Mortgage Apps Decreased Last Week
Washington, DC, November 21, 2007—Mortgage applications fell 3.6% last week, according to the Mortgage Bankers Association weekly survey.
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.
NAFCD Unites Distributors and Manufacturers
Chicago, IL, November 21, 2007--The North American Association of Floor Covering Distributors (NAFCD) said that its recent 36th Annual Meeting and Distributor Marketplace, held October 25-27, had 96 exhibitor booths, a 20% increase.
Builder Confidence Unchanged
Washington, DC, November 19, 2007--Builder confidence in the market for new single-family homes remained unchanged in November due to continuing mortgage market problems.
Corporate Floors Joins StarNet Group
Darien CT, November 14, 2007--Corporate Floors Inc. of Grapevine, Texas has joined the StarNet commercial flooring group.
NTCA Celebrates 60th at Total Solutions Conference
Jackson, MS, November 20, 2007--More than 400 contractors, distributors, dealers and manufacturers from across the country attended National Tile Contractors Association Total Solutions Conference.
Milliken Gets Georgia Forestry Commission Award
LaGrange, GA, November 20, 2007--Milliken & Company received the first Special Partnership Award from the Georgia Forestry Commission (GFC) in recognition of its contributions to urban forestry.
Mapei Receives Approval for New Jersey Plant
Deerfield Beach, FL, November 20, 2007--The Mapei Corporation expects to begin building a 115,000-square-foot manufacturing facility in Millville, New Jersey by early next year.
Solutia Announces New Compensation Plan, Board
St. Louis, MO, November 20, 2007--Solutia Inc.on Monday revealed a compensation package that ties its executives' pay to company performance as the chemical firm emerges from a four-year bankruptcy reorganization
Nordstrom Third Quarter Earnings Up 22%
Seattle, WA, November 20, 2007--Nordstrom reported third quarter earnings rose 22%.
Investment Firm Buys Tarkett’s Wood Operation
Johnson City, TN, November 20, 2007—A private investment firm is buying the Johnson City Tarkett Wood plant in hopes of restoring the operation to the competitiveness and strong reputation it enjoyed for most of the 20th century as Harris Flooring.