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.
Cairo, Egypt, May 7, 2009--Despite the financial crisis, Oriental Weavers, the world’s largest producer of machine-woven carpets, says it has been gaining market share at the expense of weaker competitors and that its sales have been increasing.
Chicago, IL, May 7, 2009--Laticrete said that North American president Ed Metcalf has been selected by the Tile Partners for Humanity as the recipient of it’s first annual Tile Partner of the Year Award.
San Antonio, TX, May 7, 2009--Tom Cosky was recently named director of operations for Vitromex USA.
Augusta, GA, May 7, 2009--There's no recession at Augusta's Evergreen Nylon Recycling Plant, according to a story in the Augusta Chronicle.
Minneapolis, MN, May 7, 2009--Tennant Co., which makes floor cleaning products, reported a first-quarter loss as the recession hit sales across all geographic regions.
Washington, DC, May 7, 2009--Productivity rose in the first quarter as U.S. firms cut their workforce, outpacing the drop in output, the Labor Department reported Thursday.
St. Louis, MO, May 7, 2009--Furniture Brands said a first quarter loss was the result of a "severe downturn" in consumer spending.
Washington, DC, May 7, 2009--New applications for jobless benefits plunged to the lowest level in 14 weeks, a possible sign that the massive wave of layoffs has peaked.
Richmond, CA, May 6, 2009--Dale Payton-Engle has been named the new CEO of flooring supplier EcoTimber, replacing Lewis Buchner.
Washington, DC, May 6, 2009--The U.S. economy seems to be contracting at a slower rate than it was a few months ago, Federal Reserve Chairman Ben S. Bernanke told the Joint Economic Committee yesterday.