Insurer Refuses To Cover Topps Tiles Suppliers
London, England, Feb. 17, 2009--An insurer refused to cover suppliers of Topps Tiles against the risk of it going bust.
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.
H.B. Fuller Opens Shanghai Technical Center
St. Paul, MN, Feb. 16, 2009--H.B. Fuller Company, a manufacturer and marketer of adhesives, sealants and specialty chemical products, has opened a regional technical center in Shanghai.
WFCA Names Gulessarian First Gold Retailer
Anaheim, CA; Feb. 16, 2009--The World Floor Covering Association has awarded Ike Gulessarian with its first Gold Standard Retailer of the Year Award.
Armstrong Bringing Back Jobs from India
Lancaster, PA, Feb. 13, 2009--Armstrong World Industries is recalling some of the jobs it outsourced to India in 2006 to save money, according to Lancaster Online.
Zabeel Capital Buys Stake in ASP Access Floors
Dubai,UAE, Feb. 16, 2009--Zabeel Capital, the wholly owned investment arm of Zabeel Investments said that the company has acquired a 51 percent stake in ASP Access Floors' operations in the UAE.
Lane Sales Named Hirst Agency of Year 2008
Long Island, NY, Feb. 16, 2008--Godfrey Hirst USA presented Larry Lane and Mark Levy, president and vice president of Lane Sales, an award for Sales Agency of the Year 2008.
Forefloor Signs Distributor for Northwest U.S.
St. Eugene, Quebec, Canada, Feb. 16, 2009 — Foresfloor said that Intermountain Wood Products will distribute ForesFloor premium hardwood flooring in the northwest U.S..
Government Plans To Drive Down Mortgage Rates
Washington, DC, Feb. 12, 2009--The Obama administration’s housing plan will reportedly use government funds to help reduce interest rates, while asking lawmakers to approve more ways to modify mortgages, according to a knowledgeable source.
Consumer Sentiment Falls Back in Early February
Ann Arbor, MI, Feb. 13, 2009--Consumer confidence fell in early February, according to the Reuters/University of Michigan preliminary index of consumer sentiment.
Stimulus Could Kick Start Economy by Year's End
Washington, DC, Feb. 13, 2009--The stimulus plan will take time to have an impact, and unemployment is likely to keep rising for months, some economists say.