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.
London, England, February 23, 2006---According to a report in the Sunday Telegraph, Lowe’s, the world's second largest home improvement retailer, is secretly plotting an assault on the European DIY market in a move that could see it swallow Kingfisher
Horsham, PA, February 23, 2006--Luxury home builder Toll Brothers on Thursday reported a 49% improvement in first-quarter profit, while noting that speculators are leaving the housing market.
Jakarta, Indonesia, February 23, 2006--When the world's biggest timber smuggling operation from Papua to China was exposed last year, it marked a turning point in the fight against illegal logging in the country.
Washington, DC, February 23, 2006--The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending February 17. The Market Composite Index--a measure of mortgage loan application volume--was 578.5, an increase
Washington, DC, February 23, 2006--First-time seasonally adjusted claims for state unemployment benefits dropped by 20,000 to 278,000 last week, reversing the prior week's gains, the Labor Department reported Thursday.
New York, NY, February 22, 2006--Chain store sales rose slightly in the latest week after dipping in the prior week due to pent-up demand, according to a report on Wednesday.
Harrisburg, PA, February 22, 2006--Pennsylvania governor Edward G. Rendell today announced plans to help speed up the redevelopment of 47 acres at the former Armstrong World Industries manufacturing site in Lancaster.
Red Bank, NJ, February 22, 2006--Homebuilder Hovnanian Enterprises Inc., said its first-quarter net profit would meet or slightly exceed its previous forecasts of $1.10 per share to $1.25 per share.
Calhoun, GA, February 22, 2006--The Gordon County Commission on Tuesday approved a seven-year tax abatement for Nourison Rug Corp., which plans to build a facility there, bringing between 50 to 150 jobs.
Trenton, NJ, February 22, 2006--U.S. Bankruptcy Court Judge Kathryn Ferguson has stripped a Washington, D.C., insurance recovery firm of $13 million in legal fees because it failed to disclose conflicts of interest while conducting bankruptcy work for Mer