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.
Washington, DC, Jan. 29, 2009--President Barack Obama's $819 billion economic stimulus legislation is headed for the Senate after a partisan vote in the House in which Republicans united in opposition and 11 mostly conservative Democrats joined them.
Manchester, England, Jan. 29, 2009--Commercial flooring manufacturer James Halstead yesterday reiterated that its full-year sales and profit would be in line with its expectations and ahead of last year's figures.
Washington, DC, Jan. 29, 2009--Sales of new homes hit a record low in December, the Commerce Department estimated Thursday.
Scottsdale, AZ, Jan. 29, 2009--Home builders Meritage Homes Corp. and Ryland saw sales fall significantly in the fourth quarter and losses continued.
Washington, DC, Jan. 29, 2009--Orders to U.S. factories for big-ticket manufactured goods fell for the fifth straight month in December.
Dalton, GA, Jan. 29, 2009--Sphinx by Oriental Weavers said it will close its High Point, N.C. Showroom this month.
Danville, VA, Jan. 28, 2009--Columbia Flooring Inc. will lay off employees at its manufacturing plant in Danville, according to the Madison Messenger.
Dalton, GA, Jan. 27, 2009--Mohawk Industries has won a GPEC 2009 Recycling Award from the Society of Plastics Engineers.
Washington, DC, Jan. 28, 2009--The Federal Reserve will seek to renegotiate mortgages it owns that might otherwise enter foreclosure, Chairman Ben S. Bernanke told congressional leaders in a letter Tuesday.
Washington, DC, Jan. 28, 2009--Applications filed for mortgages last week fell a seasonally adjusted 38.8% compared with the prior week, the Mortgage Bankers Association reported Wednesday in its weekly survey.