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.
Las Vegas, NV, February 9, 2007--Torlys, a Canadian flooring company, made its move into the U.S. market at Surfaces. The company sells cork, hardwood, laminate and lilnoleum flooring through specialized dealers.
Tokyo, Japan, February 8, 2007--Itochu Corp has acquired Galleher Inc, a California-based flooring distributor for an estimated 4 bln yen, to bolster its North American home building materials business, the Nikkei reported, without citing sources.
Kathmandu, Nepal, February 7, 2007--Nepal Woolen Carpet Exporters Association (NWCEA) has stated that almost 200,000 workers have been rendered jobless following forced closure of carpet industries.
Federal Way, Washington, February 9, 2007--Forest products maker Weyerhaeuser Co. said Friday it swung to a profit in the fourth quarter from a year-ago loss, although lower domestic log prices still weighed on results.
Washington, DC, February 9, 2007--Consumer confidence climbed to a 2 1/2-year high with people feeling even better about job prospects, the current economic climate and investment opportunities.
New York, NY, February 9, 2007--The arrival of cold winter weather and consumers armed with gift cards gave retailers something to cheer about as U.S. chain store sales increased by a strong 3.7 percent for the month, on a year-over-year basis.
Washington, DC, February 9, 2007--The number of newly laid off workers filing for unemployment benefits edged up slightly last week but was at a level that signaled a solid labor market.
Atlanta, GA, February 8, 2007--Invista Interiors said today that Melissa S. Noebes has been appointed marketing communications & brand manager for its commercial and transportation business.
Orlando, FL, February 8, 2007--Government and housing industry economists say the ailing housing market will regain a little of its momentum in 2007, but the recovery will be slow.
Washington, DC, February 8, 2007--Doug Duncan, chief economist and senior vice president of research and business development for the Mortgage Bankers Association (MBA), testified February 7, before the Senate on preditory lending.