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.
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.
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.
Armstrong To Have Major Presence at Surfaces
Lancaster, PA, Oct. 23, 2009--Armstrong Flooring Products will have a prominent presence on the show floor at Surfaces next February.
Home Resales Hit Two-Year High in September
Washington, DC, Oct. 23, 2009--Resales of U.S. houses jumped 9.4% in September to a seasonally adjusted annual rate of 5.57 million, the highest in more than two years, the National Association of Realtors estimated Friday.
Leading Indicators Rise for Sixth Straight Month
Washington, DC, Oct. 23, 2009--U.S. leading economic indicators rose 1% in September, the sixth straight increase and a strong signal that a "recovery is developing," the Conference Board reported Thursday.