Mannington Gears Up for Surfaces 2005
Salem, NJ – November 9 – With reports of registration and housing requests ahead of last year’s show, Mannington is gearing up for another spectacular Surfaces in January.
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.
Home Builder Lennar Warns on 4Q Closings
Miami, FL, November 5--Lennar Corp warned that it may have to delay closings on 600 of the new houses it expected to deliver to homeowners in the current quarter in part because of slowing demand in Southern California and Las Vegas.
Election Brings Optimism For Asbestos Tort Reform
Washington, DC, November 4--Companies battling asbestos litigation felt optimistic on Wednesday that stalled legislation to limit corporate liability would be pushed through a Republican-controlled Congress after President George W. Bush's re-election
ISM Manufacturing Index Off in October
Washington, DC, November 3--The Institute for Supply Management said its monthly index of manufacturing activity fell to 56.8 in October from 58.5 the month before.
Feltex 1Q Earnings Up
Auckland, New Zealand, November 2-- Feltex Carpets made a first quarter net profit of $4.4 million, in line with forecasts.
Former Macy’s CEO to Head JC Penney
Plano, TX, October 28--JC Penney has named a former chairman and chief executive of Macy's to lead the department store company, replacing Allen Questrom.
New Home Sales Up 3.5% in September
Washington, October 27--New home sales rose more than expected in September, as low mortgage rates continued to fuel the housing industry throughout most of the U.S.
Existing Home Sales Up 3.1% in September
Washington, October 25--Sales of existing single family homes were back up again in September after two consecutive monthly declines, according to the National Association of Realtors.
Homebuyers Favor Shorter Commutes, Walkable Neighb
Washington, October 22--The prospect of lengthening commutes is leading more Americans to seek walkable neighborhoods in close-in suburbs and cities, according to the 2004 American Community Survey.
Designer David Michaels Establishes New Flooring L
San Diego, CA, October 21--David-Michael, an artist who has contributed his award-winning interior design talents to the Hard Rock Hotel & Casino, is launching his own brand identity with the first of many product lines.