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.
New York, NY, March 12, 2008--The American Stock Exchange said it will delist the Class A common stock of Congoleum Corporation effective March 24, unless it is postponed by the Securities and Exchange Commission.
Washington, DC, March 12, 2008-- The U.S. trade deficit expanded in January as imports rose to all-time highs.
Los Angeles, CA, March 11, 2008-- The U.S. economy will suffer as the slumping housing market slows job creation and consumer spending, but the nation should avoid a recession this year, according to the UCLA Anderson Forecast.
Medina, OH, March 11, 2008--RPM International Inc. said that its subsidiary, Euclid Chemical Company of Cleveland, has acquired Increte Systems of Odessa, Fla.
Tehran, Iran, March 11, 2008--Deputy Commerce Minister Morteza Faraji said on Tuesday that there are 2 million people producing hand-woven carpets in Iran.
Atlanta, GA, March 11, 2008–-Gerflor has launched a new commercial website, www.gerflor-us.com.
Milwaukee, WI, March 11, 2008-- U.S. employers anticipate a decline in hiring for the second quarter, according to the latest Manpower Employment Outlook Survey.
Red Bank, NJ, March 11, 2008--Hovnanian Enterprises Inc.'s net loss increased in the first quarter to $131 million as the company had $94 million in write-downs because of falling home prices since last summer.
Dubai, United Arab Emirates, March 11, 2008--Wood imports to the UAE have grown 100 percent over the past two years and the demand for wood products has resulted in contracts worth more than $150 million during the Dubai Woodshow.
Kennesaw, GA, March 11, 2008—A majority of homeowners take on do it yourself projects and say it’s important to use sustainable products, according to a survey by Floor & Décor.