Today's Flooring News

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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.

Lowe's Confident of 2006 Outlook

Charlotte, NC, May 25, 2006--Today at its annual meeting of shareholders, Lowe's Chairman, president and CEO Robert A. Niblock said the company remains confident in its outlook for 2006.

Existing-Home Sales Slip in April

Washington, DC, May 25, 2006--Existing-home sales eased in April on the heels of a two-month rebound, according to the National Association of Realtors.

Aquafil USA Moves to New Facility

Cartersville, GA, May 25, 2006--Aquafil USA Inc., is moving into its new 140,000 square foot building in Cartersville, Georgia. The facility, will house, a new fiber extrusion plant and an improved twisting, heatsetting and air entanglement operation.

Thomas Industries Sees Management Changes

Dalton, GA, May 25, 2006--Thomas Industries, LLC, a manufacturer of broadloom carpet for the hospitality industry, residential home centers, and other specialty markets, announced today several important management changes.

Nardelli’s $245 Million Pay Spotlighted

Wilmington, DL, May 25, 2006--Bob Nardelli, the chairman and chief executive of Home Depot Inc., will be facing an unusually large group of dogged antagonists at his company's annual meeting on Thursday.

Domotex Middle East Feeds Construction Boom

Dubai, United Arab Emirates, May 25, 2006--The Gulf's booming construction industry is paying rich dividends for international and domestic carpet and floor covering manufacturers.

Weekly Initial Jobless Claims Off

Washington, DC, May 25, 2006--First time claims for unemployment benefits fell to 329,000 in the week ending May 20, the Labor Department said Thursday, a decrease of 40,000 from the prior week.

Tricycle to Launch Reverb at Neocon

Chicago, IL, May 24, 2006--At the NeoCon World's Trade Fair next month, Tricycle will launch Reverb, an anthology of essays by eco-consultants, leading commercial designers and industry editors.