Initial Jobless Claims Fall
Washington, DC, Jan. 28, 2010--Initial jobless claims in the week ending Jan. 23 fell 8,000 to 470,000, according to the Labor Department.
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.
Flooring Industries Licenses LVT Technologies
Bertrange, Luxembourg, Jan 28, 2010--Flooring Industries said it now has the right to sublicense glueless luxury vinyl tile technologies through a partnership with Windmöller Industries and Ulrich Windmöller Consulting.
Durable Goods Orders Rose in December
Washington, DC, Jan. 28, 2010--Orders for durable goods posted a modest increase in December, although orders for the year fell by a record amount.
Panel Industry Sees Threat from Biomass Program
Washington, DC, January 28, 2010--The U.S. Office of Management and Budget recently approved $514 million in subsidies under the Department of Agriculture’s Biomass Crop Assistance Program.
Homebuilder Ryland Reports Profit on Tax Boost
Calabasas, CA, Jan. 28, 2010--Homebuilder Ryland Group Inc. reported a $39 million quarterly profit thanks to a tax boost of almost $100 million.
Prince of Wales Launches Wool Campaign
London, England, Jan. 27, 2010--The Prince of Wales has launched The Wool Project, a promotional campaign for wool.
Invista Names Cook Antron Brand Manager
Kennesaw, GA, Jan. 27, 2010--Invista has named Tracy Cook the global brand manager for Antron.
Sales of New Homes Fell in December
Washington, DC, Jan. 27, 2010 -- New-home sales fell 7.6% to an annual rate of 342,000 in December from 370,000 in November, the Commerce Department estimated Wednesday.
Minnesota Flooring Stores Unaffected by Bankruptcy
St. Paul, MN, Jan. 27, 2010--A Jan. 18 story on Floordaily about a Minneapolis-area flooring chain filing for bankruptcy should have said that the bankruptcy was filed by a former owner of the stores.
Q.E.P. Buys Hardwood Flooring Firm ArborCraft
Boca Raton, FL, Jan. 26, 2010--Q.E.P. Co. said it is acquiring hardwood flooring manufacturer ArborCraft, LLC.