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.
Memphis, TN, July 29-—Hardwood flooring shipments for June 2005 are reported at 45,064,000 square feet, a slight decline (1%) from the previous month’s shipments, according to NOFMA: The Wood Flooring Manufacturers Association.
Washington, DC, July 29--The chairman of the Senate Judiciary Committee said on Thursday he had decided against seeking to subpoena companies facing asbestos lawsuits, backing off the threatened action for the second time in a month.
Shanghai, CHINA, July 28--Diamond Global Partners, a Shanghai based company, has been given the full exclusive endorsement of the government of the Jiangsu province of China to facilitate the licensing agreements between companies owning the rights to pat
Atlanta, GA, July 27--Interface, Inc. reported a net loss of $7.4 million or $0.14 in the second quarter verses a net loss of $200,000 or break-even earnings per share in the year-ago period.
Washington, DC, July 27--New home sales in June rose 4% to a record 1.37 million, as a seasonally adjusted annual rate, according to a Commerce Department report. Sales during the month broke the previous record of 1.32 million, which was set in May.
Minneapolis, MN, July 27--Independent remodeling businesses are being increasingly squeezed by Home Depot and Lowe's.
Mercerville, NJ, July 26--Congoleum has filed a modified plan of reorganization and disclosure statement with the Bankruptcy Court to incorporate certain technical modifications to the plan filed in June.
Los Angeles, CA, July 26—-ProLogis, a provider of distribution facilities and services, is developing a pre-leased, 849,000-square-foot distribution facility for Mohawk Industries at ProLogis TransPark in Fontana, California.
Washington, DC, July 25--Existing home sales surpassed market expectations and reached another record in June as low mortgage interest rates and favorable market conditions continued to attract buyers, according to the National Association of Realtors.
Lancaster, PA, July 25—-Armstrong World Industries is offering its flooring distribution center on Spooky Nook Road for sale.