Industrial Production Up in April
Washington, DC, May 16, 2007--Industrial production rose 0.7 percent in April following a revised 0.3 percent decrease in March, according to a Federal Reserve report issued Wednesday.
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.
Housing Starts Up. Permits Drop
Washington, DC, May 16, 2007--Housing starts rose 2.5 percent in April to a seasonally adjusted annual pace of 1.528 million, according to the Commerce Department.
Salter Named Formica Midwest Regional Manager
Barnwell, SC, May 16, 2007--Formica Flooring announces that Rich Salter has joined its sales team as Midwest Regional Manager.
State Home Sales Show Stabilization in 1Q
Washington, DC, May 16, 2007--State existing-home sales in the first quarter generally are below a year ago but more states are improving than reported in the fourth quarter of 2006.
Mortgage Applications Decrease Slightly
Washington, DC, May 16, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 11, 2007.
NTCA Launches Online Career Center
Jackson, MS, May 16, 2007--The National Tile Contractors Association (NTCA) recently launched its interactive job board, the NTCA Career Center.
Foamex Reports 1Q Loss
Linwood, PA, May 14, 2007--Foamex in the first quarter reported a net loss of $17.0 million, or $1.01 per share, compared to net income of $17.1 million, or $1.78 per diluted share in the first quarter of 2006.
Home Builder Confidence Slips Again
Washington, DC, May 15, 2007--Ongoing concerns about subprime-related problems in the mortgage market caused builder confidence about the state of housing demand to decline in May
Lee Joins Florim Sales Team
Clarksville, TN, May 14, 2007--Bryan Lee has joined Florim as Regional Sales Manager servicing distributors throughout the East coast region.
Vogl Joins Florim Sales Team
Clarksville, TN, May 14, 2007--Marissa Vogl is Florim’s new Marketing Specialist for the West region.