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, Aug. 21, 2008--Commercial and multifamily mortgage loan originations continued to fall on a year-over-year basis in the second quarter, according to the Mortgage Bankers Association’s (MBA) quarterly survey.
St. Louis, MO, Aug. 21, 2008--Solutia plans to sell 10,714,284 shares of its common stock at a price of $14 per share for net proceeds of approximately $145 million.
Chattanooga, TN, Aug. 21, 2008--The Dixie Group is planning to repurchase up to $10 million of its common stock.
Cartersville, GA, Aug. 20, 2008--Aquafil USA Inc. has been awarded a contract to supply BCF yarn for two BMW platforms, the E70 and E71.
Greensboro, NC, Aug. 21, 2008--UFloorSystems Inc. has entered in to a new full-line distribution partnership with Vega World Supply Inc. in Newark, N.J. to carry its wood adhesives, finishes, and sanding machines.
Washington, DC, Aug. 20, 2008--The AIA Billings Index strengthened last month, but still marked the sixth straight month of contraction, according to the American Institute of Architects.
Washington, DC, Aug. 20, 2008--Mortgage application volume fell last week to its lowest levels in more than six years, according to the Mortgage Bankers Association.
Bielefeld, Germany, Aug. 21, 2008--European laminate flooring producers are going on the offensive to prove the sustainability of their products.
Malawi, Africa, Aug. 21, 2008--The Ministry of Industry and Trade has imposed an immediate ban on the export of hardwood and hardwood products.
Dalton, GA, Aug. 20, 2008--Bart Rich has been named director of brand management for Mohawk Soft Surface products, a new position.