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.
Houston, TX, March 2, 2005—-Research from Industrialinfo.com indicates that Mannington Floors Inc., a business unit of privately-held Mannington Mills Inc.(Salem, N.J.), is increasing its hardwood flooring manufacturing capacity.
New York, NY, March 2--Layoffs jumped 17 percent in February to 108,387, boosted by increased merger and acquisition activity, according to international outplacement firm Challenger Gray & Christmas.
New York, NY, March 1--Americans are growing increasingly unhappy with their jobs, The Conference Board reports today.
Washington, DC, March 1--A new study shows sales of second homes surged in 2004, and that investment property and vacation homes make up a significant portion of the overall housing market.
Washington, DC, March 1—-Construction spending increased 0.7 percent in January to a record $1.047 trillion annual rate, according to the Commerce Department.
Red Bank, NJ, March 1--Hovnanian Enterprises has acquired the assets of Cambridge Homes, a privately held Orlando homebuilder.
New York, NY, March 1—-Chain store sales increased by 1.5% in the week ended Feb. 26 compared to the week before, according to the International Council of Shopping Centers-UBS Retail Chain Store Sales Index. In the prior week the index was off 0.1%.
Trelleborg, Sweden, March 1—Pergo has begun arbitration proceedings with HW Industries GmbH & Co KG in a case that concerns the reciprocal claims submitted by both parties.
Manchester, NH, March 1--Flooring America and Flooring Canada armed members with new, key marketing programs designed to show the value of national marketing and build their businesses locally.
Washington, DC, March 1--Unusually snowy conditions in the Midwest and Northeast contributed to a 9.2 percent decline in sales of newly built single-family homes in January.