Home Prices Continue To Fall
New York, NY, Jan. 27, 2009--Home prices in 20 U.S. cities fell 18.2 percent in November from 2007, the fastest drop on record, as foreclosures climbed and sales sank.
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.
RD Weis Specialist Gets LEED Certification
Port Chester, NY, Jan 27, 2009--Commercial contractor RD Weis Companies said that Sheri Gorman, senior A&D specialist for the metro New York area, has been awarded her LEED AP.
Weyerhaeuser Closing Two Washington Plants
Federal Way, WA, Jan. 27, 2009--Forest products supplier Weyerhaeuser Co. will immediately close two mills in southwestern Washington due to weak market conditions, the company announced Monday.
Rohm & Haas, Dow Merger OK'd but Likely Delayed
Philadelphia, PA, Jan. 26, 2009--Rohm and Haas Co. said Dow Chemical Co. doesn’t intend to close its $15.4 billion acquisition by tomorrow as required by their merger agreement.
Home Depot Eliminating Expo Business
Atlanta, GA, Jan 26, 2009--Home Depot Inc. said Monday that it is abandoning its Expo design and décor business, closing stores and laying off thousands of employees.
Home Resales Rise in December
Washington, DC, Jan. 26, 2009--Sales of existing homes rose 6.5% in December from November to a seasonally adjusted annualized rate of 4.74 million.
Solutia Sees Shedding Nylon Business This Quarter
St. Louis, MO, Jan. 26, 2009--Solutia Inc. said it expects to report a fourth quarter loss of approximately $590 million to $600 million.
Film About Ray Anderson Honored at Festival
Nevada City, CA, Jan. 26, 2009--The largest environmental film festival in the U.S. honored So Right, So Smart, a documentary that tells the story of Interface, Inc. Founder and Chairman Ray Anderson.
Economic Indicators Index Rises Unexpectedly
New York, NY, Jan. 26 , 2009--The index of leading U.S. economic indicators unexpectedly increased in December as the money supply expanded.
Faus Invests $40 Million To Expand Manufacturing
Calhoun, GA, Jan. 23, 2009--Faus Group has recently invested $40 million at its manufacturing plant in Calhoun.