Pulte Homes Buying Centex in $1.3 Billion Deal
Bloomfield Hills, MI, April 8, 2009--Pulte Homes, Inc. and Centex Corporation are merging in a stock-for-stock transaction valued at $1.3 billion, including $1.8 billion of net debt.
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.
Mohawk Unveils Ad Campaign for SmartStrand
Dalton, GA, April 8, 2009--On the heels of a Federal Trade Commission ruling that allows PTT to be reclassified as a subclass of carpet fiber called "triexta," Mohawk has rolled out a new ad campaign for its SmartStrand carpet.
Mortgage Applications Up Despite Higher Rates
Washington, DC, April 8, 2009--Mortgage applications filed last week rose a seasonally adjusted 4.7%, increasing even as interest rates rose from the week before, the Mortgage Bankers Association said Wednesday.
U.S. Hardwood Exports To China Fall
Shanghai, China, April 8, 2009--The hardwood market in China may remain weak this year due to the global financial crisis, according to the American Hardwood Export Council (AHEC).
CEOs See Higher Unemployment, Lower Sales
Washington, DC, April 8, 2009--Chief executives in the U.S. see rising unemployment and slower sales over the next six months, according to the Business Roundtable survey of corporate heads.
More Homeowners Falling Behind on Mortgages
New York, NY, April 8, 2009--More U.S. consumers are falling behind on their mortgages.
Mapei Acquires All-Purpose Adhesives Co.
Deerfield Beach, FL, April 6, 2009--Mapei has acquired the assets of All-Purpose Adhesive Company of Dalton, Ga.
Tarkett To Use Style Ltd. Technologies in Europe
Melbourne, Australia, April 7, 2009-- Style Limited has signed an agreement with Tarkett to launch a new range of green flooring products based on Style’s proprietary strand-woven wood technologies.
US Floors Begins Massive Solar Installation
Dalton, GA, April 7, 2009--US Floors Inc. says it has completed the installation of the first phase of what is likely to be the largest privately owned solar power generation system in the state.
Tile Contractors Giving Awards at Coverings
Chicago, IL, April 7, 2009--The National Tile Contractors Association will present the Sixth Annual TileLetter Awards at Coverings 2009 in Chicago in a special ceremony at McCormick Place.