Industrial Production Falls in January
Washington, DC, February 15, 2007--Industrial production fell by the largest amount since Hurricane Katrina, the Federal Reserve reported Thursday.
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 to Improve as Year Progresses
Washington, DC, February 15, 2007 - It is only a matter of time before housing begins to recover from its first major downturn in about 15 years, said industry economists at thenternational Builders’ Show.
Mohawk Makes Key Appointments in Hard Surface Unit
Dalton, GA, February 15, 2006--Mohawk Industries has named Brian Carson to the post of as president of its Hard Surfaces division. He will report to Monte Thornton, president of the Mohawk Flooring Division.
Jobless Claims Up Last Week
Washington, DC, February 15, 2007--The unemployment lines grew longer last week, in part because of bad weather in the Midwest and Northeast, the government reported Thursday.
Import Prices Off in January
Washington, DC, February 15, 2007--Prices paid for goods imported into the United States fell 1.2% in January on large declines in petroleum and natural gas prices, the Labor Department reported Thursday.
New York Manufacturing Activity Rebounds
Washington, DC, February 15, 2007--Manufacturing activity in the New York area in February rebounded after two straight soft months, the New York Federal Reserve Bank said Thursday.
Armstrong to Review Strategic Alternatives
Lancaster, PA, February 15, 2007--Armstrong World Industries said it has initiated a review of its strategic alternatives. The company has retained Lazard Freres & Co. LLC as its financial advisor to assist in this process.
Milliken Celebrates Trees for All Anniversary
LaGrange, GA, February 15, 2007--Georgia Arbor Day is February 16. Celebrating Chairman Roger Milliken passion for trees and its successful Trees for All anniversary, Milliken Contract will partner with the Georgia Forestry Commission.
CFI/ WFCA Announce Educational Events
Kansas City, MO, February 15, 2007--The International Certified Floorcovering Installers Association and the World Floor Covering Association will host a series of educational programs that include certification for carpet installation professionals.
Solutia Panel Seeks Mandatory Mediation
St. Louis, MO, February 15, 2007--Hoping to end a stalemate in Solutia's prolonged Chapter 11 case, unsecured creditors are asking a bankruptcy judge to force the company, to come to the table for mediation talks.