UK Online Tile Shop Drops Prices
Coventry, England, March 12, 2009 -- Online Tile Shop, an online supplier of tiles and tiling supplies in the UK, said that the company is introducing a price drop across a number of its tile collections.
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.
Bamboo Firm Style Ltd. Says Restructuring on Track
South Perth, Australia, March 12, 2009--Australian bamboo flooring company Style Limited says its restructuring and core manufacturing business remain on track.
Homebuilders Offering Mortgage Payment Insurance
Red Bank, NJ, March 11, 2009--Homebuilders Hovnanian and Toll Brothers are offering a mortgage insurance program for home buyers that will pay for a portion of mortgage payments should the homeowner lose a job.
Mullican Line Gets FSC Pure Certification
Johnson City, TN, March 11, 2009--Mullican Flooring has achieved Forest Stewardship Council (FSC) Pure certification for its new Green Haven line of domestic solid hardwood flooring.
Lumber Liquidators Profit More Than Doubles
Toano, VA, March 11, 2009--Lumber Liquidators, Inc. reported net income of $6.5 million, or $0.24 per share, in the fourth quarter compared to net income of $3.0 million, or $0.12 per share, in the fourth quarter of 2007.
J&J Commercial, Invision Carpet Sytems, Combine
Dalton, GA., March 11, 2009–- J&J Commercial and Invision Carpet System brands have been combined into one.
WFCA Identifies Trends at Surfaces Show
Anaheim, CA, March 11, 2009 --Animal prints, nude tones, layered looks and leather were just some of the hottest trends in flooring uncovered by the World Floor Covering Association's fashion scouts at this year's Surfaces.
Hovnanian Loss Grows in First Quarter
Red Bank, NJ, March 11, 2009--Homebuilder Hovnanian Enterprises Inc. posted a worse-than-expected loss for its fiscal first quarter and said the recently enacted government stimulus plan would do little to spur housing demand.
Toli, Ceres, Add Distribution, New Executives
Commack, NY, March 11, 2009--Sustainable Surfaces of Ft. Lauderdale, Fla., will be the distributor for Toli and Ceres products throughout most of Florida.
Firm Says Commercial Construction Costs Falling
New York, NY, March 11, 2009--Turner Construction Company's First Quarter 2009 Building Cost Index has decreased 5.77% from the Fourth Quarter 2008.