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.

Mideast One of Fastest Growing Flooring Markets

Dubai, United Arab Emirates, April 24, 2006--International and regional flooring manufacturers are tipping the Middle East as one of the world’s fastest-growing markets with annual growth of around 15 percent in the coming decade.

IWT Tesoro Delays Annual Report Filing

Westport, CT, April 24, 2006--IWT Tesoro Corp. has been delayed filing its Annual Report on Form 10-K with the Securities and Exchange Commission for the fiscal year ended December 31, 2005.

Shaw Wins Waste Reduction Award

Dalton, GA, April 24, 2006, Shaw Industries, Inc., California Division was recently honored by the Waste Reduction Awards Program (WRAP).

Canada Retail Sales Off 0.4%

Ottawa, Ontario, April 21, 2006--Canadian retail sales dropped by 0.4 percent in February, the first decline after four months of increases.

Feltex Fined $150,000 for Nondisclosure

Wellington, New Zealand, April 21, 2006--Feltex has agreed to pay out at least $150,000 after the Stock Exchange ruled the embattled carpet maker had not informed it quickly enough last year about a severe fall in profits, according to the Dominion Press.

UK’s Floors 2 Go Announces New Board Member

Birmingham, England, April 21, 2006--Floors 2 Go, the UK's largest specialist retailer of laminate and wooden flooring, has announce that Geoff Brady is joining the board as a Non Executive Director.