develops Blast Impact Flooring
Centennial, CO, Oct. 27, 2009--A Colorado company has developed a blast impact flooring for military vehicles that could save lives.
Home Values Rise Fourth Consecutive Month
New York, NY, Oct. 27, 2009--The market value of homes in 20 major cities rose by 1.2% in August compared with July, the fourth consecutive increase, according to the Case-Shiller home price index.
Senate Negotiating Extension of Home Buyer Credit
Washington, DC, Oct. 27, 2009--Senate leaders are negotiating to extend an $8,000 tax credit for first-time homebuyers through 2010.
Oriental Weavers To Buy Three Belgian Factories
Cairo, Egypt, October 25, 2009--Egypt's Oriental Weavers said it will buy three Belgian textile factories to take advantage of their machinery and equipment, Egypt's Al-Mal financial newspaper said on Sunday.
Invista LCA Shows Benefits of Stainmaster, Antron
Kennesaw, GA, Oct. 26, 2009—Stainmaster carpets and carpets composed of Antron fiber can have up to 40 percent lower energy consumption and greenhouse gas emissions than the majority of competitive carpets.
New Houses Getting Smaller as Demand Ebbs
Washington, DC, Oct. 26, 2009--Although the supply of new homes is the smallest since 1992, prices remain depressed and its a buyer's market.
PET Recycling Rate Reaches 27%
Washington, DC, Oct. 26, 2009--The PET plastic recycling rate of hit 27% last year, according to the National Association for PET Container Resources and the Association of Postconsumer Plastic Recyclers
UK's Floors-2-Go Seeking Venture Capital
London, England, Oct. 26, 2009--Floors-2-Go is close to securing new investment, and is thought to be looking to acquire up to $8 million to fund expansion.
Bentley Prince Street Wins IFMA Foundation Award
Los Angeles, CA, Oct. 23, 2009--Commercial carpet manufacturer Bentley Prince Street recently received the International Facility Management Association (IFMA) Foundation Trustees Award.