Mortgage Applications Up on Refinancing Activity
Washington, DC, July 16, 2008--Mortgage applications filed last week rose 1.7 percent over the previous week, as homeowners continued to refinance, according to the Mortgage Bankers Association.
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.
Industrial Production Rises After End of Strike
Washington, DC, July 16, 2008--Industrial output rose 0.5 percent in June, the fastest pace in 11 months, the Federal Reserve reported Wednesday.
Karastan Spokesperson Preston To Be at Vegas
Atlanta, GA, July 16, 2008— Karastan’s 2008 “Make A Statement” star, actress Kelly Preston, will be at the World Market in Las Vegas to celebrate Karastan’s 80th anniversary and the grand opening of its showroom.
Laticrete Names Regional Sales Manager
Bethany, CT, July 15, 2008--Laticrete has appointed industry veteran Robert Smith regional sales manager, North Carolina.
Välinge Signs Chinese Producer of Nature Brand
Viken, Sweden, July 16, 2008--Välinge has signed a non-exclusive worldwide license agreement with the Chinese producer of the well-known Nature brand.
Columbia Flooring Begins Rebranding
Dallas, TX, July 15, 2008--Columbia Flooring has undergone an extensive makeover of its brand.
Forbo Raising Prices Beginning Aug. 1
Hazleton, PA, July 15, 2008—Forbo Flooring Systems of North America is raising its prices effective Aug. 1.
VW Decides To Build Plant in Chattanooga
Chattanooga, TN, July 15, 2008--The Chattanooga/North Georgia area got some welcome economic news today when Volkswagen AG said it will build its first U.S. assembly plant in Chattanooga.
Three More Chinese Companies Sign With Välinge
Viken, Sweden, July 15, 2008--Välinge has entered into global non-exclusive laminate license agreements with three Chinese companies.
Producer Prices Jump More Than Expected
Washington, DC, July 15, 2008-- Producer prices jumped in June on a spike in energy costs, according to the Labor Department.