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.

Supreme Court Dismisses Mohawk Case

Washington, DC, June 5, 2006--The Supreme Court dismissed a case on whether carpet and floor-covering maker Mohawk Industries Inc. can be sued under the federal anti-racketeering law for allegedly using outside recruiters to hire illegal workers.

Carmel Carpets buys Turkey’s Atlas Carpets

Jerusalem, Israel, June 5, 2006--Carmel Holdings, the owner of carpet manufacturing company Carmel Carpets, has acquired 50.1% of Turkish carpet manufacturer Atlas Carpets Weaving Ind.

Kronospan Gets $123M Slovakian Incentives

Bratislava, Slovakia, June 5, 2006--The Slovakian government has approved an investment package worth Sk3.6bn ($123m) to support the investment plans of leading wood-panel producer Kronospan (Austria).

Apartment Builders' Confidence Hit Record in 1

Washington, DC, June 5, 2006--Multifamily builder confidence in the rental apartment market soared to a new high in the first quarter of 2006, as rising occupancies and rental rates pointed to increased consumer demand.

Home Prices Rising at Slower Pace

Washington, DC, June 2, 2006--Home prices rose at the slowest pace in two years in the first quarter, as some once-hot markets in California saw prices fall.

U.K. Patent County Court Denies Request

Wielsbeke, Belgium, June 2, 2006--On May 26, 2006, in a case of patent infringement on Unilin's glueless technology, The Patent County Court in London denied B&Q and Berry Floor’s request to continue enforcement of the final judgement issued on July 3

Index Based on Pending Home Sales Slides

Washington, DC, June 2, 2006--Pending home sales, the leading indicator for the housing sector, are continuing to ease, according to the National Association of Realtors.