Raised Access Flooring Firm Wants Messy Floor
Strongsville, OH, Feb. 3, 2009--Millennium Flooring, a national raised access flooring installer, is celebrating its grand opening by looking for the messiest office floor in America.
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.
Obama Wants To Lower Mortgage Costs
Washington, DC, Feb. 2, 2009--President Barack Obama promised on Saturday to lower mortgage costs as part of a financial rescue effort.
Berry and Alloc Settle Faus Patent Dispute
Racine, WI, Jan. 30, 2009--Beaulieu International Group NV, Berry Finance NV, Berry Floor NV, Berry Floor USA, Inc., Alloc, Inc. and the Faus Group have settled their patent and contract disputes.
Construction Spending Fell in December
Washington, DC, Feb. 2, 2009--Construction spending fell for a third straight month in December, closing out a year in which building activity fell by a record amount as housing continued to plunge.
ANSI Approves Home Builders Green Standard
Washington, DC, Feb. 2, 2009--The National Association of Homebuilders said last week that its new green building standard for residential properties was approved by the American National Standards Institute, paving the way for its release.
Former Feltex Directors Face Criminal Charges
Auckland, New Zealand, Feb. 2, 2009--The Registrar of Companies has filed criminal charges against five former directors of failed Feltex Carpets.
Consumer Spending Fell in December
Washington, DC, Feb. 2, 2009--Consumer spending fell for a record sixth straight month in December as recession-battered households boosted their savings rates to the highest level since May.
Foamex Names Two New Board Members
Media, PA, Feb. 2, 2009--Foam supplier Foamex International has named two executives of investment firm D.E. Shaw & Co. to its board of directors, replacing two members who are stepping down.
Court Approves Propex Loan from Investment Group
Chattanooga, TN, Jan. 29, 2009--Propex Inc. said that the U.S. Bankruptcy Court in Chattanooga has approved, on an interim basis, a $65 million debtor in possession loan with Wayzata Investment Partners.
GDP Shrinks in Q4 But Better Than Expected
Washington, DC, Jan. 30, 2009--The economy shrank at a 3.8 percent pace at the end of 2008, the worst showing in a quarter-century, as the deepening recession forced consumers and businesses to throttle back spending.