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.
Waynesboro, VA, Dec. 16, 2008--Although all 632 Invista workers at the company’s Waynesboro plant have received notice that they could be laid off Feb. 8, the company will still retain more than 500 employees and contractors.
Washington, Dc, Dec. 16, 2008--Loan giant Fannie Mae said Sunday that it would sign new leases with renters living in foreclosed properties owned by the company so they can avoid eviction.
Washington, DC, Dec. 16, 2008--U.S. consumer prices posted a second-straight record decline last month, as falling energy prices and the contracting economy are easing inflation.
Media, PA, Dec. 16, 2008--Foamex International Inc. has named Harold J. Earley executive vice president and chief financial officer.
London, England, Dec. 16, 2008--Carpetright shares fell as much as 21 percent after Britain's biggest floor covering retailer says its full-year profit will be below expectations.
Dalton, GA, Dec. 16, 2008--The Carpet and Rug Institute has certified five new solutions and two cleaning systems under the CRI Seal of Approval Program.
New York, NY, Dec. 15, 2008--Cowen & Co has upgraded Mohawk Industries stock to "outperform."
Viken, Sweden, Dec. 15, 2008--Välinge has ordered the first full size machine to produce a beveled edge on a laminate flooring using the new “Solid Edge” technology developed by Välinge Innovation Belgium.
New York, NY, Dec. 15, 2008--U.S. homes lost nearly $2 trillion in value during the first three quarters of 2008, with nearly 11.7 million American households now owing more on their mortgage than their homes are worth.
Yucaipa, CA, Dec. 15, 2008--A new website, PolishedConcreteFloor.org, is a guide for consumers researching concrete polishing techniques.