Existing Home Sales Off 1.9%
Washington, DC, October 25, 2006-- Existing-home sales eased last month, as did the number of homes available for sale-indicating the housing market is stabilizing, according to the National Association of Realtors.
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.
Lesham Lawyer: Client Had Done Absolutely Nothing
Los Angeles, CA, October 24, 2006--Three officers of Cover-All, a multistate flooring and carpet installation company have been charged with defrauding the state's biggest workers' compensation insurer of nearly $11 million.
Foamex Files Amended Reorganization Plan
Linwood, PA, October 24, 2006--Foamex International said the company and certain of its subsidiaries collectively have filed their First Amended Plan of Reorganization and related amended Disclosure Statement with the U.S. Bankruptcy Court for the Distric
Suspected Arsonist Arrested in Anderson Fire
Clinton, SC, October 20, 2006--A man is charged with arson in a fire that burned nearly half of a Clinton hardwood flooring plant earlier this month.
Mohawk’s New Plastic Carpet Cores are Recycled and
Dalton, GA, October 20, 2006--It a “win-win” situation, as part of its philosophy of looking at everything it does to see if there’s a way to do it better, Mohawk took a deep look into its carpet packaging—all the way to the core.
Clarion Gets Go Ahead To Build Plant
Oil City, PA, October 20, 2006--Clarion County planning commission members have given the go-ahead for Clarion Boards Inc., a joint venture of Tarkett and Aconcagua Timber, a Chilean wood panel company, to build a new laminate facility next to its Paint T
Officials of Installation Firm Cover-All Jailed on
Chatsworth, CA, October 19, 2006--Three top officials of the nation's largest flooring installation company were arrested Wednesday on suspicion of committing almost $11 million in insurance fraud, prosecutors said.
Architecture Billings Index Up in September
Washington, DC, October 19, 2006--The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed more modest growth in September following a surge in the August figures.
Color Tile Outlet Partners with Big Bob's
Chattanooga, TN, October 16, 2006--Alliance Flooring, Inc. announces its partnership with Big Bob’s Flooring Outlet, a franchise chain of approximately 40 locations throughout the U.S., as one of the first Color Tile Outlet licensees.
September Housing Starts Up 5.9%
Washington, DC, October 18, 2006--Home builders broke ground on more new homes in September. New construction of homes unexpectedly increased 5.9% in September to a seasonally adjusted annual rate of 1.772 million, the Commerce Department estimated.