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.

Beazer Swings to Loss in Fiscal 2007

Beazer Swings to Loss in Fiscal 2007

Atlanta, GA, May 13, 2008-- Homebuilder Beazer Homes said on Monday that it lost $411.1 million, or $10.70 per share, for the full fiscal year ended September 30, 2007.

Prices of Imports Continue To Climb

Washington, DC, May 13, 2008--The price of U.S. imports rose slightly more than expectations in April but goods other than oil were at a record high for the second consecutive month, according to the Labor Department.

Second Quarter Revenue Falls 30% for Toll Brothers

Second Quarter Revenue Falls 30% for Toll Brothers

Horsham, PA, May 13, 2008--Luxury homebuilder Toll Brothers Tuesday reported a 30 percent drop in second-quarter revenue, and said it expects second-quarter pretax writedowns between $225 million to $375 million.

Milliken Wins Manufacturing Award

Milliken Wins Manufacturing Award

Spartanburg, SC, May 13, 2008--The Silver Crescent Foundation and the South Carolina Manufacturing Extension Partnership presented Milliken & Company with the Silver Crescent Award for Manufacturing Excellence in the large manufacturer category.

Foamex Q1 Loss Nearly Double Last Year

Foamex Q1 Loss Nearly Double Last Year

Linwood, PA, May 9, 2008--Foamex International Inc. said it lost $48.6 million, or $2.05 per diluted share, compared to a net loss of $17.6 million, or $1.04 per diluted share, in the first quarter of 2007.

Wear-Dated Introduces New Display

Kennesaw, GA, May 12, 2008—Wear-Dated is introducing to Abbey Carpet & Floor, Floors To Go and The Floor Club a new carpet display featuring Royalty Carpet Mill products.

Maple Growers Challenge Bamboo Green Claims

Deerfield, IL, May 12, 2008--The Maple Flooring Manufacturers Association is urging the bamboo industry to back up its “green” claims regarding bamboo resource management and manufacturing practices.