Interface Sells Dealer Network
Atlanta, GA, March 30, 2006--Interface, Inc., today announced the completion of the sale of its Resource Connect aligned dealer network, and the transition of the network to private ownership.
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.
Mannington Intros New Hardwoods
Salem, NJ, March 29, 2006 This spring, Mannington is taking flooring fashion to new heights with an array of new hardwood introductions.
Remodeling Spending At All-Time High
Washington, DC, March 29, 2006--Passing $200 billion for the first time, Americans spent an estimated $210 billion on residential remodeling in 2005, based on the National Association of Home Builders’ (NAHB) analysis of recently released third-quarter re
The Fed Hikes Rate to 4.75%
Washington, DC, March 29, 2006As expected, the Federal Open Market Committee raised the benchmark federal funds rate on Tuesday by a quarter of a percentage point, to 4.75 percent, and suggested that at least one more increase was in the cards.
Mannington Calls for 'Stand On a Better World&
Salem, NJ, March 29, 2006--Mannington Mills, a leading manufacturer of fine flooring, has announced the call for nominations for the 2006 "Stand On A Better World" Awards, which recognize women who have made significant contributions to their communities.
The Fed Hikes Rate to 4.75%
Washington, DC, March 29, 2006As expected, the Federal Open Market Committee raised the benchmark federal funds rate on Tuesday by a quarter of a percentage point, to 4.75 percent, and suggested that at least one more increase was in the cards.
Carlyle to Invest $30M in China Wood Flooring Firm
Shanghai, China, March 29, 2006--U.S. buyout firm Carlyle Group plans to invest $30 million in Shanghai Anxin Flooring Co. Ltd., a source with the Chinese company said on Wednesday.
Survey: CFOs Upbeat on Economy
New York, NY, March 29, 2006--According to a survey released Wednesday by accounting firm Grant Thornton, senior U.S. financial executives are overwhelmingly confident in the financial performance of their own companies, even if the economy does not perfo
Two Wisconsin Retailers Face Criminal Charges
Chippewa Falls, WI, March 29, 2006--Warrants were issued this morning for the arrest of two men who allegedly bilked area consumers out of thousands of dollars through a fraudulent flooring business in Chippewa Falls.
EIA’s New Guide to Sustainable Wood Flooring
Washington DC, March 29, 2006--The darker shades of exotic hardwoods, especially merbau, are the new fashion in flooring, but, says the Environmental Investigation Agency (EIA), but shoppers should beware of false claims that the flooring is from sustaina