FieldTurf Names Former Gerflor Exec Division VP
Montreal, Quebec, Oct, 5, 2009--FieldTurf Tarkett has named Stephane Leudet to the position of vice president, Indoor Division, North America.
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.
Polyflor Products Get FloorScore Certification
Lancaster, PA, Oct. 5, 2009--Gerbert Limited, exclusive U.S. distributor of Polyflor commercial flooring, said that a wide range of Polyflor products have been awarded FloorScore certification for indoor air quality.
SBA Lending Falls Dramatically from Last Year
Washington, DC, Oct. 5, 2009--The Small Business Administration ended its 2009 fiscal year on Wednesday and the agency approved less than 45,000 loans, down 36% compared to last year and 56% from 2007.
California Retailer Files Chapter 11 Bankruptcy
Fresno, CA, Oct. 2, 2009--One of the oldest and best-known floor-covering retailers in the central San Joaquin Valley has filed for bankruptcy.
Mortgage Rates Fall, 15-Year Hits Two Decade Low
Washington, DC, Oct. 2, 2009--The average rate on 30-year fixed-rate mortgages fell this week below 5% to a four-month low, according to Freddie Mac's weekly survey.
Formica Flooring Adds Southeast Distributor
Barnwell, SC, Oct. 2, 2009--Formica Flooring said that A&M Supply Corporation will distribute its products throughout North Carolina, South Carolina, Georgia, Alabama and Tennessee.
Tau Buys Porcelanatto Trademark
Castellon, Spain, Oct. 2, 2009--Tau has acquired the Porcelanatto trademark for its worldwide commercial use.
Nourison Promotes Three to Executive Positions
Saddlebrook, NJ, Oct. 2, 2009--Nourison Industries has promoted three Nourison executives to new positions.
Tender Offer for Armstrong Shares Falls Short
Fort Worth, TX, Oct. 2, 2009--Armor TPG Holdings LLC said it has completed a tender offer to purchase up to 4,435,935 shares of common stock of Armstrong World Industries.
UK Vinyl Recycling Program Gets Underway
London, England, Oct. 2, 2009--A vinyl recycling program in the United Kingdom has been launched by a joint venture of Polyflor and Altro.