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.

Canada Housing Starts Off

Ottawa, Ontario, June 8, 2006--Canadian housing starts dipped 0.5 percent in May to a seasonally adjusted annualized rate of 216,800 units from a revised 217,900 units in April.

'Extreme Sheep' May Brighten the Future of

Adelaide, Australia, June 8,m 2006--The future of Australia's $3 billion-plus wool industry--and the carpet and rug makers who depend on it--may lie with the ugliest, least-wanted lambs.

Q.E.P. Modifies Loan Agreement

Boca Raton, FL, June 08, 2006--Q.E.P. Co., today announced that effective June 1, 2006, the company entered into a Seventh Amendment and Waiver Agreement to its Second Amended and Restated Loan Agreement dated as of November 14, 2002.

Spector Vows to Pursue Asbestos Bill

Washington, DC, June 7, 2006--A senior Senate Republican vowed on Wednesday to press ahead with his legislation for a privately funded $140 billion trust to pay asbestos injury claims.

Home Depot Defends Bank Purchase

Atlanta, GA, June 7, 2006--Home Depot struck back at comments from a key real estate industry group that its proposed purchase of a small bank could harm competition, saying homeowners have many ways to finance home projects.

AFCA Honors James M. D. Maloney

Phoenix, Ariz., May, 2006--Arizona Floor Covering Association will be honoring James M. D. Maloney, president of United Freight Service, Inc., as the “AFCA Person of the Year 2006” at the awards dinner to be held on November 10, 2006.

A Marriage of Business and Marriage

Wall, NJ, June 7, 2006--When it rains and customers stay home rather than shop for new carpet, Kevin Ryan sometimes frets over the dip in business.

Ex-CBO Chief: Asbestos Bill a Big Risk

Washington, DC, June 7, 2006--The Senate proposal for a privately funded trust to pay asbestos injury claims is laden with uncertainty and taxpayers risk footing the bill, the former head of the Congressional Budget Office plans to tell a Senate committee