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.
Singapore, Oct. 6, 2008--Oil prices fell to an eight-month low below $90 a barrel on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude oil.
Calhoun, GA, Oct. 6, 2008--Area rug manufacturer Surya has partnered with HGTV celebrity decorator Candice Olson to create a new collection of area rugs set to début later this month at the High Point market, according to the Calhoun Times.
New York, NY, Oct. 6, 2008--Experts say the most important thing that needs to happen before the $700 billion bailout even has a chance of working: Home prices must stop falling.
New York, NY, Oct. 6, 2008--The apartment vacancy rate in the third quarter increased to its highest level in more than three years, as the economy weakened and diluted the greatest source of apartment demand -- job growth.
Frisco, TX, Oct. 6, 2008--Frisco-based Coker Floor Co. Inc. has filed for Chapter 11 bankruptcy protection.
Atlanta, GA, Oct. 6, 2008--While it appears the housing crisis hasn't hit bottom yet, the end is in sight, at least if you adhere to how Americans have behaved in the past, according to Home Depot experts.
Lancaster, PA, Oct. 3, 2008--Union negotiators and Armstrong World Industries agreed Friday on a new three-year contract covering five Armstrong flooring plants, including its Lancaster site, according to Lancaster.online.
Montreal, Quebec, Canada, Oct. 3, 2008--FieldTurf Tarkett is relocating its corporate headquarters from Montreal to Peachtree City, Ga.
Washington, DC, Oct. 3, 2008--The economy lost more jobs last month than in any month in more than five years.
St. Louis, MO, Oct. 1, 2008 — Wear-Dated carpet fiber is teaming up with Fabrica on a new retail salesperson incentive program this fall.