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.
Washington, DC, Feb. 11--Federal Reserve Chairman Alan Greenspan said Wednesday the U.S. economy has made "impressive gains" since last summer and predicted that even the lagging job market should perk up in coming months.
New York, NY, Feb. 11--According to Adweek, Karastan carpets--seeking to update its image for a young, contemporary audience of women who see themselves as "decorating divas”--is slated to launch a $5 million print campaign.
Red Lion, PA, Feb. 11--Federal authorities have fined Tate Access Floors Inc. $8,400 for two safety violations in connection with the Nov. 24 death of a mechanic.
Wichita, KS, Feb. 11—Invista has decided on its future U.S. headquarters sites, pending successful completion of the Invista sale from DuPont.
Washington, DC, Feb. 10--Fannie Mae, responding to pressure from Congress, is preparing to increase its financing of manufactured housing, despite the heavy losses it has suffered in that sector during the past year.
San Diego, CA, Feb. 10--WD-40 Company and PZ Cussons plc today announced they have signed a definitive purchase agreement in which WD-40 Company will acquire the 1001 brand of carpet cleaning products.
New York, NY, Feb. 9--More and more, big-box retailers like The Home Depot and Wal-Mart are eyeing New York City and brainstorming ways to enter the market.
Anaheim, CA, Feb. 9--The Floor Covering Industry Foundation (FCIF) has a new chairman for only the third time in its 24-year history.
New York, NY, Feb. 9--After a week fending off questions from his former boss' lawyers, the prosecution's key witness against Martha Stewart now must face more barrages--this time from Stewart's camp.
Dalton, GA, Jan. 29--The Carpet America Recovery Effort (CARE), the industry-led effort to reduce the flow of waste carpet to landfills in the United States, has announced its second grant cycle.