Productivity Up 4.9%, Most in Four Years
Washington, DC, November 7, 2007--Productivity in the third quarter rose at an annual rate of 4.9%, according to the Labor Department.
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.
Mortgage Applications Off Slightly Last Week
Washington DC, November 7, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending November 2, 2007.
Milliken Carbon Negative Status Certified
Chicago, IL, November 7, 2007—The non-profit Leonardo Academy, known for its work on sustainable buildings and climate change, announced a standard regarding factors included in climate emission inventories and offset statements.
Milliken Named One of Most Trusted Brands in China
LaGrange, GA, November 6, 2007--Milliken Floor Covering was named one of the ten most trusted brands in China at the annual conference of the Premier Design Association in China (CIID).
Altro Floors Introduces Mirica Sheet Vinyl
Wilmington, MA, November 6, 2007--Safety flooring specialist Altro Floors has developed Altro Mirica, an all new, high design safety flooring.
Solutia Posts Third Quarter Loss
St. Louis, MO, November 7, 2007—According to a company filing with the SEC, Solutia reported a third-quarter net loss of $111 million, or $1.06 a share.
Furniture Brands to Close Eight Stores
St. Louis, MO, November 7, 2007--Furniture Brands International Inc. said on Tuesday that it plans to close eight company-owned Broyhill and Lane stores, cutting 83 jobs.
Pfleiderer 3Q Net Up, Expands NA Laminate Share
Neumarkt, Germany, November 7, 2007--Pfleiderer AG remained on its profitable growth path in the third quarter.
Hovnanian’s Contracts and Deliveries Fall
Red Bank NJ, November 6, 2007--Home builder Hovnanian said its fourth-quarter net contracts and home deliveries fell, while cancellations rose amid the housing market's decline.
Teragren Files Patent Suit Against Smith & Fong
Seattle, WA, November 6, 2007—Teragren said it has filed a patent infringement lawsuit against Smith & Fong Company, doing business as Plyboo.