Oil Prices Keep Falling, Near 22-Month Low
New York, NY, Nov. 19, 2008--Oil prices dipped below $54 to close to a 22-month low on fears of global economic weakness that have sent crude down more than 60 percent in four months.
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.
Nourison Names Director of Furniture Store Sales
Saddlebrook, NJ, Nov. 19, 2008--Jeff Gonzalez has been named to the new post of director of furniture store sales for Nourison.
Home Builder Sentiment Hits Low in October
Washington, DC, Nov. 18, 2008--Pessimism has never been higher among U.S. home builders as it was in early November, the National Association of Home Builders reported Tuesday.
UK Vinyl Recycling Program Seeks More Material
London, England, Nov. 19, 2008--A UK program that recycles vinyl and linoleum floor waste is seeking more collection points.
Thomas Industries' Monticello Unit Has New Owner
Dalton, GA, Nov. 17, 2008—Thomas Industries has sold its Monticello Floors as part of the Chapter 11 bankruptcy process and it is now operating under the name Monticello International.
Home Depot Earnings Slide 31% in Quarter
Atlanta, GA, Nov. 18, 2008--Home Depot said its third quarter profit fell 31 percent on slow sales at established locations as consumers continued to cut back on spending amid a slowing economy.
Milliken Contract Says Carpet NSF-140 Certified
LaGrange, GA, Nov. 18, 2008--Milliken Contract said that all of its commercial carpet collections are now certified to the NSF-140 Sustainable Carpet Assessment Standard.
Wilsonart Continues Downsizing, Expects Slow '09
Temple, TX, Nov. 18, 2008--Wilsonart International said it will begin offering employees early opt-outs.
Revisions To LEED Ratings Will Begin Next Year
Boston, MA, Nov. 18, 2008--LEED 2009, the long-awaited update to the internationally recognized LEED green building certification program, has passed member ballot.
Producer Prices Plunge in October on Lower Energy
Washington, DC, Nov. 18, 2008--Wholesale prices fell a record amount in October as energy prices fell by the largest amount in 22 years.